America spends more on healthcare than any other OECD country of similar size and wealth. In 2023, $4.9 trillion flowed into ...
Portland, Ore.-based Legacy Health plans to close several clinics and programs across Oregon and Washington amid ongoing financial pressures, the system said in an Oct. 19 statement shared with Becker ...
With reimbursement shortfalls, rising labor costs, and state-level mandates squeezing margins, CFOs are being forced to balance mission preservation with financial viability.
Cash-strapped Garnet Health, which has racked up years of operating losses, signed a letter of intent Wednesday to make its three hospitals in the mid-Hudson and Catskills regions a part of Montefiore ...
Fairview Health Services is reporting an operating profit for 2024 that shows a major financial turnaround, including increased hospital admissions and surgery volumes as well as strong performance in ...
ChristianaCare and Main Line Health slashed their depreciation expenses by extending the maximum expected life of buildings ...
An Inquirer analysis showed that profit margins in the last three fiscal years are an average of 4 percentage points lower ...
Since the COVID-19 pandemic, Northeast Ohio hospital officials say their systems have laid off workers, deployed artificial intelligence and made changes to their real estate holdings to increase ...
America’s hospitals and health systems understand and share your concerns regarding the high cost of health care. Hospitals continue to face a perfect storm of financial pressures driven by persistent ...
Legacy Health will be closing clinics throughout Clark County starting Nov. 15 due to rising labor and supply costs, stagnant reimbursement rates and broader uncertainties in health care.
More than two dozen employees have been laid off from the Boston Health Care for the Homeless Program, as the network closes one of its facilities in Jamaica Plain. The healthcare system is shuttering ...