Hazel Hawkins Memorial Hospital will decide whether or not to file a Chapter 9 bankruptcy case at the next San Benito Health Care District board meeting on May 22, at 5 PM.
The 'A+' rating reflects the system's strong financial profile assessment with leverage and balance sheet liquidity metrics that support rating stability over the outlook horizon, as evidenced by Fitch's scenario analysis. While the financial profile assessment suggests a higher rating category, it is Fitch's opinion that the rating is appropriate within the 'A' rating category given the system's current capital projects and level of operational performance.
In a first-of-its-kind ruling, Mount Sinai Hospital has been ordered to pay nurses a $127,000 penalty after an arbitrator faulted it for a "persistent pattern" of understaffing its neonatal intensive care unit.
The White House and Congress have yet to come to an agreement about raising the U.S. debt limit. The U.S. could be unable to pay its bills and default on its debt as soon as June 1, Treasury Secretary Janet Yellen has warned. The federal government hit its $31.4 trillion debt limit in January.
Hospitals in North Carolina’s largest counties could be shut down if they fail to meet a savings target set by state lawmakers for cutting costs to the State Health Plan, under the budget proposal Senate Republicans unveiled Monday.