Patients could be facing higher costs for COVID-19 tests when the public health emergency ends on May 11. 

Primary care physicians see vast numbers of patients each year and offer significant market expansion opportunities, one of the key reasons why big payers, tech companies and other corporate giants are ramping up acquisitions of physician groups, The New York Times reported May 8.

Neenah, Wis.-based ThedaCare reported operating income of $3.6 million for the first quarter of 2023 on revenue of $306.4 million.

Morgantown, W.Va.-based West Virginia University Health System is expanding its footprint while carefully managing its finances, and rating agencies are paying close attention, according to The State Journal.

Clearwater, Fla.-based BayCare Health System may have reported an overall loss for 2022, but its operating income registered $338 million for the year on revenues of $5.1 billion.

Camden, N.J.-based Cooper University Health Care reported an operating income of $129.6 million in 2022 amid pandemic-related challenges and rising labor costs, according to the Philadelphia Business Journal.

John Day, Ore.-based Blue Mountain Hospital District's board of directors unanimously voted to restructure home health services, according to The Blue Mountain Eagle.

Yale New Haven (Conn.) Hospital is in the midst of a pilot program that provides one-time financial help to victims of violence or their next of kin, the New Haven Register reported May 8. 

McLaren St. Luke's in Maumee, Ohio, will close May 8, one week earlier than initially planned, CBS affiliate WTOL11 reported. 

Cedars-Sinai Medical Center has eliminated the positions of 131 employees and cut about two dozen other jobs at related Cedars-Sinai facilities, a spokesperson confirmed via a statement shared with Becker's.

Rochester (N.Y.) Regional Health is eliminating about 60 positions, the health system confirmed to Becker's.

Roseville, Calif.-based Adventist Health reported a $241 million operating loss for 2022 as expenses rose 5.3 percent.

Mayo Clinic is considering pulling billions in investments from Minnesota over two bills related to nurse staffing levels and healthcare costs, the Minnesota Reformer reported. 

Within the past few months, there have been articles in both The Washington Post and The New York Times that detail the desperate state of maternity wards in rural hospitals.

Oakland, Calif.-based Kaiser Permanente reported $233 million in operating income for the first quarter, up from a $72 million operating loss in the first quarter of 2022. Its operating margin grew from -0.3 percent in the first quarter of 2022 to 0.9 percent in the first quarter of this year.

Miami Jewish Health System has seen its outlook revised to negative amid sustained operating challenges, Fitch said May 5.

The recent fire-sale of First Republic Bank to JPMorgan Chase, the second largest bank failure in American history, is raising recession fears and forcing healthcare leaders to evaluate their exposure to macroeconomic risks.

The federal government ditched its attempt to force Saint Francis Health System to snuff out a sacred candle burning in one of its hospitals, according to a May 5 news release from Becket Law, a nonprofit public interest law firm for religious liberty.

Indianapolis-based Indiana University Health is planning to potentially raise $755 million through bonds in 2023 for capital projects or to address debt issues.

While many hospitals are operating in negative margins, payers are bringing in record revenues and profit margins. And healthcare organizations have fallen into a pattern of not fighting or simply accepting many denials, much to their financial detriment.