Hospital executives are projecting a sense of urgency around growing profit in other areas to make up for losing money on their bread and butter: taking care of patients in hospitals.
A judgment by the U.S. Bankruptcy Court’s Northern California District on Hazel Hawkins Memorial Hospital’s Chapter Nine bankruptcy eligibility is expected in the next few weeks.
After three years of devastating losses, including a $28 million deficit last year, Sturdy Health says it reaped a profit of $17.2 million in fiscal year 2023. President and Chief Executive Officer Aimee Brewer described the net gain as a “profit” in an email to The Sun Chronicle.
Entering its second year of public ownership, Watsonville Community Hospital has made significant strides toward financial stability since emerging from bankruptcy.
MercyOne is closing its family medicine clinic in Urbandale. The Catholic West Des Moines-based MercyOne Health System plans to close its family medicine clinic at 6200 NW Aurora Ave. in Urbandale in the near future, officials confirmed.