Today's Top 20 Health Finance Articles
  • MedHQ acquires RCM company

    MedHQ, a healthcare advisory and administrative service provider, has acquired Trajectory Revenue Cycle Services. 
  • Tufts slims Q2 operating loss to $40.7M under new CFO

    Boston-based Tufts Medicine posted a $40.7 million operating loss (-7.9% margin) for the three months ended June 30, improving on the $61.9 million loss (-9.6% margin) reported in the same period during 2023, according to financial documents published Aug. 30.
  • Fitch downgrades Pennsylvania system

    Fitch downgraded DuBois, Pa.-based Penn Highlands Healthcare's rating from "A-" to "BBB."
  • Becker's 12th Annual CEO + CFO Roundtable

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  • Allegheny Health Network cuts operating losses in Q2

    Pittsburgh-based Allegheny Health Network reported an operating loss of $25.9 million (-2.1% margin) in the second quarter of 2024, an improvement over a $47.8 million operating loss (-4.2 margin) posted over the same period last year. 
  • Beth Israel Lahey Health Q2 losses grow to $23.3M

    Cambridge, Mass.-based Beth Israel Lahey Health reported a $23.3 million operating loss (-1% margin) for the three months ended June 30, compared to a $15.3 million loss (-0.8% margin) in the same period in 2023. 
  • 10 profitable health systems in Q2

    Hospitals' latest financial results point to the beginning of a slow and sustained recovery Fitch said in an Aug. 12 report.
  • UnityPoint reverses loss with $33.9M Q2 operating gain

    West Des Moines, Iowa-based UnityPoint Health reported $33.9 million in operating income (2.6% margin) in the second quarter, reversing a $4.2 million operating loss (-0.4% margin) in the same period last year. 
  • Steward to sell 4 Massachusetts hospitals

    Providence, R.I.-based Lifespan and Lawrence (Mass.) General Hospital have entered into definitive agreements with Dallas-based Steward Health Care to acquire four of Steward's Massachusetts hospitals after Massachusetts Gov. Maura Healey shared that deals had been reached "in principle." 
  • New York system freezes some hiring

    The University of Rochester (N.Y.) Medical Center has implemented a temporary hiring freeze at some of its hospitals amid ongoing financial headwinds and rising labor costs, a spokesperson for the system confirmed to Becker's.
  • Montefiore back in black in 1st half of 2024

    New York City-based Montefiore Health System reported operating income of $32.3 million (0.8% margin) in the first half of 2024, up from an operating loss of $17.5 million over the same period last year. 
  • Northwell posts $76.8M operating income in Q2

    New Hyde Park, N.Y.-based Northwell Health reported operating income of $76.8 million (1.7% margin) in the second quarter of 2024, down from the second quarter of 2023's $169.2 million (4% margin). 
  • Steward moves to make Orlando Health successful bidder of Florida hospitals

    Dallas-based Steward Health Care filed an Aug. 28 notice, obtained by Becker's, to designate Orlando (Fla.) Health as the successful bidder for its northern Florida assets.
  • Dartmouth Health swings to profit, posts $41.9 million operating income

    Lebanon, N.H.-based Dartmouth Health reported $41.9 million in operating income (1.2% margin) for the fiscal year ending June 30, reversing the $45.3 million operating loss (-1.5% margin) posted in the previous fiscal year. 
  • New-York Presbyterian Q2 operating income drops 43% to $100.6M

    New York City-based New-York Presbyterian reported an operating income of $100.6 million (3.8% margin) in the second quarter, a $76.8 million decrease from the $177.5 million operating gain (6.5% margin) for the same period in 2023.
  • Crozer Health displaces 30 employees from hospital OR amid service cuts

    Upland, Pa.-based Crozer Health will cut 30 positions at its Ridley Park, Pa.-based Taylor Hospital due to the 107-bed hospital ending surgical services by Sept. 1, The Philadelphia Business Journal reported Aug. 28. 
  • Faith-based systems fight HCA expansion in competitive markets

    Two faith-based, nonprofit health systems are pushing back against Nashville, Tenn.-based HCA Healthcare's expansions in Western North Carolina and Central Virginia, two high-growth areas that are seeing increased competition among providers. 
  • UPMC posts $313M operating loss in 1st half of 2024

    Pittsburgh-based UPMC posted an operating loss of $313 million (-2.2% margin) in the first half of 2024, down from a $15 million operating income (0.1% margin) reported in the first half of 2023, according to the system's Aug. 29 financial report. 
  • Why RCM is a top priority for healthtech investors

    Over the past 18 months, healthtech investment volume has decreased as investors have endured inflation, elevated interest rates and greater uncertainty, Deloitte said in an Aug. 27 report. 
  • Cedars-Sinai raises $1B

    Los Angeles-based Cedars-Sinai has raised $1 billion in a fundraising campaign to support medical research, clinical care and academic leadership.
  • Bon Secours Mercy Health rebounds with $30M operating gain in Q2

    Cincinnati-based Bon Secours Mercy Health reported $30.1 million in operating income (0.9% margin), a more than $123 million improvement on the $92.9 million operating loss (-3.1% margin) posted in the second quarter of 2023. 

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