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Health system operating margins dipped below 1% in July as supply and drug expenses surged, according to Strata. The healthcare…
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Health system operating margins dipped below 1% in July as supply and drug expenses surged, according to Strata. The healthcare data analytics firm surveyed financial data for more than 1,600 hospitals to benchmark performance. Five things to know: 1. Hospital…
The U.S. Department of Health and Human Services will expand access to catastrophic health plans beginning Nov. 1 through new hardship exemption guidance, the agency announced Sept. 4. The expanded eligibility may reduce uncompensated care burdens for hospitals and health…
Wausau, Wis.-based Aspirus Health plans to reduce staff by seven certified nursing assistant roles in areas where the system has implemented care delivery changes. “To be clear, this staffing transition focuses on patient care,” a spokesperson for Aspirus said in…
Great Falls, Mont.-based Benefis Health System has struck a revenue cycle management agreement with Ensemble Health Partners. Under the partnership, Ensemble will manage end-to-end revenue cycle operations across Benefis’ hospitals and clinics, according to a Sept. 3 news release from…
Charlotte, N.C.-based Advocate Health recorded an operating income of $824.4 million (4.4% operating margin) in the first half of 2025, up from $449.9 million (2.7%) during the same period last year, according to its Aug. 29 financial report. The system…
CMS on Sept. 2 unveiled policy and operational updates to the Achieving Healthcare Efficiency through Accountable Design Model, a state total cost of care initiative launched in 2023 to curb spending, improve population health and advance health equity. Six things…
New York City-based Montefiore Health System recorded an operating loss of $17.9 million (-0.4% operating margin) in the first half of 2025, down from an operating income of $32.3 million (0.8% margin) during the same period last year, according to…
With a government shutdown looming at the end of September, hospital executives face a familiar but urgent question: What will happen to critical healthcare programs if Congress fails to act? As lawmakers return to Washington, D.C., from summer recess, the…
The University of Texas at San Antonio merged with The University of Texas Health Science Center at San Antonio on Sept. 1 to become The University of Texas at San Antonio. The University of Texas System shared plans to merge…
Moody’s downgraded Portland, Ore.-based Legacy Health’s rating to “A2” from “A1.” The downgrade comes after the termination of Legacy Health’s proposed merger with Portland-based Oregon Health & Science University in May. In the days following the termination, Moody’s placed Legacy’s…