CVS Health reported $2.1 billion in profit and surpassed 25 million members through its insurance arm, Aetna, according to the company's first-quarter earnings, posted May 3.

Memorial Health System has laid off fewer than 90 people, or less than 2 percent of its workforce, according to Mississippi Today.

Rapid City, S.D.-based Monument Health has laid off at least 80 employees, equating to about 2 percent of its workforce. 

Vancouver, Wash.-based PeaceHealth reported a lower operating loss for the nine months ending March 31, but its operating margin remains in the red.

Franklin, Tenn.-based Community Health Systems is switching one of its recruitment focuses to international nursing in a bid to further reduce reliance on contract labor.

Snoqualmie Valley, Wash., voters rejected a measure that would have raised property taxes by 46 cents per $1,000 of property value to help support capital projects and new equipment for Snoqualmie Valley Hospital District, the Snoqualmie Valley Record reported May 2.

Publicly owned Coeur d'Alene, Idaho-based Kootenai Health said it will be holding investor calls more frequently after violating a covenant agreement.

Sioux Falls, S.D.-based Sanford Health has reported $33.7 million in operating income for the three months ending March 31.

Savannah, Ga.-based St. Joseph's/Candler posted an above-budget operating income for the nine months ending March 31 even as expenses in the period were higher.

When payers control a large share of local markets, hospitals receive lower reimbursements for common services, a study published in the May issue of Health Affairs found. 

Philadelphia-based Jefferson Health will end acute care, general surgery and emergency services at Einstein Medical Center Elkins Park (Pa.) and convert the facility soley into a physical rehabilitation provider.

Here are six revenue cycle management mergers and acquisitions reported by Becker's in 2023: 

Community Health Systems, HCA Healthcare, Tenet Healthcare and Universal Health Services all released first-quarter results in the past several days, and there were some common themes in the for-profit systems' numbers.

Astoria, Ore.-based Columbia Memorial Hospital, a critical access hospital, had its outlook revised from stable to negative amid concern over the amount of debt it may have to use for upcoming expansion, Fitch Ratings said May 1.

Franklin, Tenn.-based Community Health Systems reported a net loss of $20 million in the first quarter of 2023 on operating revenues of $3.1 billion.

Nashville, Tenn.-based HCA Healthcare's subsidiary, HCA , announced its intention to offer senior notes.

The University of the Incarnate Word alleges that Dallas-based Steward Health Care Systems failed to pay $4.5 million in unpaid salaries to residents completing training at Texas Vista Medical Center, which closed May 1, according to the San Antonio Current. 

Indianapolis-based Indiana University Health reported higher operating revenue and income in the first quarter compared to one year ago. 

From Olive selling its utilization management business to Ensemble Health partners adding 650 employees through three outsourcing partnerships, here are 10 revenue cycle management updates Becker's reported in April:

La Grange, Texas-based St. Mark's Medical Center has received approval as a designated rural emergency hospital to potentially avoid closure after cutting almost half of its staff.