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More in Financial Management

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…

Select Specialty Hospital – South Dakota, which is part of Mechanicsburg, Pa.-based Select Specialty Hospital but located inside Sioux Falls-based Sanford USD Medical Center and Hospital, is closing, a spokesperson for Sioux Falls-based Sanford Health confirmed with Becker’s.  The closure…

Health systems aiming to strengthen revenue cycle performance but constrained by budgets, expertise or technology are increasingly turning to end-to-end outsourcing partnerships, according to a report from KLAS Research. From July 2023 to May 2025, 14 systems struck new end-to-end…

Healthcare CFOs’ tenures last an average of 4.7 years, according to a September report from Crist Kolder Associates. Here are the tenures of the CFOs at the 10 largest health systems in the U.S. (Health system size is determined by…

The eighth day of the federal government shutdown was marked by another round of failed votes on a pair of dueling funding bills.  Here are four updates to know on the government shutdown as it entered its second week: 1.…

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