Citing Cheshire Medical Center’s financial problems, the Dartmouth Health system has taken an administrative action related to the Keene hospital’s role in a system-level financial arrangement.
Vermont’s 14 hospitals have submitted their proposed budgets for next year. And Mike Del Trecco, the president and CEO of the Vermont Association of Hospitals and Health Systems, says there has never been a wider gap between what the state estimates the hospitals should be asking for, and what they say they need to survive in a post-pandemic landscape.
The South Texas Medical Center generated almost $12 billion in revenue in 2022, according to a new economic impact study, and supported more than 86,000 jobs that paid $5 billion in wages.
Adventist Health St. Helena, the Upvalley’s only hospital, is looking for a partner to improve its financial situation, promote its services and ensure its future. Dr. Steven Herber, president of the hospital, confirmed Monday that talks are underway with “several potential partners.”
Hospital operators in the Twin Cities say they're feeling the same stress from rising expenses that Allina Health System cited last week when announcing about 350 job cuts. But HealthPartners, Fairview Health Services and North Memorial don't have current plans for large layoffs, the health systems said in statements to the Star Tribune.
A Texas-based investment company has requested a court order to take over management of Mercy Hospital in Iowa City to prevent closing the facility over its ongoing financial problems.