The amount for Penn's flagship hospital in University City amounts to the sixth-largest payout to any hospital in the nation, and accounts for the bulk of the $129.2 million coming to the University of Pennsylvania Health System.
Seeking to determine if Quorum Health was meeting its statutory obligations to operate Martin General Hospital, Martin County enlisted the help of North Carolina Attorney General Josh Stein last year to get those answers.
More than $16 million in federal aid will go to four rural Arkansas hospitals that received preliminary approval for the funds Tuesday from state lawmakers.
Rite Aid lost more than $1 billion in the months before it filed for bankruptcy, the failed drugstore chain revealed in a Wednesday regulatory filing, as it warned investors it may not be able to keep its business running.
Cleveland Clinic is once again in the spotlight for its limited investments in the community. The Clinic is one of 12 major nonprofit hospitals that dedicated less than 2% of their total revenue to charity care in 2021, the U.S. Senate Committee on Health, Education, Labor and Pensions recently found.
The University of Iowa’s final but unsuccessful bid to win the assets of Mercy Iowa City — as part of its filing for Chapter 11 bankruptcy — was $28 million, plus an additional commitment of at least $25 million in “immediate facility upgrades,” new UI Health Care Vice President for Medical Affairs Denise Jamieson said in a question-and-answer about the unrealized Mercy deal.