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Burlington, Mass.-based Tufts Medicine recorded an operating loss of $58.6 million (-2% operating margin) in fiscal 2025, an improvement from…
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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…
New Brunswick, N.J.-based St. Peter’s Healthcare System CFO Garrick Stoldt said his health system is feeling ready for the new traditional Medicare prior authorization pilot that is set to begin Jan. 1. “We’re a hybrid of employed physicians and community…
Fitch Ratings has issued a “neutral” outlook for the U.S. healthcare provider sector in 2026, pointing to stable credit trends, modest revenue growth, and potential margin pressure from rising labor costs and policy shifts. Here are five key takeaways from…
The U.S. healthcare system is undergoing a period of profound transformation, and few leaders are navigating it at the scale and complexity of Cleveland Clinic CFO Dennis Laraway. With cost pressures mounting from every direction, Mr. Laraway believes that now…
For Troy Spring, Salt Lake City-based Intermountain Health’s enterprise vice president of revenue cycle, being a strong leader in the field goes beyond having the analytic skill set. “You have to know all the details, but the name of the…
Three health systems struck new revenue cycle management partnerships between Dec. 9-10: 1. Batesville, Ind.-based Margaret Mary Health said Dec. 10 it is transitioning its revenue cycle operations to Revology, effective March 2. The critical access hospital said that the…