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More in Financial Management

Houston-based University of Texas MD Anderson Cancer Center has paused hiring for new administrative positions and is prioritizing the hiring of direct patient care roles. Here are five things to know: 1. The organization remains in a strong financial position…

Here are ten health systems that recently had their outlooks upgraded by Fitch Ratings or Moody’s Investors Service since Jan. 30. Note: This is not an exhaustive list. Health systems were compiled from credit rating reports. Boston Children’s Hospital’s outlook…

Hospital closures, specifically in rural and underserved areas, have become a growing concern among many healthcare leaders, as they drive up costs and patient demand for other area facilities while leaving affected communities without proper care access.  Becker’s has reported…

After noting increasingly aggressive payer behavior in the third quarter of 2024, Franklin, Tenn.-based Community Health Systems officials said that payer downgrades and denials stabilized in the fourth quarter and continued into the first quarter of 2025.  President and CFO…

Taylor Hospital in Ridley Park, Pa., closed April 26 after a bankruptcy court approved Prospect Medical Holdings’ plan to wind down operations at Upland, Pa.-based Crozer Health, CBS Philadelphia reported April 25. The decision follows a monthslong battle to save…

Oakland, Calif.-based Kaiser Permanente faces $819,500 in fines after state officials said the organization delayed handling complaints from health plan members.  The California Department of Managed Health Care, which is responsible for overseeing health plans in the state, announced the…

Nashville, Tenn.-based HCA Healthcare reported robust first-quarter results, including an operating income of $2.3 billion (12.7% margin), but evolving federal policy — particularly around healthcare reform and potential tariff changes — introduces new risks for health systems in 2025.  “We…

Indianapolis-based Indiana University Health posted a $18.4 million operating loss (-0.8% margin) in the first quarter of 2025, down from a $15.4 million operating income (0.7% margin) in the first quarter of 2024, according to its most recent financial report. …

New Orleans-based Ochsner Health recorded an operating income of $157.8 million (2% operating margin) in 2024, up from an operating income of $104 million (1.4% margin in 2023, according to its April 23 financial report. The system reported operating revenue…

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