There are 55 nonprofit hospitals in Massachusetts. Those hospitals receive tax benefits totaling more than $1.9 billion a year. In exchange for the tax breaks, the hospitals are required to provide financial assistance to patients who need it and give free care to the poor. But, some patients said they are in debt because they didn't get the help they were entitled to.
Federal officials are circulating a draft budget proposal that would make dramatic additional cuts to federal health programs and serve as a roadmap for more mass firings. Though it's preliminary, the document gives an indication of the Trump administration’s priorities as it prepares its 2026 fiscal year budget proposal to Congress. The document indicates plans to deepen job and funding reductions across much of the federal government.
States facing budgetary pressures have few good options to keep millions of people from losing health coverage if Congress lets federal funding for Obamacare expire at the end of the year. That isn't stopping health officials from trying. California, Colorado, Maryland, Washington and others are all scrambling to avoid a fiscal cliff that could sharply increase healthcare costs for their residents.
The deal to save the Crozer Health system in Delaware County, Pennsylvania, is on the brink of collapse. An attorney for Prospect Medical Holdings, which owns Taylor Hospital and Crozer-Chester Medical Center, told the judge on Tuesday an additional $9 million is needed by 4 p.m. Wednesday to keep the hospitals open, or Prospect attorneys said they'll pursue a closure motion with the court for an orderly closure. At this point, if that money does not come through, a Prospect attorney told the judge the hospitals would go on diversion starting Thursday morning.
CVS Health Corp.'s CFO plans to leave his post as new Chief Executive Officer David Joyner charts a path forward for the healthcare conglomerate. Thomas Cowhey, the current CFO, will leave the position, according to people familiar with the situation. The timing of his departure is unclear. A spokesperson for CVS declined to comment.
Citing declining patient volume and reimbursement for care from commercial insurers, Heritage Valley Health System is closing its Kennedy Township hospital June 30. Among the services that will end is emergency room care, inpatient behavioral health, outpatient surgery, diagnostic imaging and lung rehabilitation. The services will be moved to the system’s other two hospitals, with Heritage Valley Sewickley being the closest at just 8 miles from the Kennedy campus. Outpatient cardiac rehabilitation services will be moved to the system's Robinson Township Medical Neighborhood building while HVHS explores partnerships that would continue the inpatient behavioral health care that is provided at the Kennedy campus, according to the health system. Negotiations with Birmingham, Ala.-based for-profit Encompass Health's 12-bed inpatient rehabilitation unit at the Kennedy hospital were continuing.