Massachusetts hospitals that serve disproportionate numbers of patients on Medicaid or who lack health insurance are pressing to block or delay nearly $630 million in federal funding cuts that were originally enacted in 2010 as part of the Affordable Care Act.
Fairview Health Services saw its operating loss narrow in the second quarter as the health system saw stronger revenue growth and spent less on highly paid "traveling" nurses to fill staffing gaps.
The University of Arkansas for Medical Sciences confirmed Wednesday that it had an operating loss of $30 million for its 2023 fiscal year, from July 1, 2022, until May 31, 2023, and that it was laying off 51 positions effective Sept. 7.
The Board of Regents unanimously approved Tuesday a University of Iowa request to buy most of Iowa City-based Mercy Hospital’s assets for $20 million — without asking questions about the deal’s finances, including how the price was determined, where the money will come from and what will happen with the $63 million Mercy owes on publicly-issued bonds.