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As hospital and health systems enter a new financial disruption era led by rising costs, the rapid adoption of AI…
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As hospital and health systems enter a new financial disruption era led by rising costs, the rapid adoption of AI and coverage loss, healthcare leaders are bracing for unprecedented changes. Over the next few years, the Congressional Budget Office projects…
Revenue cycle management company MedEvolve has been acquired by Emergence, a permanent equity firm providing long-term capital and tailored support to software companies. Under Emergence’s ownership, MedEvolve will expand its investment in data science, automation and AI-driven analytics, according to…
Democratic lawmakers in California have proposed a $23 billion state bond to replace federal research funding that was cut by the Trump administration, The New York Times reported Nov. 12. The proposal would create a state-run program — similar to…
Average nonprofit hospital margins hit 2.3% in September but performance was hampered by increased expenses and drug costs, according to Kaufman Hall’s “National Hospital Flash Report” released Nov. 12. The report outlines September financial data from 1,300 hospitals across the…
Springfield, Mo.-based CoxHealth ended fiscal year 2025 with a -2.4% operating margin, down from a 1.5% gain in the previous year, according to financial documents published Nov. 11. Six things to know: 1. CoxHealth reported a $58 million operating loss…
An agreement has been reached to keep two Rhode Island hospitals open through the end of November after owner Prospect Medical Holdings asked a bankruptcy court judge for permission to close the facilities or place them under the state’s control.…
Hartford-based Connecticut Children’s has filed a certificate of need to close an inpatient unit operating at St. Mary’s Hospital in Waterbury, Conn. The pediatric system linked the decision to staffing shortages, low volumes in the unit and financial challenges. “This…
The U.S. is home to nearly 400 health systems, with most hospitals now part of a larger network. The American Hospital Association’s latest data offers a snapshot of how the system landscape continues to evolve. Seven things to know: 1.…
President Donald Trump proposed that federal healthcare funding be directed to individuals rather than through insurers in a Nov. 8 post on Truth Social. “I am recommending to Senate Republicans that the Hundreds of Billions of Dollars currently being sent…
Rochester (N.Y.) Regional Health System has temporarily paused the start of the open enrollment period for employees, as it continues to “explore options for 2026 healthcare coverage,” the system confirmed to Becker’s in a Nov. 11 statement. The pause came…