Tallahassee (Fla.) Memorial HealthCare saw its credit rating affirmed at "Baa1," Moody's said June 20. The rating comes even as the system endured a hit to its operations following a well publicized cyberattack in February.

Demorest, Ga.-based Habersham Medical Center paid out more than $400,000 in severance to four executives it let go in April, as the hospital prepares to be taken over by Gainesville-based Northeast Georgia Health System, nowhabersham.com reported June 27.

Butler (Pa.) Health, now merged with Greensburg, Pa.-based Excela Health to form Independence Health System, saw its credit rating downgraded significantly, falling from "A" to "BBB."

Hospital finances showed signs of stabilizing in May amid slightly improving operating margins, declining expenses and notable increases in outpatient visits, according to Kaufman Hall's latest "National Flash Hospital Report," which is based on data from more than 1,300 hospitals.

Escondido, Calif.-based Palomar Health, a publicly owned health system, is in dire financial straits due to $585 million in debt, Voice of San Diego reported June 26.

During a June 26 briefing with congressional leaders, the American Hospital Association pushed back against proposed site-neutral payments for outpatient procedures.

Tenet Healthcare's next CFO comes to the Dallas-based health system with a background working for pharmaceutical companies. 

UNC Southeastern, which is now part of the Chapel Hill, N.C.-based UNC Health system, saw its ratings on a series of bonds downgraded to "BB" amid operating losses and sustained weakness in its balance sheet, S&P Global said June 23.

Warsaw, N.Y.-based Wyoming County Community Hospital filed plans to take nearly half of its 62 beds off its operating certificate as it looks to meet critical access hospital requirements, local news outlet WGRZ reported June 26.

Private equity firms, physician groups and payers have acquired the majority of physician practices over the last five years, according to a report published June 26 by the American Hospital Association.

The planned merger between St. Louis-based BJC HealthCare and Kansas City, Mo.-based Saint Luke's Health System could give the two systems huge "negotiating power" with insurers, according to analysts, St. Louis Post-Dispatch reported June 25. 

The Healthcare Financial Management Association awarded 15 providers the 2023 MAP Award for high performance in revenue cycle. 

Charleston, W.Va.-based Vandalia Health has been busy with a series of acquisitions.

Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

Cyberattacks on hospitals can lead to serious implications for patient safety and privacy, but could force many hospitals in precarious financial positions to close their doors for good, Bloomberg reported June 23. 

Nonprofit hospitals' adjusted expenses per inpatient day can vary greatly by region and state, with a threefold difference between the lowest and highest and and a national average of $3,013. 

Portland-based Oregon Health & Science University is not only dealing with ongoing labor and expenses pressure but is also having to rely increasingly on special funding to support operations, S&P Global said June 22.

Bristol (Conn.) Health has reported 16.89 days of cash on hand as of May 31, 22 percent below budget.

Dustin Thomas, CFO of Columbia-based University of Missouri Health Care, said the health system "is in good shape" to hit its operating margin goal of $45 million at the end of June, the Colombia Missourian reported June 22.

Peoria, Ill.-based OSF Healthcare aims to re-establish medical services in Spring Valley and Peru, Ill., after St. Margaret's Health shut down all operations after closing June 16.