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More in Financial Management

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…

House Republicans have unveiled new healthcare legislation in the wake of votes in the Senate that failed to pass bills addressing expiring ACA enhanced subsidies.  Seven things to know: 1. The House Republicans’ proposal does not extend the enhanced subsidies…

Southern Tennessee Regional Health System Pulaski has suspended labor and delivery services following the departure of its last full-time obstetrician, a hospital spokesperson confirmed to Becker’s. The change took effect Dec. 11. Labor and delivery services are being transitioned to…

In late November, Ann Arbor, Mich.-based University of Michigan Health opened its $920 million D. Dan and Betty Kahn Health Care Pavilion in Ann Arbor, which marked a major capacity and modernization milestone for Michigan Medicine. The 12-story, 690,000-square-foot facility…

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