South Bend, Ind.-based Beacon Health System had its outlook revised to negative from stable on "AA-" rated bonds it holds, S&P Global said April 14.

Honolulu-based Kuakini Health System, which has a "CCC" long-term rating, has been placed on CreditWatch with negative implications, S&P Global said April 14.

Mullica Hill, N.J.-based Inspira Health reported an operating loss of $42.7 million in 2022 as expenses rose 13.7 percent on the year.

Several hospitals are scaling back or cutting inpatient services for multiple reasons, including cost and staffing concerns. 

Two Colorado hospitals that ran short on cash in recent months attributed the need to repay Medicare for interest-free loans received at the beginning of the pandemic as one factor, The Denver Post reported April 16. 

At $10.1 million, healthcare had the highest average cost of a data breach in 2022, with the financial sector following behind at $6 million, according to Moody's Investor Service.

After initially saying CMS was "pulling" Holly Springs, Miss.-based Alliance HealthCare's emergency rural hospital status, state health officer Dan Edney, MD, walked back his remarks and said CMS just needed "further clarification" on the hospital's rural emergency status, Mississippi Today reported April 14.

New York City-based Montefiore Health System continues to have its outlook rated as "negative" as it struggles with sustained operating challenges, Moody's said April 6.

Winston-Salem, N.C.-based Trinity Moravian Church relieved $3.3 million in medical debt for residents in three North Carolina counties in Partnership with RIP Medical Debt, The Dispatch reported March 27. 

Northern Inyo Healthcare District, which operates a 25-bed critical access hospital in Bishop, Calif., anticipates eliminating about 15 positions, or less than 4 percent of its 460-member workforce, by April 21, a spokesperson confirmed to Becker's. 

Renton, Wash.-based Providence, which has undergone three rating downgrades in recent weeks, has been issued with an "A" rating on $585 million of new debt, Fitch Ratings said April 14.

A local official's suggestion to fund healthcare with sales tax is generating buzz about Atlanta's spending on hospitals, The Atlanta-Journal Constitution reported April 10. 

New York City-based Memorial Sloan Kettering Cancer Center saw a swing from a $235.1 operating gain in 2021 to a 2022 operating loss of $248.1 million.

Nashville, Tenn.-based HCA Healthcare has experienced tremendous growth over the last eight years, with revenue increasing from $39.7 billion in 2015 to $60.2 billion in 2022. 

Hospitals in the Albany, N.Y., region could benefit from an additional $100 million annually in reimbursements from Medicare, according to an April 13 Times Union report.

Optum now provides financing for healthcare organization customers who need advanced funds.

Columbia-based University of Missouri Health Care is on track to hit its financial goals set at the UM System Board of Curators' last health affairs committee meeting, the Colombia Missourian reported April 13.

West Reading, Pa.-based Tower Health is eliminating 100 full-time equivalent positions, effective immediately, as it continues to reduce costs amid financial difficulties.

Credit ratings agency Fitch is affirming Hartford (Conn.) HealthCare's "A+" rating, reflecting the health system's expanded clinical presence in all eight Connecticut counties.

After initially approving Holly Springs, Miss.-based Alliance HealthCare System to become the first Mississippi hospital to transition to rural emergency hospital status, CMS is revoking the designation from the hospital, Mississippi Today reported April 12.