Springfield, Mass.-based Baystate Health — which operates four hospitals, including the level 1 trauma facility Baystate Medical Center — reported a net loss of $327.4 million in the year ending Sept. 30 2022.

JPMorgan CEO Jamie Dimon said the federal reserve "may very well" raise the interest rate to 6 percent, a move higher than most officials and Wall Street strategists are anticipating, Yahoo Finance reported Jan. 10.  

Seven revenue cycle management companies — including Ventra Health and R1 RCM — have announced executive leadership changes since Nov. 8:

The Madera (Calif.) County Board of Supervisors is looking into allocating half of its remaining American Rescue Plan Act funding to resume operations at Madera Community Hospital. The city's sole hospital for about 150,000 residents shut its doors just before…

Employees at Las Vegas-based Desert Springs Hospital Medical Center have been notified of layoffs coming to the facility, which will transition to a freestanding emergency department, The Las Vegas Review-Journal reported Jan. 10.

Cash prices for COVID-19 screenings spiked in December during the tripledemic, according to the most recent U.S. Health Care Price Index released Jan. 10.

Declining margins, decreasing patient volumes and strained payer relationships are among the core challenges facing hospitals and health systems as the labor crisis exacerbates operational issues and inflation drives up the cost of drugs, equipment and supplies.

Pittsburgh-based Allegheny Health Network has been forced to temporarily close its AHN Express Care East urgent care center in Harborcreek Township, Pa., due to a shortage of nurses, GoErie reported Jan. 10.

There are too many hospital projects chasing too little government funding in Wyoming, a  hospital CEO has complained after an application for federal funding for expansions and updates at his location was tabled, a Jan. 10 Buffalo Bulletin report said.

Health system mergers and acquisitions dipped in the second half of 2022 as hospitals looked to address urgent challenges including staff shortages, inflation and the rising costs of labor, supplies and energy.