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More in Financial Management

Senate Republicans are proposing deeper and broader cuts to Medicaid than their counterparts in the House — heightening concerns among hospital leaders who were already warning of significant risks to patient access, insurance coverage and financial stability for providers. The Senate…

Of the 27 hospitals CMS has fined for alleged price transparency violations, only two have bed counts above 550, while nine have 30 or fewer beds. CMS bases its civil monetary penalties on hospital bed counts. Fines fall into three…

As hospitals and health systems face increasing pressure to maintain margins and secure sustainable reimbursement, a growing number of leaders are turning to an old business truth: What gets measured, gets managed. Payer “scorecards” are gaining traction as hospitals seek…

A proposed $793 billion cut to federal Medicaid spending is projected to increase uninsured rates and place hundreds of hospitals at risk of closure.  The House of Representatives passed the One Big Beautiful Bill Act, a more than 1,000-page budget…

A number of hospitals and health systems are reducing their workforces or jobs amid financial and operational challenges.  Below are workforce reduction efforts or job eliminations announced in 2025.  Editor’s Note: This webpage was created Jan. 22 and updated on…

Ann Arbor-based Michigan Medicine is projected to finish fiscal 2025 with an operating income of $233.5 million (2.7% operating margin).  The projected results for the year ending June 30 were presented to the University of Michigan Board of Regents June…

Proposed healthcare cuts in Republicans’ “One Big Beautiful Bill Act” could place 338 financially struggling rural hospitals at risk of closure, according to the data from the Cecil G. Sheps Center for Health Services Research at the University of North…

Providence, a 51-hospital health system based in Renton, Wash., said in a news release June 12 that it implemented a restructuring plan that will affect 600 full-time-equivalent positions across seven states. According to the Everett Daily Herald, layoff notices were…

R1 RCM has named Chris Ricaurte CFO and Dan Bise executive vice president of corporate development and strategy.  Mr. Ricaurte rejoined R1 in February as chief transformation officer, according to a June 11 news release from the company. He previously…

Multiple hospitals and health systems have suffered downgrades to their financial ratings this year amid rising expenses, ongoing operating losses and challenging work environments. Here are nine hospitals and health systems that received credit rating downgrades from Fitch Ratings or…

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