Sonoma Valley Hospital is one of 17 hospitals in the state and the only one in the North Bay chosen to receive millions of dollars in a no-interest loan under a new state program designed to help financially struggling hospitals, the community facility has announced.
Oregon Health & Science University pulled in higher revenues and substantial profits through this summer, but in coming months it faces steep increases in expenses, including much higher wages and drug costs, OHSU executives told the board of directors in a quarterly financial update on Monday.
OhioHealth paid $12.8 million compensation in 2021 to Michael Louge, its outgoing COO, which includes his executive retirement payout, salary and other compensation. Stephen Markovich, MD, CEO of OhioHealth, was second on the list at more than $3 million.
After clawing itself out of closure several months ago, Greenwood Leflore Hospital once again faces that reality after being denied money from the county. The hospital, one of the largest in the Mississippi Delta that has drawn national attention for its struggles over the past year, was bled dry by the pandemic.
A home health provider is completely pulling its services out of Alabama at the end of September and plans to lay off nearly 800 employees soon after, blaming the state’s inaction to expand Medicaid.
In an attempt to chip away at their millions in debt, Madera Community Hospital’s leaders are trying to sell off a 35.58-acre parcel of land for more than half a million dollars.