finance

Upland, Pa.-based Crozer-Chester Medical Center closed May 2 as part of Prospect Medical Holdings’ court-approved plan to shutter Upland-based Crozer Health, NBC Philadelphia reported May 2.  Crozer-Chester’s emergency department closed April 30 prior to the wider 300-bed hospital closure.  Crozer…

Oakland, Calif.-based Kaiser Permanente laid off 38 California employees across multiple locations April 21, according to multiple WARN notices. The positions were primarily business function-related and do not provide patients direct care, a spokesperson for Kaiser said in an April…

The 39 leaders featured in this article are speaking at Becker’s 10th Annual Health IT + Digital Health + RCM Conference. The conference will take place Sept. 30th – Oct. 3rd at the Hyatt Regency in Chicago. If you’d like…

Across the U.S., maternity services at hospitals, particularly in rural areas, are disappearing at an alarming rate.  Over the last five years, more than 100 rural hospitals have closed or are planning to close their labor and delivery services, according…

Hospital closures, specifically in rural and underserved areas, have become a growing concern among many healthcare leaders, as they drive up costs and patient demand for other area facilities while leaving affected communities without proper care access.  Becker’s has reported…

Ontario, Calif.-based Prime Healthcare will withdraw the level 2 trauma designation at its Aurora, Ill.-based Mercy Medical Center after the Illinois Department of Public Health revoked it due to absence of essential services needed to maintain the designation. “As stated…

Franklin, Tenn.-based Community Health Systems has no immediate plans to sell hospitals following an active $1 billion hospital divestiture plan over the last few years.  CHS shared plans in April to sell Cedar Park (Texas) Medical Center for $460 million…

Franklin, Tenn.-based Community Health Systems saw $284 million in operating income (9% margin) in the first quarter of 2025, up from $231 million (7.4% margin) during the same period in 2024. Six things to know:  1. Net operating revenue was…

Irving, Texas-based Christus Health broke ground April 22 on an $84 million hospital in Cabo San Lucas, Mexico. The more than 450,000-square-foot, 75-bed facility will offer cardiology, oncology, emergency care, family medicine, gynecology, neurosurgery, pediatrics and specialized clinics, according to…

Ontario, Calif.-based Prime Healthcare is temporarily suspending pediatric inpatient services at its Joliet, Ill.-based St. Joseph Medical Center after averaging less than one patient daily at the unit. Around eight employees and two physicians will be affected by the service…