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More in Financial Management

Most health systems saw revenue climb in 2024 as patient volumes rebounded and provider productivity improved — a sign of recovery across the industry. But for many organizations, rising expenses still outpaced these gains, underscoring the ongoing financial pressures facing…

Hospital average operating margins dropped from 3.4% in January to 2.5% in February, but are still above 2024 averages, according to Kaufman Hall’s “National Hospital Flash Report.” Kaufman Hall, a Vizient company, gathered financial performance data from 1,300 hospitals. The…

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…

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