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More in Financial Management

Washington Gov. Bob Ferguson has signed a bill to remove medical debt from credit score reporting.  The bill, which takes effect July 27, prohibits collection agencies from reporting medical debt to credit agencies, according to an April 22 news release…

Ontario, Calif.-based Prime Healthcare is temporarily suspending pediatric inpatient services at its Joliet, Ill.-based St. Joseph Medical Center after averaging less than one patient daily at the unit. Around eight employees and two physicians will be affected by the service…

California’s Office of Health Care Affordability Board on April 22 voted unanimously to impose strict limits on cost growth at seven hospitals it identified as excessively expensive, according to documents obtained by Becker’s. “The board’s unanimous vote is in response…

At a time when rural hospitals are seeing increasing financial pressures and closures, Leadville, Colo.-based St. Vincent Hospital is defying the odds with a $6 million financial turnaround.  The hospital saw a $2.2 million loss in 2023, but with proper…

As the pace of hospital closures across the U.S. continues to increase, Becker’s has reported on four hospital closures over the last two days. Since the beginning of 2025, Becker’s has also reported on 15 hospital and emergency department closures,…

The Nacogdoches (Texas) County Hospital District has approved a $5 million loan to help stabilize operations at Nacogdoches Memorial Hospital, which the district took over in 2024 following the default of the previous operator, ABC affiliate KLTV reported April 21. …

Dallas-based Tenet Healthcare is seeking CFOs at four of its Texas hospitals.  Here are the current CFO openings at the for-profit health system:  Tenet operates 49 hospitals in eight states, including 15 in Texas.  

Orlando (Fla.) Health’s Rockledge Hospital and four hospital-based outpatient departments closed April 22, eliminating 940 jobs.  Orlando Health acquired the 298-bed facility from Dallas-based Steward Health Care in October 2024 for $439 million. In late February, the health system shared…

After months of court hearings and negotiations with various stakeholders, Upland, Pa.-based Crozer Health will shut down and lay off more than 2,600 employees, according to a closure notice from parent company Prospect Medical Holdings. The decision follows failed efforts…

MedStar Mobile Healthcare filed a WARN notice for 589 employees, effective July 1, amid a change of emergency medical services from the EMS and mobile health organization to the city of Fort Worth, Texas.  “While a majority of MedStar employees…

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