Richmond, Va.-based VCU Health recently received positive bond ratings from Moody's ("Aa3") and S&P.("AA-"), highlighting the health system's strong financial standing and potential to grow.

Franklin, Tenn.-based Community Health Systems, which reported $957 million in operating income (7.7% margin) in 2023, has increased base salaries and updated compensation structures for several key executives in fiscal year 2024. 

SUNY Downstate Health Sciences University in the Brooklyn borough of New York City has partnered with Mishe, a healthcare platform aimed at eliminating provider and payer barriers, to improve price transparency by launching Downstate's Transparent Access Plan.

Eugene-based Oregon Medical Group is dropping some patients due to a lack of available physicians, 32 of whom have departed from the organization over the last two years, The Oregonian reported March 27.

Tyler-based UT Health East Texas is discontinuing its long-term acute care services in April.

  North Adams (Mass.) Regional Hospital held a ribbon-cutting ceremony March 28 to celebrate the reopening of the hospital 10 years to the day after it closed. 

Seattle Children's is the recipient of a $50 million gift from the William Lawrence & Blanche Hughes Foundation to support advancements in therapies and treatment options for leukemia and other pediatric cancers.

A Delaware lawmaker is looking to establish a hospital cost review board, but the legislation faces opposition from health systems in the state, Delaware Public Radio reported March 27. 

Health system CFOs have historically been known for number crunching and being good stewards of a given organization's portfolio of assets. While these are still core responsibilities for modern CFOs, their roles are becoming increasingly involved in strategy and transformation. 

Nashville, Tenn.-based HCA Healthcare provided around $3.7 billion in charity care, uninsured discounts and other uncompensated care in 2023, according to its annual impact report. 

Walgreens is marching on in its downsizing and bearing the costs tied to it, as its results for the second fiscal quarter of 2024 show. 

Scottsdale, Ariz.-based HonorHealth reported a $32.8 million operating gain (1.1% margin) in 2023, up from a loss of $4.3 million (-0.2% margin) in 2022, according to financial documents published March 27.

CMS has released its proposed rule for inpatient rehabilitation facilities, which would see an estimated 2.8% increase in payments in 2025. 

The Office of Health Strategy in Connecticut has approved a certificate-of-need application from Yale New Haven (Conn.) Health that puts it one step closer to purchasing three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings.

Danville, Pa.-based Geisinger Health posted a net income of $366.6 million in 2023, after posting a net loss of $834 million in 2022, according to its financial report for the year ended Dec. 31. 

Many in the healthcare industry assume rural hospitals are inherently worse off financially than urban hospitals. It's easy to see why.

Mee Memorial Hospital in King City, Calif., has started transitioning patients to another dialysis clinic as it plans to close its dialysis center in June. 

Liquidity continues to be a problem for hospitals as they recover financially from the pandemic and inflation over the last four years, according to a new report from Syntellis, part of Strata.

Oakland, Calif.-based Kaiser Permanente is partnering with healthcare investment firm Town Hall Ventures to launch Habitat Health, which is designed to allow older adults with low incomes to remain in their homes and receive personalized support.  

The U.S. Department of State's Rewards for Justice program has offered up to $10 million for tips, like identification or location, on the ALPHV/BlackCat ransomware gang responsible for the Change Healthcare attack.