CVS Health has shared plans to close its three MinuteClinic locations in Utah by Dec. 7.

A coalition of healthcare workers and community advocates are urging New York Gov. Kathy Hochul to maintain inpatient services at University Hospital at Downstate in Brooklyn after the state shared plans in January to significantly reduce or potentially close the facility. 

Ascension has made several changes this year to strengthen its leadership structure and business strategy.

Kansas City-based University of Kansas Health System reported an operating income of $26.8 million (2.2% margin) in the first quarter of fiscal 2025 (the three months ended Sept. 30), reversing a $15.4 million loss (-1.5% margin) in the same period last year. 

Irving, Texas-based Christus Health recorded an operating income of $49 million (2.1% operating margin) in the first quarter of fiscal 2025, down from an operating income of $96.1 million (4.5% margin) during the same period last year, according to its Nov. 27 financial report.  

Like many financial healthcare leaders, Jim Heilsberg, CFO of Clarkston, Wash.-based Tri-State Memorial Hospital and Medical Campus, navigates the challenging landscape of rural healthcare while maintaining the balance between growth and financial constraints.

While healthcare bankruptcies are down overall in 2024, the industry has faced significant financial instability this year, with bankruptcies continuing across hospitals, health systems, and other healthcare organizations. Amid mounting financial pressures from workforce shortages, rising operational costs, and declining reimbursement rates, many organizations have struggled to sustain operations. 

New York City-based Montefiore Health System reported $147.4 million in operating income (2.3% margin) for the nine months ending Sept. 30, a significant turnaround from the $28.6 million loss (-0.5% margin) reported during the same period last year. 

California was CommonSpirit's top-performing market in terms of margins in the first quarter of fiscal year 2025 (the three months ending Sept. 30) but the Chicago-based system's South region, which includes Texas and Kentucky, "remains challenged," Benjie Loanzon, senior vice president and corporate controller, said during the company's Dec. 2 earnings call. 

Dayton, Ohio-based Premier Health reported an operating loss of $12 million (-1.9% margin) in the three months ended Sept. 30, 2024, an improvement from a $28.3 million operating loss (-4.9% margin) during the same time period in 2023, according to its most recent financial report. 

Executives from Chicago-based CommonSpirit said on a Dec. 2 investor call they are still expecting to receive roughly $1.3 billion in one-time payments before the end of the fiscal year. 

Cincinnati-based Bon Secours Mercy Health, a 49-hospital system, posted a $46.5 million operating loss (-1.4% margin) in the third quarter, improving on the $67.5 million loss (-2.1% margin) reported in the third quarter of 2023.

Pennsylvania filed an emergency motion Dec. 1 in bankruptcy court after Dallas-based Steward Health Care requested $3 million per month by Dec. 2 for its Sharon (Pa.) Regional Medical Center or it would begin closing the 163-bed hospital. 

Pittsfield, Ill.-based Illini Community Hospital, part of Quincy, Ill.-based Blessing Health System, has shared plans to close its child care center Feb. 28, 2025.

Escondido, Calif.-based Palomar Health, a two-hospital system, reported a $165.1 million operating loss (-18.5% margin) for the fiscal year ending June 30, a notable slump from the $29.5 million loss (-3% margin) posted in the previous fiscal year. 

Hamilton (Texas) Healthcare System has named Janice Lewis vice president of revenue cycle, according to a post on her LinkedIn page. 

Wayne Medical Center in Waynesboro (Tenn.) on Dec. 1 transitioned to the designation of rural emergency hospital, according to The Daily Herald.

St. Louis-based Ascension reported a $221 million operating loss (-3.1% margin) in the first quarter of its fiscal year, the three months ending Sept. 30, compared to a $193.7 million operating loss (-2.7%) in the same quarter last year.

A group of Vermont legislators is calling on Burlington-based University of Vermont Health Network to reconsider its planned service cuts, NBC 5 reported Nov. 27.

Two Northwest Texas Healthcare System freestanding emergency departments in Amarillo have reopened after closing in late November due to hospital contractor NES Health's failure to pay employees.