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Hospital Cash Flow, Margins to Surge in 2024: Moody’s
Moody's revised the outlook for the nonprofit healthcare sector to stable from negative, citing slower expense growth.
MedExpress Shutters 7 Clinics in FL, MN
MedExpress currently operates 142 clinics total, including 21 in Florida and two in Minnesota.
Flagstaff, AZ Voters Reject New $800M Hospital Plan
The most controversial issue on Tuesday’s ballot in Arizona was whether a new hospital in Flagstaff should be approved.
Black Opal Ventures Raises $58M Fund for Healthcare Investments
BOV believes this capital infusion will empower innovative early-stage companies at the intersection of healthcare and technology, heralding a new era of transformation in the healthcare industry.
On Shaky Ground, PE Taking No Risks in Healthcare Services
Lenders have been stingier on financing, and few PE firms are willing to make big bets.
AHA Says 3.1% Medicare Hospital Outpatient Payment Increase ‘Inadequate’
The AHA is urging Congress for additional support by the end of the year.
Ransomware Gang 8Base Attacks US Healthcare Sector
Active since March 2022, 8Base became highly active in the summer of 2023, focusing their indiscriminate targeting on multiple sectors primarily across the United States.
Minnesota Bans Hospitals From Collecting Debts Before Screening for Charity Care
The law states that hospitals must determine whether a patient can receive charity care after completion of the screening process. Additionally, hospitals cannot offer loans or repayment plans to patients until they put them through the charity care screening process.
New Jersey Officials Sound Alarm on Hospital’s Finances
The New Jersey Department of Health has warned lawmakers that CarePoint Health's Hoboken University Medical Center has been operating at a loss this year and has less than a month of cash on hand.
Lyda Hill Philanthropies Makes $5.25M Gift to American Cancer Society VC Arm
The gift, the largest to date for BrightEdge, will allow for the funding of translational research grants and early-stage equity investments in emerging oncology startup companies.