Healthcare finance news for hospital and health system leaders

Duluth, Minn.-based Essentia Health reported a 1.2% operating margin in fiscal 2026, down from 2.2% a year earlier, as expenses outpaced revenue growth ahead of its proposed merger with Bloomington, Minn.-based HealthPartners. Essentia reported $42.3 million in operating income for…

Moody’s said the planned merger of Chicago-based Rush University System for Health and Evanston, Ill.-based Endeavor Health has credit positive aspects for both organizations. The two systems signed a definitive agreement Oct. 14 for Endeavor to join Rush. The transaction,…

Watsonville (Calif.) Community Hospital could suspend its labor and delivery unit and neonatal intensive care unit amid ongoing financial challenges that have left the hospital with about eight days of cash on hand.  While no decision on the hospital’s service…

Despite facing headwinds such as increased labor and supply costs, several health systems reported operating gains for the period ended June 30, after posting operating losses during the same period last year. Here are 11 systems that returned to positive…

Portland-based Oregon Health & Science University reported an operating income of $135 million (2.2% margin) in fiscal year 2026, up from an operating loss of $118 million (-2.1% margin) in fiscal year 2025, according to the system’s Oct. 21 financial…

Somerville, Mass.-based Mass General Brigham has started a new round of layoffs, its second in less than two years, as the state’s largest health system aims to lift an operating margin its leaders say is too thin to sustain its…

David Nosacka spent his first six weeks as executive vice president and CFO of Morristown, N.J.-based Atlantic Health visiting each of the system’s eight hospitals.  Mr. Nosacka, who joined Atlantic Health in August, has since mixed in visits to the…

The new owners of the former Upland, Pa.-based Crozer-Chester Medical Center are working with Penn Medicine to see which services could return to the closed campus, but neither Penn Medicine nor any other health system has agreed to run the…

Rural hospitals stand to lose $1.6 billion in revenue in 2026 following the expiration of the ACA’s enhanced premium tax credits, according to an Oct. 13 report from the American Hospital Association. The report, “America’s Rural Hospitals at a Crossroads,”…

Black Book Research has identified eight revenue cycle management outsourcing expenses that hospitals and health systems should count when judging whether an outsourcing deal delivers a net financial benefit. The framework comes from an October 2026 report shared with Becker’s…