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Posts tagged with "Arizona Hospitals"

Banner Health, Dignity Health & HonorHealth Hospitals Plus 3 VA Facilities & Mayo Clinic Earn 5 Star Quality Ratings From CMS Arizona News

Banner Health, Dignity Health & HonorHealth Hospitals Plus 3 VA Facilities & Mayo Clinic Earn 5 Star Quality Ratings From CMS

Dignity Health's East Valley hospitals, Arizona's Mercy Gilbert Medical Center and Arizona General Hospital in Mesa joined the 5-star lineup along with HonorHealth Scottsdale Thompson Peak and Banner Goldfield Medical Center in Apache Junction, the Mayo Clinic in Phoenix, and VA Medical Centers in Phoenix, Prescott and Tucson. Valleywise...
Arizona News

HonorHealth Nears Completion of $170M Deer Valley Modernization & Expansion Project

The project expands the hospital from 204 to 238 beds and adds a new four-story patient care pavilion, along with additional operating rooms and upgraded surgical and patient spaces. Final elements are expected to be completed later this year, with a full opening planned in 2026. The $170 million renovation and expansion at Deer...
2024 Arizona Hospital & Health Systems Data Edition Data Resources

2024 Arizona Hospital & Health Systems Data Edition

This data edition offers a critical snapshot of Arizona’s hospitals and health systems, providing key insights into financial performance, market footprints, and quality ratings that are shaping the future of care in the state. In this exclusive data edition, members of The Hertel Report will find comprehensive data on hospital...
Arizona News

Seven More Steward Health Care Hospitals Sold - New Interim Manager Approved for St. Luke's Behavioral Health Center

On October 25, U.S. Bankruptcy Court Judge Christopher Lopez approved the sale of seven more Steward hospitals to Nevada-based Healthcare Systems of America, an affiliate of Glendale, Calif.-based American Healthcare Systems. Days earlier, Lopez approved College Medical Center Phoenix as the interim manager of the recently closed 127-bed...
Arizona News

Steward Health Care Sells Physician Practice Network

Dallas-based Steward Health Care, one of the largest hospital systems to file for bankruptcy in the U.S., has sold its physician practice network, Stewardship Health. Steward has reached a $245 million agreement with Rural Healthcare Group, a portfolio company of private-equity firm Kinderhook Industries, to acquire Stewardship...
Steward Health Care Readies Hospitals for Auction - Arizona AG Investigates Arizona News

Steward Health Care Readies Hospitals for Auction - Arizona AG Investigates

In response to Steward Health Care’s bankruptcy filing in a Texas bankruptcy court on May 6, 2024, and news of its planned auction of four Arizona hospitals June 28, Attorney General Kris Mayes announced that she is opening an investigation into the circumstances leading up to Steward Health Care’s filing and is considering...
Steward Health Care Files for Bankruptcy - Seeks Buyers for Hospitals Across 8 States, Including Arizona Arizona News

Steward Health Care Files for Bankruptcy - Seeks Buyers for Hospitals Across 8 States, Including Arizona

America's largest private for-profit health system Steward Healthcare operates 31 hospitals across eight states including four in Arizona: Florence Hospital, Mountain Vista Medical Center (Mesa) St. Luke's Behavioral Health Center (Phoenix), and Tempe St. Luke's Hospital. The Dallas-based system said it would continue serving patients...
Arizona News

Exceptional Healthcare Purchase Land for New Micro Hospital in Eloy

The healthcare provider purchased 10 acres for $1.13 million and plans the new hospital at the Northeast corner of Interstate 10 and Sunshine Boulevard in Eloy. The facility will house eight inpatient rooms, an 11-room emergency department, and various medical services. Opening is expected near the end of 2024. Exceptional Healthcare...
Open

2023 Summer State of the State Conference SOLD OUT

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Arizona News

Acadia Healthcare Breaks Ground on 100-Bed Mesa Behavioral Health Facility

Agave Ridge Behavioral Hospital will be located on a 12-acre site at the corner of Ellsworth Road and Peterson Avenue in Mesa. The company is also expanding its Chandler hospital. Acadia Healthcare is the largest stand-alone behavioral healthcare company in the country with 23,000 employees along with a network of 250 behavioral...
Arizona News

