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More in Financial Management

Hershey, Pa.-based Penn State Health recorded an operating income of $60.4 million (1.8% operating margin) through the first three quarters of fiscal 2025, up from $48 million (1.5% margin) during the same period last year, according to its May 29…

Detroit-based Henry Ford Health recorded an operating income of $77.5 million (2.4% operating margin) in the first quarter of 2025, down from an operating income of $98.5 million (4.5% margin) during the same quarter in 2024, according to its May…

Earlier this month, Cleveland Clinic announced a new policy requiring patients to pay their copays at or before check-in for nonemergency, outpatient appointments — with those unable to pay having their visits rescheduled. However, after significant community pushback, the health…

From ECU Health’s plans to reopen a closed North Carolina hospital as a rural emergency facility to a healthcare group aiming to reopen a shuttered Wisconsin hospital, here are four planned hospital reopenings that Becker’s has reported in 2025:  1.…

R1 RCM has received an investment from venture capital firm Khosla Ventures to further its push into AI-powered healthcare revenue cycle transformation.  Khosla Ventures is a leading backer of AI companies, according to a May 28 R1 RCM news release.…

Greenville, N.C.-based East Carolina University Health has revealed its plan to reopen Williamston, N.C.-based Martin General Hospital as North Carolina’s first rural emergency hospital.  The news comes after Martin County (N.C.) officials signed a nonbinding proposal with ECU Health in…

Secaucus, N.J.-based Hudson Regional Health, a four-hospital system, has been created as part of the final step in CarePoint Health’s bankruptcy exit. U.S. Bankruptcy Judge Kate Stickles approved the plan April 17, which went into effect May 22. The system…

CMS is ramping up federal oversight to prevent states from misusing federal Medicaid funds to care for undocumented immigrants.  Federal Medicaid funds generally only cover emergency care for “noncitizens with unsatisfactory immigration status” who meet other eligibility criteria, but some…

Hospitals and health systems in rural areas face enormous operational and financial challenges. Rural markets represent 20% of healthcare in the U.S. but 1 in 4 rural hospitals are at extreme risk of closure. Over half of independent hospitals in…

Beginning June 1, Cleveland Clinic will reschedule nonemergency, outpatient appointments for patients who cannot make their copay before or at check-in.  Services included in this policy change are scheduled office visits, diagnostic tests and procedures, according to the health system’s…

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