Regulators voted Wednesday not to change their expectations for the revenue side of the states’ hospital budgets for fiscal year 2024, despite sustained and ongoing cost increases that led to big reported operating losses in 2022.
Cambridge Health Alliance is laying off 69 people, reducing the hours of another 15 employees, and eliminating 170 open positions due to post-pandemic financial pressures.
CommonSpirit and Siemens said the acquisition is aimed at providing “sustainable options” and supporting growing demand among hospitals, health systems and other care sites for multi-vendor parts and services.