Across the country, health systems are rethinking their reliance on legacy PBMs. Instead of outsourcing, more organizations are bringing PBM functions in-house to take back control, capture savings, and create new revenue streams. This move toward PBM insourcing puts organizations…

Urban hospitals have faced mounting pressures in recent years, with closures outpacing new openings from 2019 to 2023, according to a recent report from the Government Accountability Office. The GAO reviewed five urban hospitals that closed in 2022 and 2023…

Massachusetts Gov. Maura Healey signed a $234 million legislative package Sept. 22 to provide relief for hospitals and community health centers, including those strained by shifts in payer mix, rising expenses and increased demand for services. About 40 hospitals in…

Willows, Calif.-based Glenn Medical Center is fast-tracking the planned closure of its emergency department due to staffing shortages, according to a Sept. 22 Facebook post from the hospital. Both the 25-bed hospital and its ED were set to close Oct.…

Healthcare providers are navigating one of the most turbulent financial landscapes in recent memory. U.S. healthcare spending is projected to reach $5 trillion, representing 18% of GDP, while medical costs are rising at an 8% annual rate—the fastest in more…

PeaceHealth plans to sell approximately 50 acres of residential and undeveloped property near Sacred Heart Medical Center at RiverBend in Springfield, Ore. The parcel sits along the McKenzie River and is zoned for medium-density residential, the Vancouver, Wash.-based health system…

Forty-one percent of providers surveyed said they are facing claim denial rates of 10% or higher, up from 38% in 2024, according to a Sept. 22 report from Experian Health. Experian’s “2025 State of Claims” report is based on a…

Hope-based Southwest Arkansas Regional Medical Center is planning to request $3 million from the state to help provide financial support, stabilize operations and keep its doors open, Shelby Brown, chief administrative officer for the hospital, confirmed with Becker’s.   “As we…

Nearly 3,000 U.S. general acute care hospitals could see an 11.7% to 13.3% cut in their operating margins in 2027 related to upcoming Medicaid work requirements, according to a Commonwealth Fund analysis published Sept. 18.  Those percentages equate to $10.9…

St. Louis-based Ascension is ramping up its push into outpatient care and ancillary services, signaling a strategic pivot after years of acute care divestitures and operational realignment. The 95-hospital, Catholic health system is accelerating growth in outpatient services, investing in…