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More in Financial Management

New Jersey state Sens. Raj Mukherji and Brian Stack have shared plans to sponsor a $25 million supplemental appropriation to help combat the financial struggles that Jersey City, N.J.-based Hudson Regional Health’s Heights University Hospital, also in Jersey City, is…

The “payer mischief that has plagued” Chicago-based CommonSpirit over the past several years remains a top concern, CFO Daniel Morissette said on the health system’s Oct. 1 earnings call.  Mr. Morissette said that while he thinks the system has made…

Health system margins grew slightly in August to hit 1% again after dipping in July, according to Strata. The data analytics firm collected information from 1,850 hospitals and 1350,000 physicians to gauge healthcare financial trends. Health system margins have hovered…

Brewer, Maine-based Northern Light Health has shared plans to close its Waterville (Maine) walk-in clinic by the end of 2025, according to a Sept. 30 news release shared with Becker’s.  The closure will affect around 30 full- and part-time employees,…

The nation’s three largest nonprofit health systems — Chicago-based CommonSpirit Health, St. Louis-based Ascension and Livonia, Mich.-based Trinity Health — each narrowed their operating losses in fiscal year 2025 while maintaining positive net gains, signaling stabilization across a turbulent healthcare…

The federal government shut down at 12:01 a.m. Oct. 1 after lawmakers failed to reach a spending deal.  The Senate rejected both a Republican proposal and Democratic proposal in the hours before the shutdown, NBC News reported Sept. 30  Democrats…

Nashville, Tenn.-based HCA Healthcare, the largest health system in the country, is seeking finance chiefs at 10 of its hospitals.  Here are HCA’s current CFO openings, according to job postings found on the system’s website:

A rare opportunity exists for hospital leaders to rethink their role in addressing the opioid crisis. Billions of dollars from opioid litigation settlements are flowing to states, counties, and municipalities. While much of this money is earmarked for treatment and…

As hospital and health system finance leaders continue to navigate ongoing industry financial pressures, many are sharpening their focus on capital investments, employee benefits and labor, areas where cost discipline and long-term growth intersect.  Becker’s connected with CFOs from Dayton…

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