St. Luke’s Des Peres Hospital in St. Louis has been sold to Des Peres 270 Development LLC, a real estate investment firm, a spokesperson for the Chesterfield, Mo.-based health system confirmed with Becker’s. The 143-bed acute care facility closed Aug.…
Despite facing headwinds like increased labor and supply costs, several large healths reported positive operating performances in the most recent quarter after recording operating losses during the same period last year. Here are six health systems that drove operating margins…
From naming its first COO to opening a new hospital in Florida, here are eight things to know about Dallas-based Tenet Healthcare in 2025: 1. Through the first three quarters of 2025, Tenet recorded a net operating revenue of $5.3…
CMS Administrator Mehmet Oz, MD, has moved quickly to advance President Donald Trump’s “Make America Healthy Again” agenda in 2025. The push comes after President Trump this summer signed the One Big Beautiful Bill Act, a sweeping package of reforms…
Chesterfield, Mo.-based Mercy Health recorded an operating income of $70.2 million (2.6% operating margin) in the first quarter of fiscal 2026, up from an operating loss of $7.5 million (-0.3% margin) during the same period last year. Mercy reported total…
Oakland, Calif.-based Alameda Health System will lay off 296 employees as it deals with funding cuts related to H.R. 1. Affected workers will be notified on Jan. 6, and are employed across all system departments and disciplines, including administrative services,…
Stuart (Va.) Community Hospital will fully reopen Jan. 5, according to a Dec. 25 X post from Virginia state Delegate Wren Williams. The hospital, which was previously known as Pioneer Community Hospital of Patrick County, closed in 2017. It was…
Seven hundred fifty-six rural U.S. hospitals are at risk of closure due to financial problems, with more than 40% of those hospitals at immediate risk of closure. The counts are drawn from the Center for Healthcare Quality and Payment Reform’s…
Revenue cycle teams are entering a new era: one shaped by AI, intelligent tools and emerging roles. As technology rapidly evolves and new data science partners enter the space, health systems face growing pressure to match the automation capabilities payers…
Wilmington, Del.-based Nemours Children’s shared plans in early December to open an institute for maternal-fetal health aimed at improving care for expectant mothers facing serious fetal diagnoses. The Institute for Maternal Fetal Health at Nemours Children’s first location is set…
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