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More in Financial Management

Funding for safety-net hospitals relies on definitions that vary significantly, leading to big differences in which facilities qualify for support and how resources are distributed, according to a recent study from the University of Pennsylvania’s Leonard Davis Institute of Health…

St. Louis-based Ascension recorded an operating loss of $490.9 million (-1.6% operating margin) in fiscal 2025, an improvement from an operating loss of $1.8 billion (-6.3% margin) in 2024, according to its Sept. 17 financial report.  “The $1.3 billion year-over-year…

Athens, Ga.-based St. Mary’s Health Care System has shared plans to end labor and delivery services at St. Mary’s Sacred Heart Hospital in Lavonia, Ga., and consolidate them with those at its St. Mary’s Hospital in Athens, due to continued…

TriState Health, an independent critical access hospital in Clarkston, Wash., is navigating the complexities of rural healthcare expansion, federal and state funding gaps, and the operational demands of a multistate patient population. TriState Health’s approach to capital development blends methodical…

As scrutiny over nonprofit hospitals’ tax-exempt status intensifies, the American Hospital Association is making the case that the value these hospitals provide far exceeds the tax benefits they receive. In testimony submitted Sept. 16 to the House Ways and Means…

House Republicans have proposed a stopgap funding bill that would keep federal agencies operating through Nov. 21, but the proposal does not extend ACA enhanced premium tax credits. The bill, if passed, would avert a government shutdown on Oct. 1.…

Memorial Sloan Kettering Cancer Center in New York City plans to cut less than 2% of its workforce as part of cost reduction efforts, the organization confirmed to Becker’s. The cancer center faces a budget deficit of more than $200…

Congress is staring down a fast-approaching Sept. 30 government funding deadline. For hospitals and health systems, the outcome could shape years of strategy and operations. House Republicans are preparing to introduce a short-term continuing resolution to keep the government open…

Chesterfield, Mo.-based Mercy Health reported an operating income of $21.4 million (0.2% margin) for the fiscal year ending June 30, 2025, an 86% drop from the $157.4 million (1.7% operating margin) in fiscal 2024. Five things to know: 1. Operating…

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