Hospitals brace for more patients who can’t pay, Moody’s says
The government boosted Medicaid reimbursements by 6.2% during the pandemic, but those additional payments phase out this year. That's bad news for hospitals and patients.
Hospitals must provide abortions when needed post-Roe, HHS says
The U.S. Department of Health and Human Services says its law requiring emergency medical treatment takes priority over state restrictions prohibiting abortions.
U.S. nursing homes face closure risks from staffing shortages
Almost three quarters of nursing homes say they're at risk of closing due to staff shortages, with more than half operating at a loss, according...
COVID boosts U.S. hospitals’ labor costs, even after cases decline
The pandemic upset the U.S. economy in many ways, but health care was subject to some of the biggest shocks. Labor costs per hospital patient...
Authentic Brands and Simon to buy outdoor merchant Eddie Bauer
The largest U.S. mall operator is teaming with Authentic Brands to buy Eddie Bauer, a storied name in outdoor clothing and gear. The retailer was...
Nordstrom’s brush with junk proved a turning point
Nordstrom, the Seattle-based retailer, is beginning to dig out of a hole that pushed one of its credit ratings into junk and threatened to snowball...
Judge to approve Forever 21 sale that ends founders’ control
Ahead of the bankruptcy, the founders' insistence on maintaining control had spooked potential buyers and lenders.
Pier 1 to shut more stores, cut debt in expanded turnaround
The company expects to announce the new round of shutdowns when it reports results for its third fiscal quarter next week, according to people with...
Forever 21 is exploring restructuring options
 is in talks with potential lenders and restructuring advisers as it explores options for turning around its ailing business, according to people familiar with the...