The Second Circuit on Monday dismissed a Connecticut hospital's attempt to use the Administrative Procedure Act as a conduit for a multi-million-dollar dispute that a federal statute shields from both administrative and judicial review.
Northwestern Medicine Lake Forest Hospital has applied to a state board to begin a $389 million expansion and modernization project that would add nearly 100 beds to meet high demand. The Illinois Health Facilities and Services Review Board must first approve the project, which Northwestern officials discussed at a Lake Forest City Council meeting earlier this year.
An across-the-board wage increase of 6% takes effect Jan. 1 for employees at Aspen Valley Hospital, which plans to tap local nursing talent in response to an industry-wide staffing shortage.
The affirmation of the 'AA-' IDR reflects JHHS's strong financial profile through the cycle and its role as a major provider in the central Maryland and Washington D.C. market, supported by its excellent clinical reputation with a regional, national, and even international reach.
Nearly three years after hospitals and their workers found themselves on the frontlines of the coronavirus pandemic, Wisconsin hospitals are struggling to address both new and ongoing challenges.
The affirmation of the rating reflects BHCC's leading market share in key service lines within its primary service area of Pensacola, FL, and the expected long-term benefits from BHCC's new greenfield hospital, which is currently under construction and scheduled to open in September 2023. Fitch believes the expected benefits to be provided by the new hospital offset BHCC's thinner financial profile.