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More in Financial Management

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Freeport, Ill.-based FHN has withdrawn from a joint plan with Beloit (Wis.)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…

The Coming Storm in Healthcare Finance America’s healthcare system is heading toward a breaking point. By 2030 the US will face a shortage of more than 86,000 physicians. Hospital margins are razor thin, especially in rural communities, and federal plans…

While hospital financial assistance programs help protect low-income patients from overwhelming medical costs, a loophole in the system has left many with unexpected bills, even when they qualify for “full” coverage of hospital charges, CBS News reported Sept. 22. Nonprofit…

John Day, Ore.-based Blue Mountain Hospital District has laid off nine employees — including five mid-level leadership positions — citing several financial challenges, including looming Medicaid cuts.   CEO Misty Robertson said in a Sept. 16 news release that the layoffs,…

The number of hospitals facing readmission penalties of at least 1% is set to increase in fiscal year 2026, according to preliminary data from CMS released Sept. 19.  Beginning Oct. 1, 240 hospitals (8.1%) will be subject to penalties of…

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