The Bellevue Hospital in Toledo, Ohio, is a step closer to becoming part of Sandusky, Ohio-based Firelands Health after a bankruptcy court approved the 50-bed hospital’s Chapter 11 reorganization plan, the Sandusky Register reported April 18.  Bellevue filed for Chapter…

Renton, Wash.-based Providence is pausing nonclinical hiring as part of a broader effort to ensure the health system’s financial sustainability, President and CEO Erik Wexler told employees April 17. In his message, which was shared with Becker’s, Mr. Wexler reflected…

Mid Coast Medical Center Trinity (Texas) will close April 25, after months of attempting to secure facility long-term sustainability and financial stability.  El Campo, Texas-based Mid Coast Health System, which manages and operates the facility, pointed to “significant financial challenges…

The U.S. Department of Government Efficiency (DOGE) has imposed new restrictions on federal healthcare grant payments, significantly slowing the distribution of funds to health centers and other grantees, according to 12 people familiar with the matter, as reported by The…

Since the implementation of the No Surprises Act (NSA) in January 2022, out-of-network (OON) reimbursement has become a complex and resource-heavy challenge for hospital and health system revenue cycle leaders. Although designed to shield patients from unexpected medical bills, the…

From shifting federal policies to rising inflation and uncertainty around reimbursement, health system CFOs across the country say 2025 is shaping up to be one of the most turbulent and complex years in recent memory.  The financial playbook that sustained…

Thirty-eight hospitals across 17 states have converted to rural emergency facilities since the law that created the designation took effect in January 2023, according to data from CMS. Here are the hospitals that have converted to rural emergency status, by…

The Borough of Ridley Park (Pa.) has declared an emergency due to Upland, Pa.-based Crozer Health’s ongoing financial struggles. The health system, which is part of Los Angeles-based Prospect Medical Holdings, secured $6 million the week of April 7 to…

Health systems are entering payer negotiations with a sharper edge — and far more data.  Amid mounting frustration over stagnant reimbursement rates, providers are taking more aggressive contracting strategies, pursuing multi-year rate increases and leaning heavily on price transparency tools…

Donald Trump issued an executive order Feb. 25 that would heighten price transparency enforcement for hospitals and health plans. If the order is enforced, big changes may be ahead for healthcare providers. “Payers and providers should expect more intensely analytical…