Another Western New York hospital is scaling back its total bed count. Wyoming County Community Hospital in Warsaw filed plans with the State Department of Health to take nearly half of its 62 beds off its operating certificate, in order to meet federal requirements as a Medicare critical access hospital.
MU Health Care’s finances are on track to hit operating margin targets and are outpacing many university health system peers, according to a presentation given to the Board of Curators’ Health Affairs Committee on Thursday.
Health First Inc. says it is eliminating 17 staff positions in one of its departments and not filling 36 open positions within the company in response to financial losses during the past two years.
In an email to the health care company's staff, Paula Just, Health First's chief experience officer, wrote that "after very careful consideration," in addition to eliminating some open and vacant positions, "we made the difficult decision to eliminate 17 positions within corporate support services."
First National Bank of Mount Dora Trust Investment Services purchased a new stake in HCA Healthcare, Inc. in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,178 shares of the company's stock, valued at approximately $1,365,000.
Olympic Medical Center is facing a financial crisis in which it has already lost $7.9 million through the first four months of 2023 compared to operating losses of $16.1 million in 2022 at the height of the COVID-19 pandemic, CEO Darryl Wolfe told 11 community and healthcare leaders.
The hospital had previously purchased the necessary equipment and contracted staff, who worked more than 20,000 hours combined between March 2020 and June 2022.