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More in Financial Management

Cleveland-based University Hospitals posted an operating loss of $172.6 million in 2024 (-2.7% operating margin), an improvement from a $256.1 million operating loss (-4.4% margin in 2023), according to its April 7 financial report. University Hospitals reported total revenue of…

Hospital mergers and acquisitions dropped in the first quarter as the economic and political climate changed, according to Kaufman Hall’s “M&A Quarterly Activity Report: Q1 2025.” There were five transactions in the first quarter and no mega-mergers where the smaller…

Here are 25 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody’s Investors Service released in 2025. Note: This is not an exhaustive list. Health systems were compiled…

Ascension is unwinding its presence in Michigan’s acute care market, continuing a sweeping effort to reshape its national footprint and stabilize its finances. The St. Louis-based Catholic health system has plans to sell its remaining four hospitals in Michigan to…

CMS will pay Medicare Advantage plans $25 billion more in 2026 than in 2025.  The agency published the final rate notice for 2026 on April 7. CMS estimates MA plans will receive 5.06% higher payments in 2026.  The final rate…

Nurse shortages and mounting labor costs are among health system CEOs’ top concerns, and a new survey puts numbers to the financial risks hospitals face from nurse vacancies and churn.  The 2025 NSI National Health Care Retention & RN Staffing…

Piedmont Athens (Ga.) Regional Medical Center will lay off 95 environmental services department employees, effective June 2, according to an April 2 WARN notice.  The hospital is part of Atlanta-based Piedmont, a health system that comprises 25 hospitals, according to…

Envision Healthcare and its affiliates are laying off 120 employees who provide services at Baptist Health System in San Antonio.  The layoffs are effective May 31 and affect employees who provide hospital medicine and clinical support services through Envision Physician…

CVS Health CEO David Joyner earned $17.8 million in total compensation in 2024.  The company reported compensation data for its six highest-paid executives in its annual proxy report, published April 4.  Mr. Joyner was named CEO of the company in…

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