Becker's has reported on nine health systems that have opted to outsource finance jobs or other revenue cycle functions in 2023: 

Fitch Ratings Senior Director Kevin Holloran dubbed 2022 the worst operating year ever and most nonprofit health systems reported large losses. However, the losses are shrinking and some systems have even reported gains during 2023 so far.

West Des Moines, Iowa-based UnityPoint Health, which is due to combine with Presbyterian Health Services later this year, saw its operating loss total $29 million in the first quarter. That loss followed a $52.2 million loss in the same period last year.

Philadelphia-based Penn Medicine revealed operating income of $160.4 million in its reporting period ending March 31. The seven-hospital system reported positive operating income in the past five years in the May 24 filing.

A South Carolina law rolling back much of the state's certificate-of-need law could lead to a spike in hospital projects, but rural communities might not see benefits, the Post and Courier reported May 21. 

Boston-based Mass General Brigham reported an $6 million operating loss in the second quarter of fiscal year 2023, which ended on March 31. The loss is a significant improvement on the $193 million operating loss recorded in the same period last year. 

MasterCard is partnering with healthcare technology company HealthLock with the intention of protecting consumers from healthcare fraud and billing errors. 

Aurora, Colo.-based UCHealth revealed operating income of $61.8 million in the first quarter of 2023 on revenue of $1.7 billion.

The Jersey City, Hoboken and Bayonne, N.J., city councils have all passed resolutions supporting CarePoint Health Systems' application for state and federal funding through the American Rescue Plan.

Despite continued high labor expenses, inflation and the rising costs of medical equipment and supplies, some nonprofit health systems' margins made it back into the black in the first quarter. 

More than half of the members of the House of Representatives have signed a letter urging House leadership to delay cuts to the Medicaid Disproportionate Share Hospital program. 

St. Louis-based SSM Health reported higher operating expenses in the first quarter of 2023, which dragged the system to an operating loss of $16.5 million.

Three hospitals have filed for bankruptcy so far in 2023, and all three are located in California. 

Conifer Health Solutions has entered into a partnership with Arlington Heights, Ill.-based Northwest Community Healthcare. 

Cleveland Clinic reported improved net operating income of $32.3 million for the three months ending March 31 on revenues of $3.5 billion.

Charlotte, N.C.-based Atrium Health has seen its rating on various series of debt upgraded to "AA" from "AA-," S&P Global said May 22.

Altamonte Springs, Fla.-based AdventHealth had both its default rating and that on a series of 2023 $286 million bonds affirmed May 22, Fitch said.

Kaiser Permanente has decided that it will not buy a property in Live Oak, Calif., where it had planned to develop a 160,000-square-foot medical building, the Santa Cruz Sentinel reported May 21. 

Voters narrowly rejected a bond that would have provided extra financial support to Ilwaco, Wash.-based Ocean Beach Hospital and Medical Clinics, according to the Chinook Observer.

Franklin County commissioners have serious concerns about the state of Apalachicola, Fla.-based Weems Memorial Hospital after questioning CEO David Walker on the back of a financial report compiled by Alliant Management Services, The Apalachicola Times reported May 22.