With Federal Reserve Chair Jerome Powell expressing optimism that the uptick in inflation earlier this year was just a speed bump, the June reading will likely go a long way toward giving him and his colleagues the confidence they need to cut rates, likely starting in September.
Medicare wants to pay acute care hospitals $88.2 billion for outpatient services in 2025, about 2.6% more than in 2024 according to a Biden administration proposal released Wednesday.
UCSF Health will maintain key services at St. Mary's and Saint Francis after it buys the facilities from CommonSpirit Health for $100 million on Aug. 1.