Birmingham, Ala.-based Medical Properties Trust, one of the world's largest healthcare real estate owners, has completed the $160 million sale of a hospital and seven freestanding emergency department facilities to San Francisco-based Dignity Health, part of Chicago-based CommonSpirit Health.

Three publicly traded for-profit health systems raised their 2024 financial outlooks in the release of their second quarter earnings reports: 

Tenet Healthcare CEO Saum Sutaria, MD, said that as the for-profit system fully emerges from the pandemic, its "repositioned portfolio of businesses is generating stronger results with attractive margins and strong free cash flow generation."

King of Prussia, Pa.-based Universal Health Services posted a net income of $289.2 million in the second quarter of 2024, a 68.8% increase from the $171.3 million it posted in the same quarter last year, according to its July 24 earnings report. 

Franklin, Tenn.-based Community Health Systems reported an operating income of $238 million (7.6% margin) in the second quarter, down slightly from $246 million (7.9% margin) during the same period last year.

All of Dallas-based Steward Health Care's Massachusetts hospitals have received some form of a bid, a spokesperson for Massachusetts Gov. Maura Healey confirmed with Becker's.

The economy is the top external risk worrying CFOs, according to Deloitte's "CFO Signals Survey 2Q 2024."

It's been a financially challenging last few years for Burlington, Mass.-based Tufts Medicine, but the health system remains dedicated to providing strong patient care and is working diligently to get back to a healthier place. 

Yale New Haven (Conn.) Health is in active planning mode and strategizing about the future ahead of its new fiscal year, which begins Oct. 1, CFO Gail Kosyla told Becker's.

In recent years, hospitals and health systems have started using a decade-old database that houses information on industry payments to physicians to ensure compliance and manage conflicts of interest, The Wall Street Journal reported July 23. 

Dallas-based Tenet Healthcare saw a net income of $259 million in the second quarter of 2024, a nearly 111% increase from $123 million for the same quarter in 2023, according to its July financial report. 

The R1 RCM special committee has set a July 31 deadline for interested parties to submit fully-financed bids in connection with its review process. 

Cleveland-based University Hospitals CFO Bradley Bond aims to capitalize on the health system's Epic installation by strengthening revenue capture and improving cash flow in the third and fourth quarters. 

Medicare Advantage accounted for around 1 in 4 inpatient hospitals days in 2022, according to a report from KFF published July 23. 

Medicaid has historically been HCA Healthcare's "most challenging payer" but the health system is anticipating a $200 million to $400 million boost from Medicaid supplemental payment programs in 2024, CFO Mike Marks said July 23 during the health system's second-quarter earnings call. 

Three of Dallas-based Steward Health Care's hospitals that failed to receive bids were part of a recent bankruptcy court inspection filing that found some room for patient care improvement. However, the filing also found no material issues impacting patient care that would require immediate bankruptcy court attention. 

Nashville, Tenn.-based HCA Healthcare's board of directors authorized a $0.66 per share cash dividend to be paid on Sept. 30. 

Operational experience is the top factor CFOs look for in identifying potential successors, according to Deloitte's "CFO Signals Survey 2Q 2024."

Nashville, Tenn.-based HCA Healthcare posted a net income of nearly $1.5 billion in the second quarter of 2024, up from $1.2 billion over the same period in 2023, according to the for-profit health system's July 23 finance report. 

Norman (Okla.) Regional Health System is closing its flagship Norman Regional Hospital and emergency department and relocating services to another location on July 28.