Literature Review
All posts tagged with “Post-Acute Care News | Hospital News.”
Trinity slims operating loss to $58.6M in FY Q1
12/04/23 at 04:00 AMTrinity slims operating loss to $58.6M in FY Q1Becker’s Hospital CFO ReportDecember 1, 2023Livonia, Mich.-based Trinity Health reported an operating loss of $58.6 million (-1% margin) in the first quarter of the fiscal year—the three months ended Sept. 30—compared to a $146.3 million loss (-2.9% margin) during the same period in 2022. For the fiscal first quarter, operating revenue increased 12.4% year over year to $5.6 billion.
Medical City Healthcare buys Wise Health System, increasing D-FW footprint
12/03/23 at 04:00 AMMedical City Healthcare buys Wise Health System, increasing D-FW footprintDallas Morning NewsDecember 1, 2023Dallas-based Medical City Healthcare has again expanded in North Texas with the purchase of Wise Health System, bringing the health system giant to 19 in-patient hospitals. Medical City, a division of HCA Healthcare in Nashville, announced the acquisition Friday, nearly a year after word surfaced of discussions with the Decatur, Texas-based hospital system.
‘Plain old greed’—HCA nurses rally to denounce understaffing, unsafe conditions at hospitals
12/03/23 at 04:00 AM‘Plain old greed’—HCA nurses rally to denounce understaffing, unsafe conditions at hospitalsFlorida PhoenixNovember 30, 2023Judy Preuss, an ICU nurse at HCA Florida Oak Hill Hospital, joined the National Nurses Organizing Committee 13 years ago for the same reason she rallied Thursday afternoon in Tampa with colleagues from other parts of the country: Bargaining to fix understaffing. Oak Hill Hospital, where Preuss has worked for 18 years, is one of HCA Healthcare’s 46 hospitals in Florida. The nurses from the union representing 10,000 registered nurses across the U.S. held a rally at the HCA West Florida Division Office in Tampa.
Northwell’s operating income drops $104M in Q3
12/03/23 at 04:00 AMNorthwell’s operating income drops $104M in Q3Becker’s Hospital CFO ReportNovember 30, 2023New Hyde Park, N.Y.-based Northwell Health reported a $103.9 million drop in operating income in the third quarter, from a $92.4 million gain in the third quarter of 2022 to an $11.6 million loss in the third quarter of this year, according to financial documents published Nov. 29. Revenue increased 5.8% year over year to $4.1 billion while expenses increased 8.6% to $4.2 billion.
Community Health Systems sells three Florida hospitals for $294M
12/03/23 at 04:00 AMCommunity Health Systems sells three Florida hospitals for $294MModern HealthcareDecember 1, 2023Community Health Systems sold three Florida hospitals to Tampa General Hospital in a $294 million cash deal that closed Friday, the for-profit health system announced. The transaction involves the 120-bed Bravera Health Brooksville in Brooksville, the 128-bed Bravera Health Seven Rivers in Crystal River and the 124-bed Bravera Health Spring Hill in Spring Hill, in addition to clinics and outpatient services.
CT presents draft settlement in YNHH-Prospect hospitals sale
12/02/23 at 04:00 AMCT presents draft settlement in YNHH-Prospect hospitals sale
Dartmouth Health says it will not conduct more layoffs
12/02/23 at 04:00 AMDartmouth Health says it will not conduct more layoffs
Cleveland Clinic cuts operating loss to $14.9M in Q3
12/02/23 at 04:00 AMCleveland Clinic cuts operating loss to $14.9M in Q3
Providence posts $310M operating loss in Q3
12/02/23 at 04:00 AMProvidence posts $310M operating loss in Q3
HCA to buy bankrupt Texas hospital
12/02/23 at 04:00 AMHCA to buy bankrupt Texas hospital
Hospital margins hold steady in October
12/01/23 at 04:00 AMHospital margins hold steady in October
Nurses weigh in on proposed Tenet lease for Desert Regional; special meeting date set
12/01/23 at 04:00 AMNurses weigh in on proposed Tenet lease for Desert Regional; special meeting date set
Losses continue at struggling Independence Health System
12/01/23 at 04:00 AMLosses continue at struggling Independence Health System