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November 13, 2017

Around the nation: Michigan nurses buy, forgive over $1M in medical debt

Daily Briefing

    Nurses at Sparrow Hospital in Michigan, supported by the Michigan Nurses Association and in partnership with RIP Medical Debt, announced that they had acquired and forgiven over $1 million in medical debt, in today's bite-sized hospital and health industry news from California, Michigan, and South Dakota.

    • California: Scripps Health has announced plans to invest about $2.6 billion in hospital building projects across its campuses in San Diego County. According to Healthcare Finance News' Jeff Lagasse, the project is the largest building program the health system has undertaken over the course of its 125-year history. The project will include updating current buildings and constructing new hospital towers, with a focus on flexible space designs, state-of-the-art patient rooms, and technology updates. Scripps Health plans to fund the project via a combination of operating revenue, philanthropy, and loans (Lagasse, Healthcare Finance News, 11/9).

    • Michigan: Nurses at Sparrow Hospital, with support from the Michigan Nurses Association (MNA) and in partnership with RIP Medical Debt, announced that they had raised $10,000 to acquire and forgive more than $1 million in medical debt. According to Jeff Breslin, nurse and president of the Professional Employee Council of Sparrow Hospital/MNA, the effort has aided 500 Michigan families (Greene, Crain's Detroit Business, 11/9).

    • South Dakota: Sanford Health has established the Lorraine Cross Award, an annual award of $1 million for medical innovations. A panel will begin accepting nominations for the award on Jan. 1, with the first round of winners announced in December 2018. Kelby Krabbenhoft, CEO of Sanford, said he hopes that the prize will inspire more innovative medical discoveries (Vartorella, Becker's Hospital Review, 11/9).

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