Steward Health Care to close Massachusetts hospital amid financial troubles

The for-profit operator said low reimbursement rates and financial challenges will cause it to shutter the 182-bed facility.

By Susanna Vogel • Dec. 6, 2023

US hospitals forecast 9% capex growth to support elective procedure backlog: survey

The Baird survey of 38 health system CFOs forecasts that hospital capital spending growth in 2024 will slow from a 13% jump this year.

By Nick Paul Taylor • Dec. 6, 2023

Explore the Trendline➔

Provider burnout

Hospitals are still struggling with provider burnout, after the COVID-19 pandemic exacerbated underlying staffing issues and prompted workers to quit their jobs.

By Healthcare Dive staff

Nonprofits’ 2024 outlook still ‘deteriorating,’ Fitch says

Next year will be another “make or break” year for the nonprofit sector, with success determined by hospitals' labor agenda.

By Susanna Vogel • Dec. 5, 2023

BrainChild Bio spins out of Seattle Children’s to develop cancer drugs

The company plans to develop CAR-T cell therapies to treat pediatric brain tumors.

By Gwendolyn Wu • Dec. 5, 2023

Mass General Brigham cuts workers in its tech division

The cuts, which came less than a month after workers were offered voluntary separation agreements, will impact fewer than 20 employees.

By Susanna Vogel • Dec. 4, 2023

Cleveland Clinic posts slimmer operating losses in Q3

The Ohio-based health system struggled financially during its fiscal year 2022. However, rising patient demand has since cut the nonprofit’s operating losses.

By Susanna Vogel • Dec. 4, 2023

Lifepoint Health and Ascension Saint Thomas announce joint venture

The health systems will jointly operate four-hospital Highpoint Health in Tennessee, though Lifepoint will retain majority ownership. 

By Susanna Vogel • Dec. 4, 2023

HCA Healthcare buys 11 emergency centers in Texas

The acquisition comes after HCA announced it was investing billions to expand its emergency and high acuity service lines.

By Sydney Halleman • Dec. 4, 2023

Striking nurses reach tentative deal with RWJUH after months on picket line

More than 1,700 nurses in New Jersey have been on the picket line since August. On Friday, the union and hospital system announced a tentative deal.

By Susanna Vogel • Dec. 4, 2023

CHS sells three Florida hospitals for $294M

The divestiture will allow the for-profit hospital chain to focus on markets that can produce higher growth and returns, according to Community Health Systems’ leadership.

By Emily Olsen • Dec. 1, 2023

Providence, struggling to rebound, posts more losses in Q3

The Washington-based nonprofit battled rising expenses despite having targeted recovery plans in place.

By Susanna Vogel • Nov. 30, 2023

Highmark Health’s insurance business boosts earnings

The insurance arm pushed the healthcare parent company to positive results during the first nine months of 2023 after its provider arm, Allegheny Health, reported an operating loss.

By Susanna Vogel • Nov. 29, 2023

Hospitals continue post-COVID recovery: Kaufman Hall

Margins and volumes are still stabilizing above pandemic levels, according to a new report from the consultancy.

By Emily Olsen • Nov. 29, 2023

Cleveland Clinic, Canon to establish medical imaging research center

Joint research projects will focus on pre-clinical imaging, human imaging and image analysis in cardiology, neurology and musculoskeletal medicine.

By Susanna Vogel • Nov. 28, 2023

Ardent Health Services fully restores patient portal after ransomware attack

The hospital operator said all MyChart features were operational as of Jan. 9, about six weeks after the Thanksgiving attack.

By Emily Olsen • Updated Jan. 16, 2024

Advocate Health slows growth in Q3

The nonprofit remained in the black for the first nine months of 2023, but performance dipped slightly in the third quarter.

By Susanna Vogel • Nov. 27, 2023

340B drug discount program yields mixed evidence on how hospitals use funds

Researchers reviewed almost 300 pieces of literature on 340B and found some studies suggested hospitals were using savings from the program for purposes “seemingly unrelated” to patient care.

By Rebecca Pifer Parduhn • Nov. 27, 2023

Intermountain Health financials are in the black, but down from 2022

The Salt Lake City-based operator posted $912 million in net income for the first nine months of 2023, down from the $2.2 billion reported last year.

By Susanna Vogel • Nov. 22, 2023

Mount Sinai Health System names new CEO

The health system's head of emergency medicine, Brendan Carr, will replace the long-standing CEO early next year.

By Susanna Vogel • Nov. 22, 2023

PeaceHealth will pay up to $13.4M to settle charity care probe

The Washington-based nonprofit said their policies center care, "not maximizing collections." The state's attorney general said the hospital failed to notify patients about financial assistance options.

By Susanna Vogel • Nov. 21, 2023

University of Minnesota to reacquire medical center from Fairview

The plan comes months after Fairview Health Services told the university it wouldn’t renew their current partnership, saying it was “unsustainable” for the health system.

By Emily Olsen • Updated Feb. 12, 2024

Where are all the nurses? Hospitals, advocates disagree on crisis

Hospitals and nursing unions clash on what’s driving sluggish application rates for open registered nurse positions — a lack of qualified candidates or a lack of interest.

By Susanna Vogel • Nov. 21, 2023

FTC sues to block John Muir Health’s acquisition of Tenet hospital

Regulators allege the $142.5 million deal to buy the remaining stake in San Ramon Regional Medical Center would further reduce competition and drive up prices.

By Emily Olsen • Nov. 20, 2023

Mass General Brigham sued after hundreds potentially exposed to HIV, hepatitis

Salem Hospital is offering free testing to about 450 patients who may have been exposed. However, a lawsuit filed Thursday says the hospital acted negligently. 

By Susanna Vogel • Nov. 20, 2023

Novant Health buys 3 Tenet hospitals in South Carolina for $2.4B

The buy comes after regulators sued last week to halt Novant's purchase of two hospitals in North Carolina.

By Emily Olsen • Updated Feb. 1, 2024