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Franklin, Tenn.-based Community Health Systems reduced its debt load Dec. 15 by redeeming portions of two series of senior secured…
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Franklin, Tenn.-based Community Health Systems reduced its debt load Dec. 15 by redeeming portions of two series of senior secured notes. Through its wholly owned subsidiary, CHS/Community Health Systems, the system redeemed all $13.7 million in outstanding principal of its…
Northwell Direct, a direct-to-employer healthcare network and benefits solution arm of New Hyde Park, N.Y.-based Northwell Health, has entered into a direct healthcare contract with 32BJ Health Fund, the union health fund representing 100,000 building service workers in the New…
The One Big Beautiful Bill Act’s changes to premium subsidies and Medicaid eligibility are projected to reduce hospital revenue nationwide by $68.5 billion over 2026 and 2027, according to a Dec. 15 report from Premier. Six things to know: 1.…
Phoenix-based Banner Health is implementing a cashless payment system across its facilities, an initiative the 33-hospital system said will increase efficiency, reduce operational costs and enhance security. The initiative comes after Banner conducted a comprehensive assessment and determined that cashless…
Laura Bruno, controller and CFO of Brattleboro (Vt.) Memorial Hospital, exited her role Dec. 12. The move comes in the wake of the board saying in late November that the hospital’s president and CEO, Christopher Dougherty, would not be returning…
Salt Lake City-based Intermountain Health completed a systemwide Epic transition Sept. 6, consolidating eight EHR systems across its 33 hospitals into one platform. Now three months in, the transition has stabilized, with improved operational and revenue cycle performance as the…
Here are 33 health systems that recently had their outlooks upgraded by Fitch Ratings or Moody’s Investors Service in 2025. Note: This is not an exhaustive list. Health systems were compiled from credit rating reports. Billings (Mont.) Clinic–Logan Health’s outlook…
More Americans than ever believe the U.S. healthcare system is in crisis, according to a Dec. 15 article from Gallup. The West Health-Gallup Health and Healthcare Survey was conducted Nov. 3-25 and included responses from 1,321 U.S. adults. Here are…
Burlington, Mass.-based Tufts Medicine recorded an operating loss of $58.6 million (-2% operating margin) in fiscal 2025, an improvement from an operating loss of $250.7 million (-9.5% margin) in 2024, according to its Dec. 14 financial report. 1. Tufts Medicine…
Hospital bad debt and charity care costs continue to rise nationally, with growth accelerating in several regions since 2022, according to Kaufman Hall’s “National Hospital Flash Report” released Dec. 10. On a per-calendar-day basis, national bad debt and charity care…