Indianapolis-based IU Health reported an operating income of $6.4 million (0.3% margin) in the third quarter, down from $119.7 million (5% margin) in the third quarter of 2024, according to financial documents published Oct. 29. For the nine months ending…

Entrepreneur and philanthropist Tom Golisano has committed a combined $253 million to six children’s hospitals, creating an alliance designed to expand access to pediatric care. Mr. Golisano launched the Golisano Children’s Alliance, uniting the six hospitals and four existing Golisano…

Salt Lake City-based Intermountain Health has launched a historic fundraising campaign to build Nevada’s first freestanding children’s hospital, a $1 billion vision aimed at transforming pediatric care in the state. Three things to know: 1. Intermountain has named Bill Hornbuckle,…

Good Samaritan Hospital, owned by Nashville, Tenn.-based HCA Healthcare, will break ground on a $1.3 billion expansion project Oct. 29. The project’s first phase will involve the construction of a new structured parking facility at the San Jose, Calif.-based hospital. …

New York will provide Valhalla, N.Y.-based Westchester Medical Center Health Network with up to $100 million to support its takeover of Bon Secours Charity Health System and HealthAlliance of the Hudson Valley. The funding is part of New York’s $2.6…

Nonprofit hospitals are watching the financial markets closely to monitor investment income and the potential impact of a sharp equity market correction on liquidity. Fitch Ratings released a statement Oct. 23 noting a market correction would cause a decline in…

University Hospital and Rutgers Health broke ground Oct. 23 on the first phase of a multi-year campus redevelopment plan for their shared campus in Newark, N.J., a hospital spokesperson confirmed to Becker’s. The project aims to expand access to care,…

West Orange, N.J.-based RWJBarnabas Health is moving forward with plans to build its 15th hospital — a 252-bed acute care facility in Tinton Falls, N.J. — after the state department of health has deemed the health system’s certificate-of-need application complete.…

Texas Health Resources plans to build a hospital in Willow Park, expanding its presence in North Texas. The facility will be constructed near Texas Health Neighborhood Care & Wellness Willow Park and Texas Health Orthopedic & Spine Surgery Center Willow…

Arlington-based Texas Health Resources has broken ground on a $343 million patient tower at Texas Health Presbyterian Hospital Plano. Construction on the new eight-story tower began Oct. 21, according to a media advisory shared with Becker’s. Four floors of the…