Nonprofit hospitals’ liquidity supports the ability to repay CARES Act loans, says Fitch

Repayment of loans offered below the Coronavirus Support, Relief and Financial Stability Act by the Facilities for Medicare and Medicaid Providers, is anticipated to start off quickly. This has been a resource of strain for some hospitals, but for nonprofits, you can find great information: This will not materially have […]

California AG conditionally approves $350M sale of nonprofit to Prime Healthcare

California Legal professional General Xavier Becerra has conditionally accepted Verity Health’s software to transfer ownership of St. Francis Professional medical Heart to Prime Healthcare. The Legal professional General’s conclusion follows an previously conclusion by the U.S. Bankruptcy Courtroom of the Central District of California granting Verity’s ask for to reject […]