Scottsdale, Ariz.-based HonorHealth’s credit rating was downgraded to “A” from “A+” by Fitch. The downgrade reflects higher-than-expected strategic spending and weaker operating results during the integration of assets it acquired from Dallas-based Steward Health Care in 2024, Fitch said in…
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Cincinnati-based Bon Secours Mercy Health recorded an operating income of $305.6 million (2.2% operating margin) in 2025, up from an operating income of $133.3 million (1% margin) in 2024, according to its March 19 financial report. The system reported total…
Mark Whalen has spent the better part of three years helping Philadelphia-based Jefferson Health get bigger. Now he’s focused on helping it get better. Mr. Whalen served as Jefferson’s chief integration officer through its combination with Lehigh Valley Health Network…
In the last year, health systems across the country have been implementing innovative primary care models to meet rising demand for appointments and address physician burnout. Nationally, primary care physician supply is expected to meet 73% of demand by 2037;…
Stryker said it has contained a cybersecurity incident that disrupted its operations earlier this month and is continuing to restore affected systems, though some customers are still facing delays. The medical technology company disclosed in a March 19 update on…
Charlottesville, Va.-based UVA Health has opened a central pharmacy facility to support its expanding specialty and home delivery pharmacy services. The 40,000-square-foot center, located in North Fork, Va., features an automation system designed to process up to 4,000 prescriptions per…
Researchers at Washington University School of Medicine in St. Louis found stopping GLP-1 medications is linked to a 22% increase in heart attack, stroke and death after two years. The study, published March 18 in BMJ Medicine, follows more than…
A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages. Here are 19 department closures or services that are ending or have…
Hammes broke ground on an expansion at Specialists Hospital Shreveport (La.), a physician-owned surgical hospital focused on spine and orthopedics, according to a March 19 news release. The project will expand on surgical capabilities, sterile processing and central sterile services capacity. Hammes…
A federal judge has ruled that HHS Secretary Robert F. Kennedy Jr. exceeded his authority by issuing a declaration late last year that threatened to withhold federal funding from hospitals that offer certain gender-affirming care to minors, The New York…