Vancouver, Wash.-based PeaceHealth reported a $92.3 million operating loss (-2.2% margin) for the fiscal year ended June 30, narrowing from a $153.3 million loss (-3.9% margin) in fiscal 2025, according to audited financial statements issued Sept. 25. Seven things to…
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David Callender, MD, president and CEO of Houston-based Memorial Hermann Health System, will retire at the end of the year after seven years leading the system, according to a Sept. 28 news release shared with Becker’s. Alec King, executive vice…
Chicago-based CommonSpirit has promoted Julie Morgan to system vice president of physician enterprise revenue cycle, according to a post on her LinkedIn page. In her new role, Ms. Morgan will lead professional fee revenue cycle strategy and operations across the…
Financial pressure — from Medicaid cuts to rising labor and technology costs — has pushed a growing number of hospitals and health systems to hand IT functions to outside vendors this year. Below are four health systems that have outsourced…
Keene, N.H.-based Cheshire Medical Center will close its Farnum Inpatient Rehabilitation Unit by Oct. 30, citing low utilization and unsustainable costs. The unit has stopped accepting new referrals and admissions, and current patients will complete their treatment there, CEO and…
In the 1989 film “Field of Dreams,” Kevin Costner’s Iowa farmer tears up a cornfield to build a baseball diamond on the faith of a whispered promise: “If you build it, he will come.” The idea was building a baseball…
Employers are turning to consultants, AI coaching tools and more frequent check-ins to give their Generation Z employees the clear, regular direction those workers say they crave, The Wall Street Journal reported Sept. 27. Advice for managers includes asking how…
Health systems are expanding partnerships with Big Tech companies as they race to deploy AI, modernize infrastructure and improve patient care. Here are seven collaborations involving Amazon, Apple, Google, Microsoft and Nvidia reported on in the past month: 1. Google…
The Trump administration said Sept. 25 it is repealing $810 million in federal funding for immigration programs, minority care, and grant funding for research such as patient safety and healthcare quality for transgender patients. Most of the cuts are focused…
Here are 77 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 2026. Note: This is not an exhaustive list. Health systems were compiled…