A number of insiders at Dallas-based Tenet Healthcare have sold $2.5 million worth of shares in the company over the past 12 months. 

Cleveland Clinic has reported a $21.4 million operating loss, resulting in an operating margin of -0.6 percent, compared with a $183.5 million loss and an operating margin of -5.9 percent in the second quarter of 2022, according to financial documents published Aug. 23.

Fishersville, Va.-based Augusta Health has affiliated with Breez Health to provide improved financial assistance for income-eligible patients.

Greenwood (Miss.) Leflore hospital is going up for lease again as it continues to battle various financial challenges to remain afloat and open, Mississippi Today reported Aug. 23.

Minneapolis-based Allina Health opted not to fill 150 open positions, as the health system lost $122.7 million between April and June, the Star Tribune reported Aug. 23.

Minneapolis-based Allina Health announced Aug. 23 that it is ending a billing and collection policy that drew national attention and an investigation by the the Minnesota attorney general.

The University of Michigan Health is restructuring its executive team to oversee operations at the University of Michigan Health-West in Wyoming, Mich., and Lansing-based Sparrow Health, a six-hospital system that it acquired in April. 

Babylon Health, a London-based digital-first healthcare platform, aims to complete the sale of its U.K. business by Aug. 25 after a proposed merger with digital neurotherapy company MindMaze collapsed, forcing it to shut down its U.S. operations, according to Sifted.

Health system executive teams are in a bind as expenses rise faster than reimbursement rates, and margins are expected to stay slim for the next few years. With few options to mitigate costs and avoid cutting services, layoffs or worse, hospitals and health systems are accelerating value-based care strategies and taking a more nuanced approach to the site of service for care.

Meadowbrook, Pa.-based Redeemer Health saw its credit rating downgraded to "BB" by S&P Global, according to an Aug. 18 Philadelphia Inquirer report.

UChicago Medicine AdventHealth GlenOaks hospital in Glendale Heights, Ill., plans to discontinue its obstetrics services because of low demand and community factors including the higher median age in Glendale Heights.

Automation, machine learning and generative AI are among the things three Healthcare Financial Management Association MAP-award-winning revenue cycle leaders told Becker's they are most excited about right now. 

Houston-based Nutex Health, a micro-hospital network, has acquired Population Health Associates and Managed Care Insurance Consultants, two independent practice associations headquartered in Coral Gables, Fla. 

Investment returns on healthcare stocks average 13.4 percent, making the sector the third best performing behind IT and consumer discretionary, according to a study from Journo Research.

Fifteen hospitals and health systems have been honored by patientrightsadvocate.org with the "Price Transparency Champion Award."

Vancouver, Wash.-based PeaceHealth is taking initial steps to close its Eugene (Ore.) University District hospital as the health system shifts operations to its RiverBend campus, the hospital system said.

Insurers and large health systems share blame for the high costs of healthcare, policy analyst Paul Keckley, PhD, said in an Aug. 21 article on his website.

Hartford-based Connecticut Children's said it will raise its minimum wage by $3 to $18 an hour, effective Oct. 6.

Five hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 

In January, 98 percent of U.S. CEOs agreed there would be a "short and shallow" recession. Now, that anticipation is waning in the C-suite, Fortune reported Aug. 22.