Massachusetts Hospitals' Financial Health Unmonitored: State Auditor Reveals CHIA's Oversight
2025-01-03
The Boston Globe
A shocking report from the state auditor has exposed the Center for Health Information and Analysis' failure to monitor the financial health of Massachusetts hospitals. The independent state agency neglected to collect audited financial statements from 10 acute care hospitals, including eight owned by the now-bankrupt Steward Health Care. This lack of oversight raises concerns about the financial stability of the state's healthcare system, highlighting the need for improved healthcare management and financial transparency. Key issues include hospital finance and healthcare reform, which are crucial for ensuring the quality of patient care.
