Tag Archives: Hospitals

California Attorney General And Santa Clara County Face Off Over Sale Of Two Hospitals

Use Our Content This story can be republished for free (details). When U.S. Sen. Kamala Harris approved the sale of six nonprofit California hospitals in 2015 as the state attorney general, she imposed strict conditions on the new corporate owners, requiring them to continue to provide critical health services to area residents. Now her successor,… Read More »

Cleveland Clinic rebrands newly acquired Florida hospitals, broadens footprint in Sunshine State

Cleveland Clinic has now officially rebranded four hospitals whose acquisition deals recently closed. Indian River Medical Center and Martin Health System leaders met with Cleveland Clinic officials Thursday and they also gathered with caregivers to share their vision for the newly integrated hospitals. THE IMPACT Both acquisitions will broaden Cleveland Clinic’s Florida footprint, as Martin… Read More »

Don't count on stock market to keep hospitals afloat, report warns

Dive Brief: Hospitals shouldn’t rely on the stock market to buoy balance sheets and should find ways to provide care more cost-efficiently before the next economic downturn, a new Juniper Advisory analysis warns. The investment banking firm reviewed audits from 90 independent hospitals in California, Florida, Illinois, Indiana, Iowa, Minnesota, Ohio, Texas and Wisconsin. The average… Read More »