Few CFOs remain in their roles long enough to witness two decades of transformation in healthcare finance — but Garrick Stoldt is not your typical CFO. Now in his 21st year as CFO of St. Peter’s Healthcare System in New…

As health systems continue to grapple with financial pressures from rising labor and supply costs and reimbursement challenges, days cash on hand remains an important measure of financial stability.  Here are the days cash on hand at 30 health systems…

Fresno, Calif.-based Community Health System has eliminated 285 clinical nursing supervisor positions as part of a broader restructuring that leaders say is necessary to meet shifting patient care and staffing needs.  In March, the health system sent a notice to…

Revenue cycle management company Med-Metrix will lay off 142 employees on June 20, due to the closure of Upland, Pa.-based Crozer Health, Penn Live reported June 5.  Med-Metrix provided RCM services to the health system, whose owner, Prospect Medical Holdings,…

Baltimore-based Johns Hopkins University is taking steps to prepare the organization for potentially “devastating federal cuts” that could affect its ability to provide care to its community. In a June 2 letter to the university community, Johns Hopkins President Ron…

Nonprofit hospitals are seeing margins improve as patient demand for care soars, according to Kaufman Hall’s “National Hospital Flash Report” released June 5. Kaufman Hall, a Vizient company, analyzed data from 1,300 hospitals collected by Strata Decision Technology for its…

A sweeping Republican tax and healthcare overhaul, President Donald Trump’s “One Big Beautiful Bill,” would result in 10.9 million more Americans becoming uninsured by 2034, according to a report published June 4 by the Congressional Budget Office. The legislation, passed…

Missoula, Mont.-based Providence St. Patrick Hospital has shared plans to close its family maternity center due to “the current and anticipated challenges facing the healthcare industry,” a Providence spokesperson said in a June 4 statement shared with Becker’s. The hospital,…

Amid ongoing financial challenges, workforce shortages and declining birth rates, many hospitals and health systems are being forced to close maternity services in 2025.

Intermountain Health’s Peaks Region (formerly Broomfield, Colo.-based SCL Health) is a regular winner of the Healthcare Financial Management Association’s MAP Award and Kodiak Solutions’ Top Performing Revenue Cycle Award, but that success wasn’t always a given.  “We were getting regular…