Recent content from Christopher Snowbeck
The Minnetonka-based health care giant expects a profit of more than $24 billion next year on $400 billion in revenue.
U's interim president tells state task force it won't be seeking an appropriation for a new East Bank hospital in the coming legislative session.
The move comes weeks before a Dec. 31 deadline for either party to signal opposition to an auto-renewal of the U-Fairview affiliation after 2026.
No financial details were provided, but the health system says similar projects cost about $400 million.
Minnetonka-based health care giant says there's no merit to the new class action lawsuit, which claims the company is using artificial intelligence to override physician determinations.
Beyond rising labor expenses, one-third of hospitals surveyed said supply and service costs are growing by more than 10%.
Workers say staff chaplain layoffs are concentrated at University of Minnesota Medical Center. Fairview says "dozens" will continue meeting patient spiritual needs.
Nebraska insurance regulators reported thousands of problems with claims processing, including improper denials and late payments to medical providers.
Lisa Erickson had been chief financial officer at the health insurer, which has grown through an acquisition and expansion into new states.
Workers are being notified Thursday of cuts driven by financial challenges like those facing many hospitals and clinics.