Los Angeles-based Cedars-Sinai has acquired the Beverly Connection shopping center for $270 million as it aims to expand its footprint and plan for future healthcare delivery in the region. Four things to know:  1. The roughly 10-acre retail complex sits…

New York City-based Mount Sinai released a 34-minute podcast on March 13, detailing the health system’s contracting dispute with Anthem. “At Thanksgiving, [Anthem] inexplicably just said, ‘We are not doing anything we agreed to, and we’re not talking to you…

As financial pressures like reimbursement shifts and rising costs remain constant in healthcare, Columbia-based University of Missouri Health Care CEO Ric Ransom said they do not alter the system’s core mission and its commitment to the people it serves.  “Financial…

Baystate Health, a five-hospital system headquartered in Springfield, Mass., is eliminating 117 corporate positions as part of ongoing efforts to improve efficiency and strengthen its financial footing, a spokesperson for the health system confirmed to Becker’s.  The cuts affect less…

As health system margins remain tight and executive teams scrutinize every investment, marketing is under increasing pressure to prove its financial value. At UChicago Medicine, that scrutiny has reshaped how marketing operates, borrowing concepts more commonly associated with finance, analytics…

As hospitals across the country navigate financial pressure, workforce strain and rapid digital change, cultural transformation has moved from a soft concept to a strategic necessity. For Rochester, Minn.-based Mayo Clinic Health System, culture is not a side initiative layered…

Academic medical centers reported big growth in research expenses and teams in the last year, while research gross operating revenue declined nearly 2%, according to Strata’s “Healthcare performance Trends: Q3 2025” report. Academic health systems recorded a 7.8% increase in…

Ann Arbor-based Michigan Medicine is projected to finish fiscal 2025 with an operating income of $233.5 million (2.7% operating margin).  The projected results for the year ending June 30 were presented to the University of Michigan Board of Regents June…