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Hospital sector prospects dim for 2023 as labor pressures persist

Hospital fiscal wounds have mounted this year and the balance sheet damage is expected to extend into 2023 as labor pressures show little sign of easing.

Ohio-based ProMedica sheds skilled nursing venture under turnaround plan

S&P said the ProMedica's divestiture helps address operating losses but it's a longer road ahead to return to investment grade.

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