BOSTON, MA (FRANKLIN COUNTY NOW) — Following Heywood Hospital’s bankruptcy in 2023, along with other hospitals’ financial issues, the State Auditor completed an audit of the Center for Health Information and Analysis, CHIA, and found that the CHIA did not adequately monitor financial conditions of acute care hospitals and health systems between July 2021 and June 2023.
The inadequate oversight prevented the Center from addressing financial concerns that put hospitals at risk of closing and failed to assess potential fines of $1,613,000 for acute care hospitals and health systems that did not file financial reports by required deadlines…