Bill Rutherford, the CFO of Nashville, Tenn.-based HCA Healthcare, sold 30,000 shares of company stock at $258.19 per share to net himself $7,745,700, according to a Feb. 3 U.S. Securities and Exchange Commission filing. 

Troubled Hollister, Calif.-based Hazel Hawkins Memorial Hospital reported positive net income in December, but expenses remain high and a significant drag on performance.

Denver Health, Colorado's safety-net hospital, reported a net operating loss of $60.7 million in 2022 as contract labor expenses and salaries continued to be a significant driver of costs.

Hospitals around the country are seeking CFOs, including several owned by some of the largest systems in the nation.

Loma Linda (Calif.) University Children’s Hospital has been awarded $135 million to fund six major projects.

A number of healthcare and hospital systems detailed their levels of debt when reporting financial results in January. Here is a summary of some of those systems that also includes debt totals calculated by ratings agencies:

The pandemic made remote care a crucial need, and healthcare CFOs adjusted their organizations' investments accordingly — but now patient sentiment toward remote care appears to be diverging from CFO investment trends in telehealth, according to the "2023 BDO Healthcare CFO Outlook Survey." 

Charlottesville, Va.-based UVA Health has unveiled a 10-year strategic plan that aims to improve access to care by hiring more primary care providers, expanding its specialty care network and become the nation's top public academic health system, according to a Feb. 3 news release.

A number of hospitals and health systems are trimming their workforces or jobs due to financial and operational challenges. 

Ten hospitals or health systems recently posted job listings seeking revenue cycle management expertise.

The last year was tough on hospitals and health systems, and executives are planning for a challenging 2023 as well.

Los Angeles-based Cedars-Sinai Health System contributed $15.4 billion in economic benefit to Southern California in fiscal year 2021 by creating and supporting jobs, fueling construction spending and assisting community benefit programs, according to an analysis by the Los Angeles County Economic Development Corporation.

Nearly a quarter of hospitals reviewed by patientrightsadvocate.org are now compliant with federal price transparency rules, according to the agency's semi-annual report released Feb. 6. 

Pueblo, Colo.-based Parkview Health System, which agreed Jan. 24 to merge with UCHealth, reported a net operating loss of $11.2 million for the six months ended Dec. 31, 2022.

Average hospital operating expenses vary greatly from state to state, from $70 million in Wyoming to half a billion dollars in New York. 

Savannah, Ga.-based St. Joseph's/Candler Health System reported net income of $9.2 million for the six months ending Dec. 31, 2022.

Minneapolis-based Fairview Health has had its credit rating downgraded from "A" to "BBB+" amid concern its operating income is unlikely to improve for some time, according to a Feb. 2 S&P Global note shared with Becker's.

Recent cyberattacks on hospital and healthcare systems may not have a direct impact on credit ratings but do highlight an increased risk if more dangerous activity were to take place in the future, Fitch Ratings said in a Feb. 3 release.

The healthcare industry could save $25 billion annually by making a full transition to automating business transactions, according to a Feb. 3 report from Chief Healthcare Executive, citing CAQH research.

Officials are still weighing a number of options to revive Madera (Calif.) Community Hospital about one month after the facility, located in California's Central Valley region, shuttered its doors.