West Reading, Pa.-based Tower Health reported a positive operating margin for fiscal year 2025, marking its first annual profit since 2018, according to financial documents published Aug. 14.  Eight things to know: 1. For the 12 months ending June 30,…

Philadelphia-based Thomas Jefferson University, owner of Jefferson Health, recorded an operating loss of $196 million (-1.2% operating margin) in fiscal 2025, down from an operating income of $1.3 million (0% margin) in 2024, according to its Aug. 22 financial report. …

Willows, Calif.-based Glenn Medical Center plans to close its emergency department, with the hospital closing shortly after, following CMS’ plan to revoke its critical access hospital designation, effective Oct. 21. “We are absolutely heartbroken to have to make this decision,”…

Lumberton, N.C.,-based UNC Health Southeastern is coming off one of its strongest financial years in recent history, solidly positioning the system to help to weather any potential setbacks from the recently passed One Big Beautiful Bill Act.  UNC Health Southeastern…

As hospitals and health systems continue to face challenges like mounting financial pressures, workforce shortages and the rapid integration of new technologies, many organizations are rethinking their growth strategies – moving beyond local mergers toward regional and multi-state expansions.  Some…

Pittsburgh-based Allegheny Health Network recorded an operating income of $64 million (4.5% operating margin), up from an operating loss of $25.9 million (-2.1% margin) during the same period last year, according to its Aug. 21 financial report.  The system reported…

Adventist Health’s back-office services restructuring of 750 employees will affect around 300 corporate roles at its Roseville, Calif., headquarters, according to an Aug. 20 news release shared with Becker’s. On Aug. 6, the health system launched multiple financial sustainability initiatives,…

A regulatory loophole has allowed hundreds of large, urban hospitals to claim rural benefits, raising alarms from lawmakers and experts who warn that taxpayer dollars are being diverted from the very communities Congress intended to protect. In 2016, CMS revised…

Sacramento-based Sutter Health plans to close its Jackson, Calif.-based Sutter Amador Surgery Center on Oct. 3. In an open letter to the community, obtained by Becker’s, Sutter Amador Hospital CEO Michael Cureton, Sutter Amador Surgery Center’s ambulatory services administrator, Branden…

Hospital and health system CFOs continue to face mounting pressures, from ongoing workforce headwinds to sudden regulatory shifts. To meet these challenges, sometimes a CFO needs to step beyond their role as financial steward and act as a strategic partner…