CVS Health had a challenging 2025 and it may take another year or two to stabilize, according to ratings firm Fitch.
Category: ROOT
Providence files motion to dismiss lawsuit over emergency abortion care
Providence St. Joseph Hospital in Eureka, Calif., has filed a motion to dismiss a lawsuit brought by the state attorney general, which alleged the hospital unlawfully denied an emergency abortion to a woman diagnosed with a condition that threatened he…
Mercy dips into the red with -0.3% margin in FYQ1: 5 things to know
St. Louis-based Mercy reported an operating loss of $7.5 million (-0.3% margin) in the first quarter of fiscal 2025 (the three months ending Sept. 30), down from a $25.8 million operating gain (1.2% margin) in the first quarter of fiscal 2025.
Average cost of healthcare data breach, by year
The average cost of a healthcare data breach decreased slightly in 2024, according to the American Hospital Association’s 2025 Environmental Scan report.
Water issues disrupt operations at 3 East Coast hospitals
Water issues at hospitals in three states resulted in diverted care and transferred patients.
Steward insurer pushes court to demand payment from system
TRACO, an insurance affiliate of Dallas-based Steward Health Care, filed a Dec. 26 complaint in bankruptcy court alleging that the for-profit health system has failed to repay funds despite court orders authorizing payments, jeopardizing insurance cove…
39 health systems ranked by Q3 revenue
Health system financial metrics have shown steady improvement throughout 2024, positioning hospitals for greater financial stability heading into 2025 compared to last year, according to Kaufman Hall.
UNC Health Rex faces religious discrimination lawsuit
Raleigh-based University of North Carolina Health Rex is facing a lawsuit from the Equal Employment Opportunity Commission accusing the provider of failing to accommodate an employee’s religious beliefs and firing her for failing to get vaccinated for …
Health system debuts Arizona's 1st minimally invasive pulmonary valve replacement
Scottsdale, Ariz.-based HonorHealth’s cardiology team is the first in the state to perform transcatheter pulmonary valve therapy using Medtronic’s Harmony technology, Arizona Digital Free Press reported Dec. 26.
EEOC alleges religious discrimination in UNC Health vaccine lawsuit
Raleigh-based UNC Health Rex, a private, nonprofit health system that is part of Chapel Hill, N.C.-based UNC Health, has been sued by the U.S. Equal Employment Opportunity Commission for alleged religious discrimination.
