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More in Financial Management

More than 1,500 healthcare workers and community members sent a petition to New Jersey Gov. Phil Murphy and the state’s department of health on Oct. 12 to request emergency funding to keep Jersey City-based Hudson Regional Health’s Heights University Hospital,…

Many nonprofit hospitals and health systems have made steady progress on financial turnarounds since the end of the COVID-19 pandemic — though others continue to struggle — but new and persistent challenges threaten to derail those efforts. Operating margins have…

Marlton, N.J.-based Virtua Health’s credit rating was upgraded to “AA” from “AA-” by Fitch.  The upgrade reflects Virtua’s reduced credit risk with several years of strong and stable operating performance following its successful integration of Camden, N.J.-based Lourdes Health, Fitch…

More than half of children’s hospital patients rely on Medicaid or CHIP, yet private equity is moving steadily into pediatrics, a sector that has received far less attention than adult care. While headlines focus on nursing homes, physician groups, and…

The pending closure of Select Specialty Hospital–South Dakota, part of Mechanicsburg, Pa.-based Select Specialty Hospital, will result in 90 employee layoffs, according to an Oct. 7 WARN notice. The hospital, which is located inside Sioux Falls, S.D.-based Sanford USD Medical…

Kaiser Permanente is laying off 216 workers in California, primarily positions in IT and food services, according to a statement from the organization shared with Becker’s. The layoffs will occur across more than a dozen locations in San Mateo, San…

As hospitals across the U.S. continue to feel financial strain from tightened margins, rising costs and workforce shortages, California has emerged as a hot spot, with rural facilities grappling with bankruptcies, emergency department shutdowns and increased uncertainty regarding their long-term…

Publicly traded for-profit health systems posted double-digit operating margins in the second quarter of 2025, while many nonprofit systems hovered closer to break-even. Below is a ranking of 25 health systems based on their operating margins for the most recent…

Amid the buzz and uncertainty surrounding the recently passed One Big Beautiful Bill Act’s $50 billion Rural Health Transformation Program, Charleston, W.Va.-based Vandalia Health is hoping to get a chunk of that funding to aid its telehealth and mobile medicine…

The city council of Montgomery, Ala., unanimously voted Oct. 7 to approve a non-binding resolution of intent to aid the city’s struggling Jackson Hospital. “No funding was approved,” a spokesperson for the city council said in an Oct. 9 statement…

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