The presidents of two Connecticut hospitals owned by Prospect Medical Holdings told a gathering of state legislators Tuesday that their financial situation is dire, that they are struggling to pay bills and, if a deal to sell Prospect’s Connecticut hospitals to Yale New Haven Health is not approved, the facilities may not remain financially viable, according to people in attendance.
The Leflore County Board of Supervisors, almost two weeks after rejecting Greenwood Leflore Hospital’s request to draw $1 million from its $10 million line of credit, approved giving the hospital $3 million on Monday night.
Community needs are prompting changes to Munson Healthcare across the northern Michigan region. Munson Healtchare announced a three-year regional care transformation plan Wednesday.
St. Margaret’s Health issued statements to an Illinois review board that an unnamed lender had thwarted its efforts to keep the hospital open after the Spring Valley hospital closed in June.
The clock has run out for the Birthing Center at UMass Memorial Health Alliance-Clinton Hospital in Leominster. It closed its doors for good on Saturday night.
Commissioners debated whether to move forward on the proposal to conduct a forensic audit of Blount Memorial Hospital's finances. The discussion began with concerns about how an audit would be paid for.