A resolution before the Montgomery County Commission that would have provided an additional $7.5 million in financial support to Jackson Hospital in Montgomery, Ala., failed Dec. 16 to garner a required majority to win approval. The resolution failed on a…
The Latest
As health systems continue to grapple with financial pressures from rising labor and supply costs and reimbursement challenges, days cash on hand remains an important measure of financial stability. Here are the days cash on hand at 50 health systems…
Marietta, Ga.-based Wellstar Health System has launched a new company that uses AI to help health systems comply with constantly shifting regulatory requirements. The 11-hospital system’s innovation and venture capital arm, Catalyst by Wellstar, spun off Polysight with $1 million…
Healthcare bankruptcies stabilized somewhat in 2024, but financial pressures have carried over into 2025. Amid rising costs, workforce shortages and reimbursement challenges, many hospitals, health systems and healthcare organizations have been pushed to seek bankruptcy protection.
Providence, R.I.-based Brown University Health — formerly known as Lifespan — reported $4.4 billion in revenue and a 0.9% operating margin for the fiscal year ended Sept. 30, 2025, as it continues efforts to stabilize finances and grow through its…
HHS on Dec. 18 proposed new rules that would end federal funding to any hospital that provides gender transition care to minors. Federal officials said CMS will start a rulemaking process to bar hospitals from providing gender-affirming care — including…
Wesley Medical Center in Wichita, Kan., has named Lawrence Verfuth, DO, as its new chief medical officer, Wichita Business Journal reported Dec. 17 Dr. Verfuth joined the hospital Dec. 8. He previously served for eight years as CMO of HCA…
AdventHealth Riverview (Fla.) is nearly doubling its hospital capacity with a $50 million expansion just one year after the $263 million facility opened in late October 2024. “As early as summer 2025, we were dealing with pressure points that we…
Mergers, affiliations and long-standing clinical partnerships have become increasingly fragile amid evolving financial pressures, shifting strategic priorities and growing regulatory scrutiny. Over the past four years, several high-profile hospital deals have been terminated — some before agreements were finalized, others…
Employers’ commitment to advancing women’s careers continues to decline, and for the first time, fewer women than men are interested in being promoted, according to McKinsey’s “Women in the Workplace 2025” report. The report, conducted in partnership with LeanIn.Org, includes…