Chesterfield, Mo.-based Mercy, which operates 44 hospitals, has reported net income of $104.4 million for the fiscal year ending June 30 versus an almost $300 million net loss in the same period last year.
Four of the largest for-profit health systems in the country ended the second quarter with healthy operating margins, building on first-quarter performances as patient volumes rebound and spending on high-cost contract labor declined.
Shuttered Madera Community Hospital is attempting to sell off a 35.6-acre parcel of farmland to reduce some of its debt, according to a Sept. 15 Fresnoland report.
Burlington-based the University of Vermont Medical Center has had its plans for a 10 percent increase of commercial insurance rates struck down, according to a Sept. 14 WCAX report.
Claims submission is the revenue cycle management stage where providers are most frequently seeing backlogs, according to a Sept. 14 report from Plutus Health.
The California Department of Health Care Services has restricted a hospital from accepting new patients at its pediatric intensive care unit until dozens of safety concerns are addressed, the Los Angeles Times reported Sept. 15.
The Frodert and the Medical College of Wisconsin health network has tapped Xealth, a digital health platform, to enroll its employees into the Omada Health virtual care program.