Gardner, Mass.-based Heywood Urgent Care Center is closing to the general public after its parent company, Heywood Healthcare, filed for bankruptcy in October, The Gardner News reported Nov. 27. 

Hershey, Pa.-based Penn State Health saw a financial loss of $160 million on revenues of $3.8 billion in fiscal year 2023, which ended June 30, the five-hospital system announced in a recent press release.

Houston-based Nutex Health, a micro-hospital network, has received a letter granting a 180-day extension to display compliance with Nasdaq's $1 minimum bid requirement.

As the rural maternity care crisis roars on, a northwest Connecticut-based hospital could soon be shutting down their birthing unit, CT Insider reported on Nov. 27.

West Reading, Pa.-based Tower Health continues to make progress on its performance improvement plan as its operating margin for the three months ended Sept. 30 rose to -4.2% from -8% during the same period in 2022. Its operating cash flow margin also increased from -0.9% to 2.3%. 

Pittsburgh-based UPMC reported a $177 million loss on revenues of $20.6 billion for the nine months ending Sept. 30, compared with a $196 million gain on revenues of $18.9 billion during the same period in 2022. 

Following the more than 40 reported layoffs at Monticello, Ark.-based Drew Memorial Hospital in early November, Little Rock-based Baptist Health is looking to clear the air ahead of acquiring the hospital in December, the Advance-Monticellonian reported Nov. 22.

Toledo, Ohio-based ProMedica Health System is relinquishing control of seven skilled nursing facilities to Providence Group, a for-profit corporation, California Attorney General Rob Bonta announced Nov. 21.

Altamonte Springs, Fla.-based AdventHealth has doubled its operating revenue in the last seven years, growing from a $9 billion organization into an $18 billion multistate health system.

Chicago-based CommonSpirit recently reorganized its operations by consolidating its eight operating divisions into five regions. 

Lion Star Nacogdoches (Texas) Hospital, the group that operates Nacogdoches Memorial Hospital, has filed for Chapter 11 bankruptcy in the Northern District of Texas, according to The Daily Sentinel. 

Walmart Health is seeking a billing and revenue manager, according to a Nov. 21 LinkedIn post. 

The Consumer Finance Protection Bureau sent more than 60,000 debt collection complaints in 2022, and 8,500 (15%) of those were about attempts to collect a medical bill, according to the agency's annual Fair Debt Collection Practices Act report released in November. 

Lowville, N.Y.-based Lewis County Health System is close to receiving a reimbursement for the county that could help reopen its maternity ward, CBS affiliate WWNY reported Nov. 21.  

Tri-City Medical Center in Oceanside, Calif., is laying off workers to adjust its staffing levels.

Cleveland's partnership with RIP Medical Debt has erased $33 million in medical debt for 16,000 city residents to date, Cleveland Scene reported Nov. 20. 

Health systems in Oregon, Massachusetts, Pennsylvania and New York have been unloading their lab assets as they deal with financial difficulties.

Medicare Advantage and commercial claims denials have spiked across the country, leaving hospitals increasingly financially strapped, according to research published Nov. 17 by the American Hospital Association and Syntellis. 

Charlotte, N.C.-based Advocate Health posted operating income of $79.4 million in the first nine months of 2023, according to its Nov. 20 financial report. 

Phoenix-based Banner Health has reported $149.4 million in operating income (1.5% margin) on revenues of $10.3 billion for the nine months ending Sept. 30, compared with a $113.2 million operating loss (-1.2% margin) on revenues of $9.3 billion for the same period in 2022.