Some Dallas-based Steward Health Care employees did not receive their May 9 paychecks on time due to a "processing error" with Bank of America after the health system filed for Chapter 11 bankruptcy May 6.

R1 RCM is allowing its two biggest shareholders to discuss a potential joint buyout of the company, according to a regulatory filing. 

Massachusetts Gov. Maura Healey and Steward Health Care CEO Ralph de la Torre, MD, continue to assure the public that the health system's hospitals will provide good care despite the company recently filing for Chapter 11 bankruptcy protection.

East Orange, N.J.-based CareWell Health Medical Center is pushing back against the state's depiction of its financial situation as the state health department seeks a disaster plan, NJ.com reported May 8. 

Fitch Ratings revised Providence, R.I.-based Care New England's outlook from negative to stable. 

Kathy Parrinello, executive vice president and COO of University of Rochester (N.Y.) Medical Center, Strong Memorial Hospital, saw an opportunity to grow revenue by rethinking ancillary service line strategy, particularly in outpatient pharmacy.

R1 RCM posted a net loss of $35.1 million in the first quarter of 2024, compared to a net income of $1.6 million over the same period last year, according to the company's May 8 financial report. 

Dallas-based Steward Health Care has placed its 31 U.S. hospitals up for purchase to help offload its $9 billion debt after the health system filed for Chapter 11 bankruptcy, Reuters first reported May 7.

UnitedHealth Group's Optum has its own bank, but it has no branches and is dedicated solely to healthcare services.

Here is a look at Dallas-based Tenet Healthcare's payer mix in the first quarter of 2024, according to a Securities and Exchange Commission filing: 

Dallas-based White Rock Medical Center laid off nearly 35% of its staff and has resumed taking patients transported by emergency medical services after halting them temporarily due to the layoffs, The Dallas Morning News reported May 7. 

Carroll, Iowa-based St. Anthony Regional Hospital has completed its transition to a critical access facility, the Carroll Times Herald reported May 6. 

Steve Aleman, CFO of Ontario, Calif.-based Prime Healthcare knows a thing or two about healthcare real estate acquisition.

The decision to close McCurtain Memorial Urgent Care - Hochatown near Broken Bow, Okla., on April 28 has sparked confusion and controversy between local political and healthcare leaders. 

Kathryn Torres, senior vice president of payer contracting and alignment for Nashville, Tenn.-based HCA Healthcare, sold 1,863 shares of the company's stock on May 2 and May 3, according to a recent Securities and Exchange Commission filing. 

Medical Properties Trust, one of the world's largest hospital real estate owners and landlord to Dallas-based Steward Health Care, approved $75 million in debtor-in-possession financing for the health system after it filed for Chapter 11 bankruptcy.

Oakland-based Kaiser Foundation Hospitals is laying off 76 employees in California, primarily in IT and marketing, according to regulatory documents filed with the state May 1. 

CMS has rescinded its April 11 determination to terminate Modesto, Calif.-based Stanislaus Surgical Hospital's Medicare contract.

Medicare's hospital insurance trust fund is expected to run out in 2036, five years later than the fund's trustees projected last year. 

Dallas-based Tenet Healthcare started 2024 with a hospital selling spree that netted nearly $4 billion in gross proceeds.