Harold Brubaker
Business and Economy Reporter at The Philadelphia Inquirer
I cover the business side of health care and many other topics for The Philadelphia Inquirer.
Articles
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3 weeks ago |
inquirer.com | Harold Brubaker
Bayada Home Health Care, one of the nation’s biggest home care providers, cut about 100 jobs, or about 10% of the staff at its Pennsauken headquarters, the nonprofit organization said Friday. The organization employs 32,000 people nationwide. No front-line workers in home care, hospice, pediatric home nursing, or other divisions lost their jobs, Bayada said. Local administrators also were not impacted.
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3 weeks ago |
inquirer.com | Harold Brubaker
The owner of Philadelphia’s Cheltenham Nursing & Rehabilitation Center agreed to pay $3.61 million to settle a federal False Claims Act lawsuit sayingstaff neglected patients for years and allowed them to live in a pest-infested building, the U.S. Department of Justice said this week. The civil lawsuit filed in Philadelphia in 2022 said that Cheltenham’s owner, Ohio-based American Health Foundation, collected millions in management fees from the facility at 600 W. Cheltenham Ave.
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3 weeks ago |
inquirer.com | Harold Brubaker
The Philadelphia region’s smallest health systems had the biggest operating losses in the nine months that ended March 31, according to an Inquirer review of the systems’ latest financial statements to bond investors. Two of those three small systems, Grand View Health and Doylestown Health, have either been acquired by a larger systemor have a pending deal for such anacquisition. The third, Redeemer Health, sought a partner three years ago, but has not secured a deal.
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3 weeks ago |
inquirer.com | Harold Brubaker
Vivodyne, a Penn spinout that createshuman tissue to replace animal testing in drug development, has raised $40 million in a second round of venture capital investment. The company headquartered in Philadelphia’s Curtis building in Center City aimsto speed updrug discovery and development, while eliminating the financial risk involved intesting treatments in mice that oftendon’t work in humans.
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4 weeks ago |
inquirer.com | Harold Brubaker
Overturning a lower court’s decision, the Pa. Supreme Court ruled Friday in a closely-watched case that Pottstown Hospital qualified for aproperty tax exemption as a nonprofit, despite linking executive bonuses to profits. The central question in the case: To what extent can nonprofit hospitals like Pottstown reward executives for profits and stillbe entitled to local property tax exemptions?
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Pottstown Hospital should get property tax exemption, Pa. Supreme Court says https://t.co/LvRfitiX9G via @phillyinquirer
Cardiology Consultants of Philadelphia, Penn Medicine, others partner in King of Prussia surgery center https://t.co/ybzlW6DAB4 via @phillyinquirer
Shuttered Hahnemann University Hospital properties get $16.25 million bankruptcy bid https://t.co/t5GEMhHgNo via @phillyinquirer