MercyOne North Iowa announced it will be closing its Hospice Care facility in April. The facility located at 232 Second St. SE in Mason City, will close April 17. A statement released by MercyOne North Iowa says that labor shortages, inflation costs and the COVD-19 pandemic as being some of the reasons for the facility closure.
NVRH received $1 million in an Emergency Rural Health Care Grant and $16.5 million in a Community Facilities loan. Copley Hospital received $1 million in an Emergency Rural Health Care Grant and $9.9 million in a Community Facilities loan.
SUNY’s three public teaching hospitals, SUNY Downstate Health Sciences University, Upstate Medical University and Stony Brook University Hospital are on the brink of a financial crisis. NYSUT and United University Professions are calling on Gov. Kathy Hochul and lawmakers to allocate $175 million to restore them to fiscal health.
The fight over the budget is intertwined with the lieutenant governor's push for a bill that could allow a new hospital to be built in his home county, in a move that could financially benefit his family if it's built on land his father owns.
If you want to know what happens after a private equity firm plunders one of its hospital acquisitions, visit Delaware County in southeast Pennsylvania. Earlier this month, Crozer Health laid off 215 workers, or 4% of the workforce, at its four hospitals in the suburban Philadelphia county amid reports it is late paying its bills, including rent on its hospitals.
Hutchinson Regional Healthcare System (HRHS) announces the appointment of David Meador as the new interim chief financial officer while the hospital conducts a national search for a new CFO.