Allina Health and Fairview Health Services — both based in Minneapolis — reported operating losses in the first quarter of the year, the Star Tribune reported May 17. 

Rochester, Minn.-based Mayo Clinic has reported an operating gain of $149 million for the first quarter on revenue of $4.3 billion.

KPC Promise Hospital in Vicksburg, Miss., may be forced to close next month after missing lease payments to its landlord, Flowood, Miss.-based Merit Health. 

A Texas bill that would require hospitals to provide an itemized bill when billing for medical services passed the state Legislature on May 17 and is headed to the governor's desk. 

Carroll, Iowa-based St. Anthony Regional Hospital will apply to become a critical access hospital, the Carroll Times Herald reported May 17. 

The full effect a U.S. debt ceiling breach would have on healthcare is unknown but, Sara Rosenbaum, emerita professor at George Washington University in Washington, D.C., told Barron's on May 12 that "If the federal government can't pay the bills, the entire thing stops. The whole health system collapses." 

San Diego-based Scripps Health has reported an operating loss of $22.2 million on revenue of just over $1 billion for the first three months of the year.

Nashville, Tenn.-based Envision Healthcare, a physician services company and ambulatory surgery center operator, has filed for bankruptcy almost five years after a private equity firm acquired it for $9.9 billion and took the company private.

Commercial payers' failure to reimburse providers in a timely manner is "directly impacting hospitals' financial performance," according to a report from public accounting, consulting and technology firm Crowe.

Spring Valley, Ill.-based St. Margaret's Health will close several clinics by June 9 and the hospital could close on June 16 if it does not receive emergency funding from the state, shawlocal.com reported May 17. 

Oakland, Calif.-based Kaiser Permanente's financial statement released May 15 details when it expects its deal for Geisinger Health to close as well as investment details regarding Risant Health, the new nonprofit organization of which Geisinger is slated to become the first member: 

Minneapolis-based Fairview Health Services, which is hoping to finalize its merger with Sioux Falls, S.D.-based Sanford Health by the end of May, would not renew its current agreement with the University of Minnesota if terms are not altered, Fairview CEO James Hereford told investors May 9.

Lansing, Mich.-based Sparrow Health System was removed from CreditWatch status following the successful completion of its tie-up with Ann Arbor-based University of Michigan Health, S&P Global said May 16.

Another financial results season is in full swing as hospitals and health systems report their financials as of March 31. Below is a roundup of nonprofit health systems and their recently published results, some of which have not previously been reported on.

Hollister, Calif.-based Hazel Hawkins Memorial Hospital will decide whether or not it will file a Chapter 9 bankruptcy case at the San Benito Health Care District board meeting on May 22, local news outlet KSBW reported May 16.

Kenosha, Wis.-based Froedtert South will not renew its contract with Envision Healthcare when it expires June 30, the Milwaukee Business Journal reported May 16.

The American Hospital Association outlined three recommendations regarding hospital price transparency policies ahead of a May 16 House Ways and Means Committee hearing on the subject: 

Baltimore-based University of Maryland Medical System reported overall net income of $74.8 million for the nine months ending March 31 but posted a net operating loss.

Carter County, Tenn., commissioners questioned and shared their disappointment with Johnson City, Tenn.-based Ballad Health executives' decision to close the intensive care unit at Elizabethton, Tenn.-based Sycamore Shoals Hospital, the Elizabethton Star reported May 16.

Pueblo, Colo.-based Parkview Health System reported a $17.5 million operating loss in the first quarter of 2023, according to an unaudited balance sheet.