REPORT: Arizona 340B Hospitals Sell Prescription Drugs to 700 Out of State Pharmacies

The ongoing 340B Drug Pricing Program debate continues as the Arizona-based Goldwater Institute weighs in this week with a study on the relationships 340B hospitals hold with out-of-state pharmacies. The conservative think tank opposed Medicaid expansion in Arizona when then-Governor Jan Brewer authorized it in 2014, but the new study...
2022 Hospital & Health Systems Data Edition Data Resources

2022 Hospital & Health Systems Data Edition

A snapshot of Arizona hospital-based health systems in Arizona including their size and scope, net profits, net margins, patient revenue, payor mix, quality ratings, partnerships, ACO affiliations, leadership lists, and more. Also included: the latest news on Rural Emergency Hospitals and the complicated financials of nonprofit...
Arizona News

Hospitals Expect to Finish Year in the Negative: Kaufman Hall + AZHHA & AHCCCS Reports on Hospital Profits

Hospitals are still struggling to overcome a dip in revenue, with the sector expected to end this year in the red. The alleged culprit of hospital struggles is staffing shortages, which in turn causes potential staff to request higher wages, coupled with lower patient volumes than during the pandemic. Although by early autumn it...
Arizona Bricks & Mortar

Abrazo & Banner Health Plan Hospitals in Buckeye & HonorHealth Wins Land Auction in Scottsdale for $84M

November was a busy month for Arizona health systems eager to expand their local market footprint. Abrazo says it will start its first phase of construction on its 27 acres with a medical office building this year and Banner is expecting to open its hospital adjacent to the existing Banner Health Center in 2024 - both projects are...
Arizona News

Banner Health Hospital News: Visitor Restrictions Due to Flu & RSV Increase

RSV, a seasonal respiratory virus common among young children, has arrived earlier than normal in Arizona with cases up more than 300% compared to a typical season. Effective November 14, the restrictions are designed to help ensure patient and team member safety. Joan Ivaska, senior director of infection prevention at Banner...
Arizona Bricks & Mortar

Arizona Hospital News: Banner Health Scottsdale & Banner MD Anderson Cancer Center Expansion, New HonorHealth Partnership & New Hospital in Bullhead City

Banner Health is reportedly in talks to purchase 40 to 50 acres at the Loop 101 and Hayden Road and its $19.25 million cancer center expansion on the Banner-University Medical Center Phoenix campus is now complete. Scottsdale competitor HonorHealth teamed up with Universal Health Services on the $39 million Via Linda Behavioral Hospital...
Arizona News

Nursing Homes Update: Backlogs, Vaccine Rates and Staff Shortages In Long-Term Care Threaten Hospital Funding

Amid widespread staffing shortages and rising Omicron cases, the nursing home industry faces an ongoing domino effect of issues. Recent data from major publications paints a clearer picture of the long-term care crisis. Vaccination Rates As soon as vaccines were made available, priority was given to healthcare workers and those...
Arizona News

11 Arizona Hospitals Hit With Medicare Payment Reductions: HAC Reporting Program

The Hospital-Acquired Condition (HAC) Reduction Program is a Medicare value-based purchasing program that reduces payments to hospitals based on how they perform on measures of hospital-acquired conditions. In Arizona, the list of penalized hospitals include some judged among the best in the country such as the CMS 5-star rated Mayo...
Data Resources

2021 Arizona Hospital & Health Systems Data Edition

This year we witnessed hospitals and healthcare providers struggle during the worst pandemic of our lifetimes. In this annual data edition, The Hertel Report covers the business behind Arizona hospitals and health systems. Within this 16-page edition, readers can find information including size and scope, market footprint, profits,...
COVID-19 Vaccine Update November 11, 2021 National News

COVID-19 Vaccine Update November 11, 2021

The COVID-19 vaccine has been approved for distribution in children as Pfizer now moves to request authorization from the Food and Drug Administration to recommend booster shots for all adults six months after vaccination. Meanwhile, the vaccine mandate has ruffled feathers of both big businesses and conservative leadership at the state...
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