Astria Toppenish (Wa.) Hospital is set to close its maternity ward Jan. 14, citing financial losses, fewer deliveries and reduced Medicaid reimbursement among its reasons for shuttering, Yakima Herald-Republic reported Dec. 15.

Boston-based Mass General Brigham posted a $432 million loss (-2.6 percent operating margin) for the fiscal year ending Sept. 30, with inflation, workforce shortages and a worsening capacity crisis continuing to affect the health system's financial performance. 

Tampa (Fla.) General Hospital, one of the largest hospitals in the U.S. with 1,040 licensed beds, is launching a concierge practice based in Jupiter, Fla., and has hired its first physician for the facility.

The contemporary hospital or health system CFO is a strategic partner to the CEO and is involved in virtually every aspect of the organization, from mergers and acquisitions to restructuring, strategic planning and patient experience and outcomes. 

A number of health systems experienced downgrades to their financial ratings in recent weeks amid ongoing operating losses, declines in investment values and challenging work environments.

Healthcare added almost 45,000 jobs in November, but many hospitals and health systems will continue to struggle to meet staffing needs, retain top executives and providers, and foster long-term pipelines for talent, Ted Chien, president and CEO of independent consulting…

Thirty-eight percent of Americans are confused by their medical bills, according to a Dec. 16 survey from Akasa, a revenue cycle firm that uses artificial intelligence.

The Federal Reserve may have done exactly what it was expected to do this week when raising interest rates another 50 basis points but its continued hawkish tone appears to be spooking the markets.

Pikeville (Ky.) Medical Center will lay off 112 employees by year's end as it outsources its environmental services department. 

CMS should be commended for "taking important steps to increase oversight of Medicare Advantage plans," the American Hospital Association said in statement Dec. 15.