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More in Financial Management

Chicago-based CommonSpirit Health recorded a $225 million operating loss (-0.6% operating margin) in fiscal 2025, an improvement from an $875 million loss (-2.4% margin) posted last year, according to the system’s Sept. 25 financial report.  Note: Figures are adjusted to…

Hospitals, physicians and other healthcare providers could lose more than $32.1 billion in revenue in 2026 should Congress allow ACA tax credits to expire at the end of 2025, according to a new Urban Institute analysis published by the Robert…

Insight Hospital and Medical Center Trumbull is facing two significant setbacks amid its push to reopen with its sister facility, Hillside Rehabilitation Hospital, both in Warren, Ohio. The two hospitals are owned by Flint, Mich.-based Insight Health System. On Sept.…

Hospitals that charge patients and insurers the highest markups for common surgeries also tend to deliver worse outcomes, according to new research published in JAMA Surgery. The study analyzed data from nearly 2,000 U.S. hospitals and found that those with…

A CMS pilot program that would add prior authorization for some traditional fee-for-service Medicare services has come under increased scrutiny by some members of Congress, including a call to pause the program.  The WISeR initiative The Wasteful and Inappropriate Service…

Greenville, Texas-based Hunt Regional Healthcare has shared plans to close its emergency departments in Commerce and Quinlan, both in Texas, on Sept. 30 at 7 p.m. due to financial losses, according to a Sept. 23 post on the hospital’s Facebook…

Freeport, Ill.-based FHN has withdrawn from a joint plan with Beloit (Wis.) Health System to build a 10-bed microhospital in Roscoe, Ill., citing financial challenges and anticipated reimbursement cuts stemming from the One Big Beautiful Bill Act. The two health…

Tallahassee-based Florida State University and Tallahassee Memorial HealthCare’s proposed partnership has the potential for “substantial positive” long-term impact on the health system, Moody’s said.  The university and health system on Sept. 16 signed an agreement that will transform the hospital…

Overlake Medical Center and Clinics, a nonprofit health system based in Bellevue, Wash., will cut 55 jobs as part of broader changes aimed at ensuring long-term financial stability. The layoffs will take effect Nov. 23 and span all areas of…

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