Wyoming's State Loan and Investment Board approved a $10 million grant to build a new hospital in Riverton, Cowboy State Daily reported Nov. 17.

Revenue cycle management company Versalus Health has named Jay Ahlmer president. 

Flemington, N.J.-based Hunterdon Healthcare System suffered an over 200 percent drop in net income in the nine months ending Sept. 30, compared to the same period last year, reporting a net loss when comparing all revenue with expenses of $30.6…

The U.S. Senate must take the opportunity to fix prior authorization by passing the Improving Seniors Access to Care Act, the American Medical Association said in a Nov. 17 post on its website. 

Rochester, Minn.-based Mayo Clinic reported a strong third-quarter operating margin despite challenges from workforce shortages and inflation.

Bellin Health and Gundersen Health plan to begin operating as a combined health system Dec. 1, creating a $2.4 billion organization.

Buffalo, N.Y.-based Catholic Health had its credit rating downgraded and is in danger of defaulting on its covenants, Moody's said Nov. 17.

The University of Vermont Health Network, a six-hospital system, posted $90 million in fiscal year 2022 losses (-3.3 percent margin), but provided details on how it plans to improve revenue, reduce expenses, and recruit and retain talent in 2023, according…

It has been one of the worst financial years for hospitals and health systems, and few are immune to tight budgets. Even large health systems have made cuts to their workforces, and entire states have reported sinking into the red.

Milwaukee and Downers Grove, Ill.-based Advocate Aurora Health reported a multimillion-dollar net loss but stable credit financial outlook Nov. 15 as the system looks to merge with Charlotte, N.C.-based Atrium Health.