Author: Madeline Ashley

Bristol (Conn.) Health has shared plans to cut 60 positions amid “negative headwinds and harsh realities” affecting hospitals and systems across the U.S. The news comes after the hospital system also cut 60 positions in March 2024 due to ongoing…

As rural hospitals across the U.S. continue to grapple with financial strain, staffing shortages and service closures, healthcare leaders like Kyle Kramer, CEO of Putnam, Conn.-based Day Kimball Health, are navigating industry headwinds through strategies to help his organization adapt…

Many hospitals in Maine, particularly larger ones, are heavily in debt, poor and working out of older facilities, according to a recent report from the Maine Hospital Association. The Financial Analysis of Maine’s Hospitals 2025, obtained by Becker’s, was conducted…

President Donald Trump has temporarily dropped tariff rates on imports for most U.S. trading partners to 10% for 90 days to allow for trade negotiations, according to an April 9 Truth Social post.  In addition, President Trump said he is…

Springfield (Ill.) Clinic has named Ryan Caldwell CFO following a nationwide search. Prior to his new role, Mr. Caldwell spent almost two decades in public accounting, according to an April 9 news release shared with Becker’s.  In his new role,…

Amid the ongoing challenges across healthcare, Todd Conklin, CFO of Providence, R.I.-Care New England, is keeping a close eye on potential federal policy changes like Medicaid cuts. “I work in a geographic area, a healthcare market with a disproportionately higher…

Hospitals in states most vulnerable to Medicaid funding reductions are preparing for what some leaders describe as a financial reckoning. If federal proposals to roll back Medicaid expansion move forward, hospitals could see a $31.9 billion loss in revenue and…

Upland, Pa.-based Crozer Health has secured $6 million in funding to keep its two hospitals temporarily operational, but will transition out services like OB-GYN to avoid a shutdown, NBC Philadelphia reported April 10. The news comes after a lawyer for…

Houlton (Maine) Regional Hospital has shared plans to close its inpatient labor and delivery unit,  effective May 2.  “Over the past several years, like many rural hospitals in Maine and across the nation, we have watched our labor and delivery…

New York City-based Mount Sinai Beth Israel has closed after it received approval from the Appellate Division of New York State Supreme Court, a spokesperson for Mount Sinai said in an April 8 statement shared with Becker’s.  Beth Israel had…