In 2026, some health system-owned insurance plans have continued to face headwinds. Renton, Wash.-based Providence is slated to close most of its insurance business, Providence Health Plan, starting in 2027. Plans operated by Urbana, Ill.-based Carle Health and Ann Arbor-based…

CMS issued its fiscal year 2027 final payment rules for skilled nursing facilities and inpatient psychiatric facilities July 29. The rules update Medicare payment rates and revise quality reporting, value-based purchasing and patient assessment policies. Twelve things to know: Skilled…

Health systems are reducing expenses, restructuring leadership teams, reevaluating employee benefits and eliminating jobs as financial pressures mount. At Burlington, Vt.-based UVM Health, those efforts accelerated after state policy changes reduced annual revenue at the system’s flagship academic medical center…

The largest health system layoffs in 2026 are being driven by a range of forces. Regulatory penalties, exits from unprofitable insurance markets and outsourcing deals have all played a role in eliminations — from a CMS-driven certification loss that prompted…

A new case study from the Georgetown University Center on Health Insurance Reforms in Washington, D.C., claims private equity firm Leonard Green & Partners and its then-hospital chain Los Angeles-based Prospect Medical Holdings extracted hundreds of millions of dollars from…

For Rapid City, S.D.-based Monument Health, the most significant near-term gains from AI aren’t at the bedside. They’re in the back office. “We’re really exploring what’s possible in the back office. It’s not necessarily something that is exciting for patients,…

King of Prussia, Pa.-based Universal Health Services is seeing almost no offset from commercial coverage as patients drop off the ACA exchanges, CFO Steve Filton said on the for-profit system’s July 28 earnings call.  Responding to an analyst question about…

Oroville (Calif.) Hospital reached an agreement July 27 with OroHealth Corp., its debtor-in-possession lender and master trustee, to amend its DIP loan documents and extend the hospital’s post-petition financing, according to a July 27 news release. The hospital sought Chapter…

Nashville, Tenn.-based HCA Healthcare recorded total revenue of $20.2 billion in the second quarter of 2026, an 8.7% increase year over year. The for-profit system operates in three geographically organized groups: HCA also operates seven hospitals in England, which are…

Ann & Robert H. Lurie Children’s Hospital of Chicago recorded operating income of $185.1 million through the third quarter of fiscal 2026 (11.1% operating margin), up from $76.6 million (5.4% margin) during the same period last year, according to its…