Sacramento, Calif.-based UC Davis Health is reducing its workforce and is eliminating 150 positions, a spokesperson for the health system told Becker's.

Burlington, Mass.-based Tufts Medicine has partnered with population health company Navvis to scale value-based capabilities across its system, which includes an academic medical center, three community hospitals, a home health organization and more than 2,300 physicians.

Indianapolis-based Indiana University Health reported $15.4 million operating income (0.7% margin) in the first three months of 2024, a 66% decrease compared to the $45.1 million (2.2% margin) for the same period in 2023, according to its most recent financial report.

Nashville, Tenn.-based HCA Healthcare posted $1.8 billion in net income for the first three months of 2024, up from $1.5 billion during the same time period in 2023, according to its most recent financial report.

Franklin, Tenn.-based Community Health Systems CFO Kevin Hammons said the health system is seeing "continued progress from [its] in-sourcing and other initiatives to address medical specialist fees that have surged over the past two years." 

A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages.

Palo Alto, Calif.-based Stanford Health Care is moving its Stanford Health Care Tri-Valley outpatient nutrition services in Livermore, Calif., to other regional care centers.

CEOs for King of Prussia, Pa.-based Universal Health Services were paid between 221 and 629 times more than the median annual salary for an employee at the health system between 2019 and 2023, according to proxy statements filed with the Securities and Exchange Commission.

There have been 1,164 mergers among health systems between 2000 and 2020, and a recent study found those transactions increased prices by 5.2%.

King of Prussia, Pa.-based Universal Health Services saw a net income of $261.8 million in the first quarter of 2024, a 60.5% increase from a $163.1 million net income over the same time period in 2023, according to its most recent financial report.

Evanston, Ill.-based Endeavor Health, formerly known as NorthShore-Edward-Elmhurst Health, reported a $51.3 million operating loss (-0.9% margin) in 2023, down from a $26.7 million loss (-0.5% margin) in 2022, as legal and integration costs hindered its financial performance. 

Franklin, Tenn.-based Community Health Systems continues to sell hospitals as part of its divestiture plan and aims to take in $1 billion from hospital sales in 2024. 

Franklin, Tenn.-based Community Health Systems reported $231 million in operating income (7.4% margin) in the first quarter, up from $210 million (6.8% margin) during the same period last year. 

CEOs for Franklin, Tenn.-based Community Health Systems were paid between 96 and 161 times more than the median annual salary for an employee at the health system between 2019 and 2023, according to proxy statements filed with the Securities and Exchange Commission.

Pittsburgh-based UPMC will lay off more than 1% of its 100,000 workforce — approximately 1,000 employees — due to ongoing post-pandemic challenges, the health system confirmed to Becker's.

Centerville, Ohio-based Miami Valley Hospital South, part of Dayton, Ohio-based Premier Health, will discontinue operations at its level 3 trauma center May 1 as part of an ongoing healthcare operations review.

Charlotte, N.C.-based Advocate Health posted an operating income of $606.6 million in 2023, according to its April 23 financial report. 

Washington hospitals suffered a collective $1.74 billion in operating losses in 2023, according to an April 23 report from the Washington State Hospital Association. 

Union Springs, Ala.-based Bullock County Hospital is looking to become a rural emergency hospital and is ending psychiatric services as part of the transition, AL.com reported April 25.

Salt Lake City-based Intermountain Health is making changes with three Kansas clinics, effectively ending its operations in the state.