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Rochester, Minn.-based Mayo Clinic recorded an income from current activities of $442 million (8.1% margin) in the third quarter of…
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Rochester, Minn.-based Mayo Clinic recorded an income from current activities of $442 million (8.1% margin) in the third quarter of 2025, up from an income of $232 million (4.8% margin) during the same period last year, according to its Nov.…
Warren, Ohio-based Insight Hospital and Medical Center Trumbull’s agreement with Medicare has still not been restored following its Oct. 10 termination, a spokesperson for both the hospital and CMS confirmed to Becker’s. Flint, Mich.-based Insight Health System purchased the Trumbull…
Cincinnati-based UC Health has imposed a hiring freeze through the end of the year, according to an internal health system email obtained by The Cincinnati Enquirer. The email was sent to employees Nov. 19 and said the freeze will affect…
Livonia, Mich.-based Trinity Health is continuing to lean into its “run, evolve and transform” framework to mitigate the effects of healthcare industry headwinds and evolving legislative pressure, such as the One Big Beautiful Bill Act. In its Nov. 19 financial…
The financial performance of some of the country’s largest nonprofit and for-profit health systems in the third quarter of 2025 reflects a sector making cautious strides toward stability, but not all players are on equal footing. For-profit systems — including…
In a year marked with significant healthcare financial headwinds, legislative uncertainties and significant changes, many industry financial leaders have had to zero in on a strong mindset to drive organizational success. As we look to 2026, Becker’s connected with three…
Louisville, Ky.-based UofL Health closed the ICU at its Shelbyville (Ky.) Hospital Nov. 10, according to a statement shared with Becker’s. “The six-bed ICU opened about four years ago, in the midst of the ongoing COVID surge,” the statement said.…
Dallas-based Baylor Scott & White Health recorded an operating income of $518 million (11.3% margin) in the first quarter of fiscal 2026, up from an operating income of $369 million (9.1% margin) during the same period last year, according to…
Quarterly results from four of the country’s largest nonprofit health systems — CommonSpirit, Providence, Trinity Health and Ascension — spotlight an industry still caught between progress and pressure. Despite signs of stabilization, the four nonprofit giants continue to wrestle with…
The Illinois Health Facilities and Services Review Board has approved St. Louis-based Ascension’s plans to transition inpatient obstetrics services from Ascension Alexian Brothers in Elk Grove Village to Ascension St. Alexius Women and Children’s Hospital in Hoffman Estates, a health…