Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
$255 Million In Grants Made Available for New York’s Water Infrastructure Upgrades
New York state is allocating $255 million in grants for the replacement of old septic systems and other water infrastructure projects, announced by Gov. Kathy Hochul. The funding is targeted to finance the upgrade of wastewater and sewer systems, reduction of water...
DATA: Cities Getting the Worst Sleep, Ranked
CivMetrics collects key public health data for the largest cities in the United States. We’re posting some of our insights here. In this installment, we look at the sleep habits of major cities. For questions about our data, or to request data, please contact...
Bargaining Leverage Increases Capital Investment at Non-Profit Hospitals
Bargaining leverage increases hospital capital investment, and the effect is particularly pronounced at non-profit hospitals, which invest their monopoly profits in additional capital, according to a recent analysis published in the Journal of Industrial Economics....
Why Liquidity Constraints Affect Capital Investments More at Non-Profit Hospitals: New Research
Liquidity constraints affect hospitals' capital investment, and these constraints are more pronounced at non-profit hospitals, according to a new paper. The authors analyzed ten years of financial data from California hospitals to examine how liquidity constraints...
Hospital M&A Transactions in Utah and New Jersey Scrapped After FTC’s Challenge
In the wake of an FTC lawsuit, RWJBarnabas Health announced that it will not proceed with its proposed deal to acquire Saint Peter’s Healthcare System. Subsequently, HCA Healthcare and Steward Health Care System scrapped their plan to acquire five Utah hospitals. As...
FTC Files Suit Against Non-Profit Hospital Merger
Several healthcare mergers were called off after the Federal Trade Commision filed an an anti-competition lawsuit to block the proposed deals between HCA Healthcare and Steward Healthcare System; RWJBarnabas Health and Saint Peter’s Healthcare System; and Hackensack...
Lutheran Health Network to Invest $30 Million in Kosciusko Hospital Expansion
Kosciusko Community Hospital will be renamed Lutheran Kosciusko Hospital following a $30 million investment, involving expansion and renovation projects, from the Lutheran Health Network. Becker's Hospital Review reports: The new project will add an additional 13,600...
In Washington State, Democrats Propose Blocking Hospital Mergers That Would Limit Abortion Services
A bill, proposed by Democratic senators in Washington state, seeks to halt mergers involving hospitals which are religiously affiliated if the deals would limit access to abortion care. When Tacoma-based CHI Franciscan merged with Virginia Mason Swedish Medical...
Running the Numbers: Biden Admin Mulls Reviving “Gainful Employment” Rule Tying Federal Funding to Graduate Earnings
The Biden administration is considering reviving an Obama-era "gainful employment" rule which would tie federal higher education grants and funding to graduates' earnings. A new analysis shows that the rule would cut off access to federal grants and loans for 49...
Performance-Based Funding is Growing, and Metrics of Success Are Changing: New Research
Performance-based funding of public universities and colleges has expanded drastically in recent years, but studying this trend has been hampered by lack of data: which states have implemented PBF policies; what metrics do they use to determine success; how much...
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