Healthcare Industry
Moody’s: NJ hospitals face credit pressure from M&A, reduced subsidies
From Becker’s Hospital CFO Increased competition and lower state subsidies for charity care are putting pressure on nonprofit hospitals in New Jersey, according to a recent report from Moody’s Investors Service. Increased healthcare consolidation has impacted hospitals across the nation, and
The Future of Health Care Mergers Under Trump
The proposed health insurance mega-merger between Anthem and Cignaheads to court on Monday, as the companies face off against a Justice Department seeking to block their $48 billion deal.
More Patients Feel Pain of Surprise Billing Even After Going ‘In-Network’
Lawmakers want to curb the costly, escalating practice, but doctors and hospitals vehemently oppose Trenton’s solution
N.J. hospital merger frenzy continues: JFK Medical Center with Hackensack Meridian
One of the largest and fasting growing hospital networks in New Jersey, Hackensack Meridian Health, has reached an agreement to acquire JFK Medical Center in Edison.
Allina nurses end strike, pledge to keep up fight for patient care, workplace safety
Allina nurses voted yesterday to ratify a three-year contract and end their historic strike at five Twin Cities facilities, but their fight for workplace safety, adequate staffing and respect on the job isn’t over.
HPAE Supports “Out of Network” Legislation to Stop “Surprise” Medical Bills
HPAE participated in a press conference today with consumer, business, and other labor unions to call on New Jersey legislators to post and pass the proposed Out-of-Network bill (A1592). HPAE Public Policy Director Bridget Devane stated that “our members care
Allina, Nurses Brace for Prolonged Strike
Allina Health and the union for its 4,800 Twin Cities nurses detailed separate plans Sunday for taking care of patients during what could be a prolonged and painful nursing strike...
Labor, Business, and Consumer Groups Call On NJ Legislative Leaders To Pass The Out-of-Network Consumer Protection Bill
Press Release Issued by NJ for Healthcare A letter signed by 34 groups, including major health care consumer groups, unions and employers who provide coverage for their members and employees, was sent today to Assembly Speaker Vincent Prieto and Senate