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More in Financial Management

Norman (Okla.) Regional Health System laid off 10% of its workforce, or around 270 positions, on June 2 and closed some of its clinics, according to a news release shared with Becker’s. The positions included nurses, physicians, advanced practice providers,…

New Hyde Park, N.Y.-based Northwell Health recorded $31 million in operating income (0.6% operating margin) during the first quarter of 2025, down from $72.9 million (1.6% margin) during the same period last year, according to its May 30 financial report.…

Sutter Health, a 24-hospital health system based in Sacramento, Calif., is investing $23 million to expand primary and behavioral health care across Del Norte and Lake counties. In a June 2 news release, the health system said the investments aim…

About 87% of hospitals offer free or discounted care, but the eligibility requirements vary greatly depending on the facility, a June 2 Lown Institute report found. In most states, hospitals set their own policies around free and discounted care, as…

In late May, Seacucus, N.J.-based Hudson Regional Health, a four-hospital system, was established as the last part of CarePoint Health’s exit from bankruptcy.  The new system comprises Secaucus-based Hudson Regional Hospital, Jersey City-based Christ Hospital, Hoboken (N.J.) University Medical Center,…

From Optum launching a new AI-powered revenue cycle platform to a Florida hospital striking an RCM partnership with Ensemble, here are eight RCM updates that Becker’s reported in May:  1. Cleveland Clinic, Altamonte Springs, Fla.-based AdventHealth and the University of…

The HHS Office of Inspector General published its semiannual report to Congress June 2, identifying $16.6 billion in actual and potential cost savings from October 2024 through March 2025.  Five things to know: 

Blythe, Calif.-based Palo Verde Hospital is at risk of shutting down due to financial challenges over resignations and months of litigation, The Desert Sun reported May 30. Becker’s reached out to the hospital, which remains open as of June 2. …

Charlotte, N.C.-based Advocate Health recorded an operating income of $329.1 million (3.6% operating margin) in the first quarter of 2025, up from $103.7 million (1.3% margin) during the same period last year, according to its May 30 financial report.  The…

The buzz around artificial intelligence (AI) in healthcare is louder than ever. If you’ve been to a conference or read any industry headlines recently, you’ve seen the excitement firsthand. In one recent survey, when healthcare leaders were asked, “If you…

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