The Departments of Labor, HHS, and the Treasury on Thursday released several new guidance documents and requests for information on price transparency, following the February executive order on the same subject. As part of this package, CMS released new guidance on calculating the estimated allowed amount values in the hospital machine-readable files.
The timeline for closing the Hiram W. Davis Medical Center by 2027 in Dinwiddie County has been made public, and its plans call for eventual moves of patients to either public or private facilities and an employee-relocation process the state hopes will limit layoffs. A final process for shuttering the 50-year-old 150-bed facility on the campus of Central State Hospital still must be approved by the General Assembly and governor next winter.
Democratic lawmakers have narrowed the scope of a proposed crackdown on hospital M&As, focusing it on private equity and excluding nonprofit operators from additional oversight after pushback from the industry's powerful lobby.
Pennsylvania officials are rallying together to ensure that private companies like California-based parent company Prospect Medical Holdings cannot devastate another hospital or community like it did with Crozer. Gov. Josh Shapiro demanded that a pair of bills safeguarding Pennsylvania's hospitals against unchecked corporations make it to his desk this legislative session.
The closing of Crozer Health has highlighted a disturbing statewide trend of healthcare system acquisitions. At least 26 hospitals owned by nonprofits and for-profits have closed in Pennsylvania in the past five years, and 46 have changed owners.
CLEVELAND, Texas – A hospital in Cleveland has closed its doors. Texas Emergency Hospital put a sign on its door Monday. There is not a lot of information about the closure, but former employees say they are distraught about the closure. The hospital told employees the closure was due to rising operational costs and changes in reimbursement from payers and the unexpected decrease in the hospitals Medicaid interim rate.