Holly Springs, Miss.-based Alliance HealthCare has finally been granted rural emergency hospital status, a potential lifeline to struggling rural hospitals, Mississippi Today reported May 9.

Envision Healthcare, a private equity-backed physician services company and ambulatory surgery center operator, plans to file for Chapter 11 bankruptcy as early as this weekend, The Wall Street Journal reported May 10.

MultiPlan, a healthcare analytics and revenue analysis company, is acquiring Benefits Science Technologies in a $160 million deal. 

The newly released Consumer Price Index Report shows a slight decrease in prices as the Federal Reserve aims to get inflation under its 2 percent goal.

Northern Maine Medical Center in Fort Kent will close its obstetrics unit May 26, WAGM News reported.

Six health systems recently posted job listings seeking revenue cycle vice presidents. 

The current board members of value-based care provider Cano Health are "fully aligned" with the company's strategic goals going forward, said CEO Marlow Hernandez, DO.

Forrest General Hospital in Hattiesburg, Miss., has followed four other hospitals in leaving the Mississippi Hospital Association over leadership concerns, according to the Magnolia Tribune.

Toledo, Ohio-based ProMedica has had its ratings on various bonds and its default grade downgraded to "BB-" from "BB+," Fitch Ratings said May 9.

Tech-enabled revenue cycle management company Aspirion has named Jim Bohnsack to the newly created role of chief strategy officer.

Miami-based Cano Health, a value-based care provider, reported a $60.6 million net loss for the first quarter 2023 on increased revenue of $866.9 million.

The month a patient is hospitalized can have a big effect on how high their bill will be, a study published May 5 in JAMA Health Forum found. 

Pensacola, Fla.-based Baptist Health Care has reported first-quarter positive operating income of $1.4 million on $211.2 million of revenue.

Volatile hospital spending plans will affect medical equipment manufacturers amid continuing economic pressures, Moody's said in a May 8 research note.

Philadelphia-based Jefferson Health is offloading select assets of its outreach laboratory services to Labcorp, but will continue to own and operate its existing hospital labs for outpatient and inpatient services. 

Richmond, Va.-based VCU Health has paid $72.9 million to back out of its 25-year lease agreement for a downtown hospital project, which effectively died in February, Richmond Biz Sense reported May 5.

Fort Wayne (Ind.) Neurological Center has agreed to join Indianapolis-based Indiana University Health.

Atlanta-based Wellstar Health System reported a $135.8 million operating income for the nine months ended March 31 on $3.6 billion of revenue.

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.