University Hospitals in Cleveland has raised more than $1.5 billion toward its $2 billion "Because of You" campaign, which focuses on five areas: caring for children, transforming cancer care, leading discovery and innovation, investing in the community, and embracing emerging priorities. 

The Medicare Payment Advisory Commission on Jan. 16 voted to recommend  tying next year's Medicare physician payment update to the growth in care costs.

Waukegan, Ill.-based Vista Medical Center, part of Waukegan-based Vista Health System, has furloughed 69 non-medical employees for six weeks, the Lake County News-Sun reported Jan. 15.

New York City-based Mount Sinai's Beth Israel began shifting employees and equipment to other parts of the health system on Jan. 14 to ensure patient care at other facilities amid the hospital's delayed closure. 

Here are six health systems that had their outlooks downgraded by Fitch Ratings or Moody's Investors Service since Nov. 5: 

Trinity Health of New England is transitioning the employment of more than 100 physicians at its Connecticut hospitals to Vituity, a physician-owned medical group headquartered in California.

Ely (Minn.)-Bloomenson Community Hospital's critical-access status has been restored after CMS ordered the hospital to reapply for the designation in mid-December due to county population changes.

The 340B drug pricing program is a cornerstone for community-based health systems, allowing them to stretch limited resources and provide essential care to uninsured and underinsured patients. However, the program faces mounting challenges that hospital leaders cannot afford to ignore.

Ely (Minn.)-Bloomenson Community Hospital's critical-access hospital status is in jeopardy after CMS sent a Dec. 11 letter that said it had 60 days to reapply due to population changes in the county.

Hospitals and health systems are in the midst of financial recovery after the pandemic, but potentially bigger challenges loom in the next five years.

Renovo, Pa.-based Bucktail Medical Center received a $1 million state grant to help the struggling critical access hospital stay in operation, The Express reported Jan. 14. 

Bay City, Mich.-based McLaren Bay Region hospital, part of Grand Blanc, Mich.-based McLaren Health Care, has shared plans to make reductions in internal operations and its labor force to improve finances and operational sustainability.

Private equity firm New Mountain Capital announced a strategic investment in Access Healthcare to support the revenue cycle management company's next stage of growth. 

A delayed closure of New York City-based Mount Sinai's Beth Israel could force the system to close "other MSBI facilities."

Los Angeles-based Prospect Medical Holdings has filed for Chapter 11 protection as it works to sell 10 of its 16 hospitals.

Los Angeles-based Prospect Medical Holdings is working with restructuring advisers while exploring strategies to address its financial challenges, The Wall Street Journal reported Jan. 8.

The Martin County (N.C.) board of commissioners has voted to sell or lease Williamston, N.C.-based Martin General Hospital, which closed on Aug. 3, 2023, after filing for bankruptcy, Washington Daily News reported Jan. 10. 

Walgreens Boots Alliance reported a $245 million operating loss in the first quarter of fiscal 2025, the three months ending Nov. 30, a substantial drop from the $39 million operating loss recorded in the same quarter in FY 2024. 

Philadelphia-based Jefferson Health is outsourcing some back-office functions, which will affect 171 roles, The Philadelphia Inquirer reported Jan. 10. 

Average nonprofit hospital margins dipped to 3.3% in November, according to Kaufman Hall's "National Hospital Flash Report," released Jan. 9.