CMS has issued fines to 27 hospitals for alleged price transparency violations. Here are the fine amounts CMS has levied against those hospitals: *Hospital is appealing fine.

Revenue cycle management company MedEvolve has named Matt Seefeld its new president and CEO. Mr. Seefeld succeeds Matt Rolfes, who served as CEO since 2017, according to a June 10 MedEvolve news release. Mr. Rolfes will continue to serve as…

CMS has fined hospitals in Arkansas and Louisiana for alleged price transparency violations, according to a June 5 update on its enforcement website.  Paragould-based Arkansas Methodist Medical Center was fined $309,738 for its alleged violations. The 114-bed hospital was allegedly…

Despite rising operational costs and an evolving healthcare landscape, several health systems rebounded with strong financial performances in the first quarter of 2025. Below are 15 health systems that achieved operating gains during the three months ended March 31. Editor’s…

Hospitals that serve high volumes of Medicaid patients are voicing concern over a proposed rollback of a Medicaid payment policy enacted during President Donald Trump’s first term in the White House. The policy, implemented by the Trump administration in 2018,…

Cleveland-based University Hospitals recorded a $49.7 million operating loss (-3% operating margin) in the first quarter of 2025, an improvement from a $74.6 million operating loss (-4.9% margin), according to its June 10 financial report.   The system reported total operating…

Hospital CFOs and operations leaders face the unenviable task of balancing the backlog of capital renewal obligations while funding strategic initiatives that drive net patient revenue and long-term growth. Whether it’s modernizing HVAC systems or upgrading lighting and controls, these…

Fitch downgraded Meadowbrook, Pa.-based Holy Redeemer Health System’s credit rating to “B+” from “BB-” and placed the system on rating watch negative.   The downgrade reflects ongoing operating pressures, with an operating deficit continuing year-to-date in fiscal 2025 despite ongoing improvement…

Since taking on the role of CEO in January 2025, Erik Wexler has openly addressed Providence’s headwinds by taking several decisive actions to ensure financial sustainability: placing a freeze on nonclinical hiring, laying off about 4% of Portland, Ore.-based Providence…

Ontario, Calif.-based Prime Healthcare is eliminating about 100 positions at eight Illinois hospitals it acquired from St. Louis-based Ascension earlier this year.   “As we continue to offer and create opportunities, we are also evaluating alignment with best practices and support…