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More in Financial Management

Three more hospitals closed in May, bringing the 2025 total to 16 closures as financial pressures — especially in rural areas — continue to mount. With potential cuts to Medicaid and little relief in sight, closures unfortunately show no sign…

Cincinnati-based UC Health is transitioning away from providing long-term post-acute inpatient and skilled nursing care ahead of the closure of its post-acute facility and the planned sale of its assisted living community.  The move marks an evolution of the academic…

Katie Keim, senior vice president and CFO of Springfield, Ill.-based Memorial Health, has been with the five-hospital health system for 20 years and in her current role since 2019, but her roots in the community it serves go back even…

Here are 13 health systems that have had their credit ratings upgraded by Fitch Ratings or Moody’s Investors Service in 2025: Baylor Scott & White Health was upgraded to “Aa2” from “Aa3” by Moody’s. The upgrade reflects the Dallas-based system’s…

The average operating margins for U.S. health systems improved slightly from 0.9% in March to 1.1% in April, the fourth month of minimum fluctuation, according to Strata’s Monthly Healthcare Industry Financial Benchmarks. However, average margins dropped from 2.3% in May…

Hershey, Pa.-based Penn State Health recorded an operating income of $60.4 million (1.8% operating margin) through the first three quarters of fiscal 2025, up from $48 million (1.5% margin) during the same period last year, according to its May 29…

Detroit-based Henry Ford Health recorded an operating income of $77.5 million (2.4% operating margin) in the first quarter of 2025, down from an operating income of $98.5 million (4.5% margin) during the same quarter in 2024, according to its May…

Earlier this month, Cleveland Clinic announced a new policy requiring patients to pay their copays at or before check-in for nonemergency, outpatient appointments — with those unable to pay having their visits rescheduled. However, after significant community pushback, the health…

From ECU Health’s plans to reopen a closed North Carolina hospital as a rural emergency facility to a healthcare group aiming to reopen a shuttered Wisconsin hospital, here are four planned hospital reopenings that Becker’s has reported in 2025:  1.…

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