Net operating revenues totaled $3.140 billion, a slight increase from $3.108 billion in the prior year, exceeding the estimated $3.093 billion. CHS booked a $41 million in net loss, an improvement from $51 million loss recorded in Q1 2023.
Health and Human Services Secretary Kate Walsh says she is going 'to bankruptcy school' with outside experts to prepare for what could be a major turn in the long-running struggle of the for-profit chain.
Payers and providers in California will be limited to annual price increases of 3% starting in 2029 under a new rule state regulators approved Wednesday in the latest attempt to corral the ever-increasing costs of medical care.
PE-backed firms accounted for at least 17, or about a fifth, of the 80 bankruptcies of health-care companies last year, the Private Equity Stakeholder Project said.