Main Line Health Financial News

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Main Line Health had an operating loss of $28 million over the …

(6 days ago) WebPublished Nov. 3, 2023, 12:46 p.m. ET. Main Health Health reported an operating loss of $28 million over the summer, a financial improvement on its $41 million loss in the same …

https://www.inquirer.com/health/main-line-health-financial-operating-loss-first-quarter-2024-20231103.html

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News – Riddle Hospital Receives $6 Million Grant

(7 days ago) WebRiddle Hospital, part of Main Line Health, recently received a major $6 million Redevelopment Assistance Capital Program (RACP) grant that will be used to renovate and expand the facility’s Emergency …

https://www.mainlinehealth.org/news/2023/01/19/riddle-hospital-receives-6-million-grant

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Main Line Health swings to $42M profit in fiscal 2021

(9 days ago) WebMain Line Health received CARES Act funding of $78.7 million in fiscal 2021, up from $51.8 million in fiscal 2020. The system's net revenue climbed 11.5% to …

https://www.bizjournals.com/philadelphia/news/2021/10/14/main-line-health-covid-19-profit-loss-hospitals.html

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Main Line Health hires Leigh Ehrlich as new executive vice …

(2 days ago) WebLOWER MERION — Main Line Health announced the hiring of Leigh Ehrlich, a leader with a long and distinguished track record in health care finance, as its …

https://www.mainlinemedianews.com/2023/09/28/main-line-health-hires-leigh-ehrlich-as-new-executive-vice-president-and-cfo/

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Fitch affirms Main Line Health System's (PA) 'AA' rating

(7 days ago) WebGiven Main Line's strong financial profile, Fitch believes it has sufficient cushion to absorb their current capital projects. The most significant project is the …

https://www.fitchratings.com/research/us-public-finance/fitch-affirms-main-line-health-system-pa-aa-rating-17-12-2021

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'We are in a crisis': Main Line anticipates 2nd - Healthcare News

(1 days ago) WebPrint. Email. Radnor Township, Pa.-based Main Line Health is anticipating its second consecutive $100 million annual loss as Philadelphia-area hospitals and …

https://www.beckershospitalreview.com/finance/we-are-in-a-crisis-main-line-anticipates-2nd-straight-100m-annual-loss.html

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Cash-strapped Main Line Health reports $114.4M operating loss

(Just Now) WebEmail. Struggling Radnor Township, Pa.-based Main Line Health reported an operating loss of $114.4 million for the nine-month period ending March 31. The loss …

https://www.beckershospitalreview.com/finance/cash-strapped-main-line-health-reports-114-4m-operating-loss-extending-declines.html

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Fitch Downgrades Main Line Health System's (PA) IDR to - Fitch …

(5 days ago) WebThe downgrade of Main Line Health reflects significant operating losses in fiscal 2022 (YE June 30), in combination with balance sheet metrics that have moderated …

https://www.fitchratings.com/research/us-public-finance/fitch-downgrades-main-line-health-system-pa-idr-to-aa-outlook-stable-10-11-2022

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Main Line Health System and Affiliates - Electronic Municipal …

(5 days ago) WebMain Line Health System and Affiliates Consolidated Statements of Cash Flows For the years ended June 30, 2022 and 2021 (in thousands) The accompanying notes are an …

https://emma.msrb.org/P21619447-P21247636-P21672202.pdf

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Main Line Health Appendix A - FY 2023 3rd Quarter YTD …

(6 days ago) WebThe Main Line Health System & Affiliates financial results for YTD March 2023 include $8.1 million in funding from the Federal Emergency Management Agency (FEMA) …

https://emma.msrb.org/P21708306-P21313697-.pdf

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Strategic Plan 2022-2026 About Us Main Line Health

(1 days ago) WebStrategic Plan 2022-2026. The Main Line Health Strategic Plan 2022-2026 is our roadmap to further our efforts in providing the best experience for our staff and patients and to …

https://www.mainlinehealth.org/about/strategic-plan-2022-2026

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Main Line Health System and Affiliates - Electronic Municipal …

(5 days ago) WebIn our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Main Line Health System and Affiliates as of …

https://emma.msrb.org/P31523270.pdf

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News & Updates Main Line Health

(5 days ago) WebPlease adjust your selections and try again. Call us at 1.866.CALL.MLH (1.866.225.5654) Find the latest news about and from Main Line Health, including updates about our …

https://www.mainlinehealth.org/news

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Main Line Health’s four acute care hospitals earn an A for patient

(4 days ago) WebPUBLISHED: May 8, 2024 at 5:20 a.m. UPDATED: May 13, 2024 at 1:23 p.m. LOWER MERION — All four Main Line Health acute care hospitals once again earned a Hospital …

https://www.mainlinemedianews.com/2024/05/08/main-line-healths-four-acute-care-hospitals-earn-an-a-for-patient-safety-from-leapfrog-2/

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Main Line Health back in the red as Covid-19 cost struggles continue

(1 days ago) WebMain Line Health's expenses, however, climbed 9.8% to $1.04 billion from $946 million during the same time period in 2020. Lynch said supply costs continue to …

https://www.bizjournals.com/philadelphia/news/2022/02/10/main-line-health-covid-19-deficit-lynch-hospitals.html

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Hospitals Face Financial Pressures as Costs of Caring Continue to …

(Just Now) WebHospitals’ labor costs, which on average account for 60% of a hospital’s budget, increased by more than $42.5 billion between 2021 and 2023. Economy-wide …

https://www.aha.org/news/perspective/2024-05-10-hospitals-face-financial-pressures-costs-caring-continue-surge

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State to allocate $15M (to make 31 municipalities eligible) for …

(9 days ago) WebBy. ROI-NJ Staff. -. May 17, 2024. Gov. Phil Murphy announced Thursday that the New Jersey Economic Development Authority will allocate an additional $15 …

https://www.roi-nj.com/2024/05/17/finance/state-to-allocate-15m-to-make-31-municipalities-eligible-for-phase-ii-of-a-r-t-program/

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2021 Year in Review at Main Line Health

(5 days ago) WebIn 2021 we: Delivered more than 7,800 babies at Main Line Health hospitals. Had nearly a million patient visits. Delivered telemedicine (virtual health care visits) to …

https://www.mainlinehealth.org/blog/2021-year-in-review-at-main-line-health

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New Jersey Branch Locations - OneMain Financial

(4 days ago) WebOneMain Financial Group, LLC (NMLS# 1339418) – CA: Loans made or arranged pursuant to Department of Financial Protection and Innovation California Finance Lenders …

https://www.onemainfinancial.com/branches/NJ

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CarePoint Health Financial Crisis and State's Disaster Plan

(5 days ago) WebKey Takeaways. CarePoint Health faces significant financial distress, necessitating $130M in state funding to continue optimal operations. The New Jersey …

https://hudsonreporter.com/hoboken-news/carepoint-healths-financial-distress-and-disaster-plan/

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ONEMAIN FINANCIAL - 2229 Kennedy Blvd, North …

(5 days ago) WebSpecialties: OneMain Financial has been a trusted personal loan lender for more than 100 years and is proud to have served millions of customers …

https://www.yelp.com/biz/onemain-financial-north-bergen

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News – Main Line Health earns ‘LGBTQ+ Healthcare Equality …

(2 days ago) WebMain Line Health is the recipient of numerous awards for quality care and service, including the prestigious American Hospital Association Quest for Quality Prize, …

https://www.mainlinehealth.org/news/2024/05/09/main-line-health-earns-lgbtq-healthcare-equality-leader

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