Indianapolis-based Indiana University Health reported a net loss of $358.54 million for the first quarter of 2022 as its labor expenses soared, according to its financial results released April 28. The system had a net income of $330.5 million for the same period last year.

California hospitals continued to face financial losses during the second year of the COVID-19 pandemic, according to an April 19 report from Kaufman Hall. 

While the healthcare industry grapples with severe workforce shortages, several for-profit health systems reported losses or decreases in profits as labor costs ballooned in the first quarter of 2022.

Rehoboth McKinley Christian Hospital — part of Gallup, N.M.-based Rehoboth McKinley Christian Health Care Services — will not be closing, its CEO confirmed to Becker's April 28 after a local news report by KOB 4 said it could close in two weeks.

To support continuous improvement of clinical, financial and operational outcomes, clinical documentation improvement (CDI) teams need data-driven insights that allow them to address low-hanging fruit, as well as to identify gaps where performance improvement is required.

New York City-based Memorial Sloan Kettering Cancer Center's operating loss narrowed to $13.5 million in the three months ended March 31, compared to a loss of $33 million in the same period last year, according to its financial results released April 25.

Campbell County Health in Gillette, Wyo., will outsource its revenue cycle operations to Ensemble Health Partners.

Franklin, Tenn.-based Community Health Systems' net loss reached $1 million for the three months ended March 31, an improvement from the $64 million loss it had in the same period of 2021, according to financial results released April 27.

The averaged adjusted expenses per inpatient day at for-profit hospitals in the U.S. was $2,300 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In three states, the expenses were lower than the average by more than $1,000.

The averaged adjusted expenses per inpatient day for for-profit hospitals in the U.S. was $2,300 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In three states, the expenses were higher than the average by more than $2,000.

Services offered at Cleveland (Texas) Emergency Hospital are being consolidated to Texas Emergency Hospital in Cleveland, according to Bluebonnet News.

Houston-based United Memorial Medical Center is a step closer to regaining its Medicare contract after CMS terminated it in January, according to the Houston Chronicle. 

The averaged adjusted expenses per inpatient day for nonprofit hospitals in the U.S. was $3,032 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In six states, the expenses were lower than the average by more than $1,000.

The averaged adjusted expenses per inpatient day for nonprofit hospitals in the U.S. was $3,032 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In California, the expenses were higher than the average by more than $1,400.

Franklin, Tenn.-based Community Health Systems is investing $40 million into its employees for student debt, professional education and career advancement.

The net income attributable to King of Prussia, Pa.-based Universal Health Services slid 26.4 percent to $153.9 million for the three months ended March 31, compared to $209.1 million in the same period of 2021, according to the system's financial results released April 25.

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

The Biden administration's call for more aid to Ukraine could revive the $10 billion COVID-19 relief package, which was stalled April 5 after Republican senators linked the package to a vote on Trump-era border restrictions. Now, some lawmakers are interested in combining Ukraine and COVID-19 aid, Politico reported April 22.

Hospitals and health systems have lost billions over the last two years, leaving more than 33 percent of them with negative margins, according to an April 25 report by the American Hospital Association.

A study published April 25 in Health Affairs suggests taxing as a tool for policymakers to address high healthcare prices.