Hospitals with capitated contracts saw a substantial decrease in Cesarean deliveries and postpartum depression/anxiety after including doulas.

Ontario, Calif.-based Prime Healthcare Services has closed a $425 million credit facility, a move that is expected to help with the company's growth strategy, including acquisitions.

Springfield, Ill.-based Hospital Sisters Health System warned patients of potentially fraudulent attempts to collect on fake hospital bills after a cybersecurity incident in late August, according to the health system's website.

Advocate Health Senior Vice President and Treasurer Bradley Clark is serving as the Charlotte, N.C.-based system's interim CFO while it searches for a permanent replacement for Anthony DeFurio. 

The average hospital operating margin dropped from June to July, but has increased year over year, according to the Kaufman Hall National Hospital Flash Report.

St. Margaret's Health, which has been closed since June, filed two petitions of Chapter 11 bankruptcy for its St. Margaret's Spring Valley (Ill.) and St. Margaret's Peru (Ill.) facilities, Shaw Local News Network reported Sept. 1.

From a hospital delaying its Epic installation due to an RCM change to what three health system leaders see as the biggest challenges right now, here are eight revenue cycle management headlines Becker's reported in August:

Marshall, Mo.-based John Fitzgibbon Memorial Hospital, which in June was downgraded to a "CCC" rating, is working with a number of consulting firms after its debt service coverage ratio slipped below 1.00 for the fiscal year ended April 30.

Inglewood, Calif.-based Centinela Hospital Medical Center is ending maternal child health services on Oct. 25 amid continued fallout over the death of a patient earlier this year.

New Brunswick, N.J.-based Saint Peter's University Hospital, the largest part of Saint Peter's Healthcare, was upgraded to "Baa2" from "Baa3," Moody's said Aug. 25.

Manchester, N.H.-based Catholic Medical Center saw its credit rating downgraded to "Ba1 negative" from "Baa3 negative," Moody's said Aug. 25.

West Des Moines, Iowa-based MercyOne will shutter its Albert Lea clinic on Dec. 31, eliminating its only facility in the state of Minnesota. 

Springfield, Ill.-based Memorial Health CEO Ed Curtis pointed to ballooning labor costs as the main reason for what he described as a "painful but responsible" decision to lay off 20 percent of the hospital's leadership in early August. 

Phoenix-based Banner Health posted a $162.7 million operating income in the first six months of 2023, according to its Aug. 31 earnings report.

Growing numbers of maternity units are closing across the country, but one Morgantown, W.Va.-based WVU Medicine rural hospital is bucking that trend.

UMass Memorial Health unveiled plans in May to close an inpatient maternity unit in late September. The system continues to face pushback on the decision, now not only for its initial closure plan but for a follow-up plan on how access to maternity care will be preserved.

Los Angeles-based Prospect Medical Holdings, a for-profit hospital operator, has been hitting the headlines recently for a ransomware attack it experienced Aug. 3 from which it is still trying to recover.

Danbury, Conn.-based Nuvance Health's request to close the Sharon Hospital labor and delivery unit was denied, according to the Hartford Courant.

A rural Texas hospital became the latest to file for bankruptcy in 2023. Here is more information about that and five other hospital bankruptcies so far this year:  

Fears of a full-blown recession are easing as some economists have predicted a soft landing. But in an uncommon turn of events, the rich are finding themselves in a slump.