Chicago-based CommonSpirit Health’s California division is massive, with 29 hospitals and 125 ambulatory care sites. The division contributes $12 billion in annual revenue to the health system’s $40.1 billion, and has more than 1,200 physicians and advanced practice providers. The…

Santa Rosa (Calif.) Memorial Hospital, part of Renton, Wash.-based Providence, has set a March 27, 2026, deadline for shuttering its inpatient children’s unit, according to a statement shared with Becker’s. The hospital said in October it would close the eight-bed…

Optum, UnitedHealth Group’s services arm, is shuttering three community centers in the Kansas City area. Optum’s website showed its Converge KC facility in Kansas City, Mo., the Millcreek facility in Shawnee, Kan., and its North Kansas City, Mo., location as…

Greenwood (Miss.) Leflore Hospital and the state Medicaid program have reached a temporary agreement to limit repayment of disputed funds while a court reviews the matter in the wake of a Dec. 18 public hearing. “The hospital repaid $1.1 million…

The No Surprises Act (NSA) came into effect in 2022 and aims to protect patients from surprise medical bills in certain scenarios, such as emergency care and out-of-network care provided at in-network facilities. However, the Act is facing payer-side legal…

Here are 33 health systems that have had their credit ratings upgraded by Fitch Ratings or Moody’s Investors Service in 2025: Advocate Health’s member organizations Advocate Aurora Health and Atrium Health were upgraded to “Aa2” from “Aa3,” and Atrium Health…

Less than three weeks into December, the month has seen a new wave of healthcare bankruptcies as three providers across Arizona, California and Kansas have sought or are planning to seek bankruptcy protection. The filings cite the need to preserve…

A resolution before the Montgomery County Commission that would have provided an additional $7.5 million in financial support to Jackson Hospital in Montgomery, Ala., failed Dec. 16 to garner a required majority to win approval. The resolution failed on a…

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 50 health systems…

Healthcare bankruptcies stabilized somewhat in 2024, but financial pressures have carried over into 2025. Amid rising costs, workforce shortages and reimbursement challenges, many hospitals, health systems and healthcare organizations have been pushed to seek bankruptcy protection.