Health Industry

Latest California Healthline Stories

Despite Covid, Many Wealthy Hospitals Had a Banner Year With Federal Bailout

As the crisis crushed smaller providers, some of the nation’s richest health systems thrived, reporting hundreds of millions of dollars in surpluses after accepting huge grants for pandemic relief. But poorer hospitals — many serving rural and minority populations — got a smaller slice of the pie and limped through the year with deficits and a bleak fiscal future.

Blue Shield Spent Years Cultivating a Relationship with Newsom. It Got the State Vaccine Contract.

Insurance giant Blue Shield of California has made millions in charitable and political donations to Gov. Gavin Newsom over nearly two decades, largely to his dearly held homeless initiatives. In turn, Newsom has rewarded the insurer with a $15 million no-bid contract to lead the state’s covid vaccination distribution.