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More in Financial Management

Joseph Abrutz, administrator of Cameron (Mo.) Regional Medical Center, recently penned a letter to President Donald Trump calling for urgent federal reforms to sustain rural hospitals — particularly so-called “tweener” facilities that fall between critical access and larger hospital classifications.…

Nashville, Tenn.-based HCA Healthcare’s TriStar Health has shared plans to file a certificate of need application for a $286 million hospital in Clarksville, Tenn. TriStar Clarksville Hospital would comprise 68 beds and 213,000 square feet, according to TriStar Health’s website. …

Over the last few months, Dallas-based Steward Health Care has been subject to increased scrutiny regarding the health system's troubled finances and the status of its more than 30 hospitals across eight states. 

From seeking Chapter 11 protection on May 6 to sharing plans to close four of its hospitals across Massachusetts and Ohio that would result in a combined 2,187 layoffs, Dallas-based Steward Health Care has experienced a great deal of turbulence…

Sharon (Pa.) Regional Medical Center has fully reopened under Tenor Health Foundation, a hospital turnaround company, as Sharon Regional Health System, The Business Journal reported May 29.  The hospital, which previously was owned by Dallas-based Steward Health Care, shut its…

Three more hospitals closed in May, bringing the 2025 total to 16 closures as financial pressures — especially in rural areas — continue to mount. With potential cuts to Medicaid and little relief in sight, closures unfortunately show no sign…

Cincinnati-based UC Health is transitioning away from providing long-term post-acute inpatient and skilled nursing care ahead of the closure of its post-acute facility and the planned sale of its assisted living community.  The move marks an evolution of the academic…

Katie Keim, senior vice president and CFO of Springfield, Ill.-based Memorial Health, has been with the five-hospital health system for 20 years and in her current role since 2019, but her roots in the community it serves go back even…

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