The Centers for Medicare and Medicaid Services (CMS) has approved the largest component of Governor Tate Reeves’ proposal to provide nearly $700 million to hospitals across the state.
The law prohibits credit agencies from collecting information about or reporting medical debt. The law also bans hospitals and health care providers in the state from reporting such debt to the agencies.
The Hennepin County Board split Tuesday over the 2024 budget for the hospital system commissioners oversee, with several saying they were frustrated by a lack of transparency over how the spending plan will affect caregivers.
Walgreens Boots Alliance Inc. had its senior unsecured credit rating cut to junk by Moody's Investors Service, citing the drugstore chain's high debt relative to earnings and risks associated with its push to offer more healthcare services.
North Arkansas Regional Medical Center announced the closure of some of its services in northern Arkansas. Leaders of the hospital system say inflation costs, a 15% increase in labor, and elevated medicine costs led to closing of two clinics in Marshall and Lead Hill.