The 'A' rating reflects TGH's variable but generally solid operating performance despite disruptions related to the pandemic, while also undergoing a major construction and renovation project. While fiscal 2022 will be more challenged due to macro labor and inflationary pressures, Fitch believes that TGH is well positioned for improved operating margins over the next two years as the projects are expected to be accretive to TGH's operating performance.
For generations, if patients needed an emergency room in the Boise area, they could choose between two non-profit ‘saints:’ St. Luke’s or Saint Alphonsus. But a new for-profit option could soon arrive in Boise. Houston-based Nutex Health applied to build what it calls a micro-hospital on an empty lot near the Flying Wye in Boise.
Wisconsin hospitals made $4 billion last year, 84% more than the previous year, as federal COVID-19 relief funds flowed, the stock market boosted investments and patients returned for care delayed early in the pandemic, according to a new report.
Jefferies Financial Group analyst B. Tanquilut now anticipates that the company will post earnings of ($2.10) per share for the year, down from their prior estimate of ($1.84). The consensus estimate for Community Health Systems' current full-year earnings is ($2.00) per share.
If Allamakee County residents approve the city-to-county conversion, property owners would see a tax increase of $1.09 per $1,000 of the net taxable value of their residential properties. This would generate $950,000 in annual appropriations to the hospital to retain existing programs like surgery and obstetrics and expand services to meet growing needs through a countywide property tax, according to hospital officials.