Two hospitals have filed for bankruptcy so far in 2023, and both are located in California. 

South Bend, Ind.-based Beacon Health System has instituted a hiring freeze and will reduce hourly pay for many contracted workers, according to an internal letter sent to staff obtained by NPR member station WVPE. 

Healthcare organizations continue to face tough economic conditions. In January 2023, hospitals' patient volumes and revenues were down, while expenses — especially for labor — were on the rise.

Nashville, Tenn.-based HCA Healthcare is the largest hospital operator in the country and recently reported a first-quarter net income of $1.36 billion.

King of Prussia, Pa.-based Universal Health Services, one of the largest for-profit health systems in the nation, reported net income of $163.1 million in the first quarter of 2023 versus $153.9 million in the same period in 2022.

Sioux Falls, S.D.-based Avera Health reported an operating loss of $13.3 million for the nine months ending March 31.

Conifer Health Solutions and digital health company Welldoc are partnering on a personalized digital health app called Conifer Connect. 

Johnson City, Tenn.-based Ballad Health has extended a $30 million line of credit for another year, according to an April 25 filing.

Nine health systems recently posted job listings seeking revenue cycle vice presidents. 

New York City-based NYU Langone Hospitals has reported operating income of $299.7 million for the six months ended Feb. 28, according to an April 24 filing. That compares with $253.7 million for the same period in 2022.

Cleveland City Council approved a plan to partner with RIP Medical Debt to erase the medical debts of about 50,000 residents, Fox affiliate WJW reported April 24. 

Revenue cycle management company Ventra Health has named David Scharfstein CFO. 

Conifer Health Solutions saw net operating revenues of $324 million in the first quarter of 2023, the same figure it saw over the first quarter last year, according to parent company Tenet's financial report released April 25. 

Trinity Health Mid-Atlantic, part of Livonia, Mich.-based Trinity Health, recently eliminated fewer than 40 positions, a spokesperson confirmed to Becker's on April 24. 

Dallas-based Tenet Healthcare reported $143 million in net income for the first quarter of 2023 on revenue of $5 billion.

Athol (Mass.) Hospital is suspending its endoscopy procedures after a routine equipment inspection found issues in the hospital's ventilation system, the Greenfield Recorder reported April 24.

Sacramento, Calif.-based Sutter Health saw various credit ratings upgraded to "A+" from "A," Fitch said April 24.

Troubled El Centro (Calif.) Regional Medical Center has released data showing significant ongoing financial challenges, including operating income $17.8 million under budget for the fiscal year to date as of March 31.

Rebuilding financial reserves should be a top priority for nonprofit hospitals and health systems once current operational and financial headwinds have subsided, Kaufman Hall said April 24. 

Cash-challenged Jefferson City, Mo.-based Capital Region Medical Center has agreed to pay a $270,000 fee to a lender after failing to pay interest payments on some of its debt.