Although the hospital sector has gained traction in recovering from the pandemic, smaller not-for-profit hospitals continue to struggle. With that in mind, California lawmakers took action by approving a zero-interest loan program in May to serve not-for-profit hospitals and public hospitals in significant financial distress. The two agencies charged with running the loan program announced
Bitcoin (BTC) price action suggests that the asset remains in a precarious position and a recent report from ARK Invest said that short-term Bitcoin investors had no choice but to capitulate in August as the percentage of Bitcoin supply in profit fell by 14 percentage points.  Bitcoin market sentiment and monthly valuation change in August.
A bankrupt, bond-financed Texas hospital that opened for business in November 2021 will obtain $2.7 million for operating and other expenses under a federal judge’s interim order issued late last week. Sunland Medical Foundation, the nonprofit parent organization of Trinity Regional Hospital Sachse, is also seeking additional debtor-in-possession financing in an aggregate amount of up
California Attorney General Rob Bonta conditionally approved the $35.6 million sale of three northern California skilled nursing facilities owned by Eskaton. Eskaton, a Carmichael, California-based not-for-profit senior healthcare provider formed in 1968, had $102.8 million in revenue bonds and notes at the end of fiscal year 2022, according to combined audited financial statements for the
Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Lynne Funk (00:03):Hello everyone, and welcome to another Bond Buyer podcast. I’m Lynne Funk, executive editor at The Bond Buyer. I’m excited to welcome Ruth Ducret, Senior Research Analyst at Breckinridge. Ruth has more than 19 years of experience in the
People celebrate the GitLab initial public offering at the Nasdaq, Oct. 14, 2021. Source: Nasdaq Check out the companies making headlines in after-hours trading. Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share
Kentucky is gearing up for the start of sports betting at retail locations on Thursday. “Excitement for sports wagering is building as we are just one week away from opening retail locations and one month from opening mobile applications for sports wagering,” said Gov. Andy Beshear said in a statement last week. Kentucky Senate Majority
Apple and Microsoft, the most valuable companies in the US, have argued some of their flagship services are insufficiently popular to be designated “gatekeepers” under landmark new EU legislation designed to curb the power of Big Tech. Brussels’ battle with Apple over its iMessage chat app and Microsoft’s search engine Bing comes ahead of Wednesday’s