President Donald Trump imposed and then temporarily paused a variety of tariffs against other countries over the last few weeks. The action includes a 145% tariff on Chinese imports announced April 10, according to Bloomberg. “The prospect of 104% tariffs…

Amid the ongoing challenges across healthcare, Todd Conklin, CFO of Providence, R.I.-Care New England, is keeping a close eye on potential federal policy changes like Medicaid cuts. “I work in a geographic area, a healthcare market with a disproportionately higher…

Hospitals in states most vulnerable to Medicaid funding reductions are preparing for what some leaders describe as a financial reckoning. If federal proposals to roll back Medicaid expansion move forward, hospitals could see a $31.9 billion loss in revenue and…

Moody’s upgraded Doylestown (Pa.) Health’s rating to “A3” from “B2” following Philadelphia-based Penn Medicine’s acquisition of the system.  Doylestown and Penn signed a nonbinding letter of intent in January 2024 to merge. Doylestown Health said that it had met certain…

Upland, Pa.-based Crozer Health has secured $6 million in funding to keep its two hospitals temporarily operational, but will transition out services like OB-GYN to avoid a shutdown, NBC Philadelphia reported April 10. The news comes after a lawyer for…

Despite economic volatility, Fitch still expects healthcare providers to experience a “modest margin expansion” this year due to easing inflationary pressures and reimbursement increases, according to an April 9 report. The firm anticipates healthcare providers will see Medicare and commercial…

Sioux Falls, S.D.-based Sanford Health is laying off about 96 people in leadership and administrative roles as part of its integration with Marshfield (Wis.) Clinic, the health system said in an April 8 statement shared with Becker’s. The move involves…

As reimbursement pressures mount and administrative burdens grow, hospitals and health systems are adopting a firmer stance in negotiations with payers — especially around Medicare Advantage. Some are even walking away from low-yield contracts, prompting renewed urgency from some payers…

Houlton (Maine) Regional Hospital has shared plans to close its inpatient labor and delivery unit,  effective May 2.  “Over the past several years, like many rural hospitals in Maine and across the nation, we have watched our labor and delivery…

New York City-based Mount Sinai Beth Israel has closed after it received approval from the Appellate Division of New York State Supreme Court, a spokesperson for Mount Sinai said in an April 8 statement shared with Becker’s.  Beth Israel had…