Bel Air, Md.-based University of Maryland Upper Chesapeake Health, a member of the University of Maryland Medical System, has received a $20 million donation.

CMS issued the 2025 Medicare Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System Final Rule Nov. 1, with several new elements for hospital outpatient departments.

CMS has issued its 2025 final rule for the home health payment system, increasing payments by 0.5% ($85 million) over 2024. 

Jersey City, N.J.-based CarePoint Health Systems filed for Chapter 11 protection on Nov. 3.

CMS released its 2025 physician payment rule, which includes a 94 cent (2.83%) conversion factor decrease from 2024. 

Durham, N.C.-based Duke University Health System and UnitedHealthcare have reached a multi-year agreement after months of negotiations to keep 172,000 Duke Health patients in-network, effective Nov. 1. 

Providence Swedish in the South Puget Sound region of Washington state will close a majority of its outpatient physical, occupational, and speech therapy programs, according to a news release shared with Becker's.

Hannibal (Mo.) Regional Healthcare System's rating was downgraded to "BBB-" from "BBB+" by Fitch. 

Dallas-based Baylor Scott & White Health posted an operating income of $1.2 billion (7.9% operating margin) in fiscal 2024, up from $982 million (7% operating margin)  posted in 2023, according to its Nov. 1 financial report. 

Franciscan Missionaries of Our Lady Health System, a 10-hospital system headquartered in Baton Rouge, La., reported $188 million in operating income (4.9% margin) in the fiscal year ending June 30, a $241 million improvement on the $53 million loss (-1.5% margin) in the previous fiscal year. 

Nashville, Tenn.-based HCA Healthcare posted revenues of $17.5 billion in the third quarter of 2024, up from $16.2 billion over the same period in 2023. 

Indianapolis-based Indiana University Health saw $173 million in operating income (2.5% margin) for the first nine months of 2024 ended Sept. 30, a 32.2% decrease from the $255 million (4% margin) during the same time period in 2023, according to an Oct. 31 financial report shared with Becker's.

The third quarter marked contrasting financial outcomes for four of the largest for-profit health systems in the country. 

Texas Children's Hospital North Austin Campus closed its urgent care center in August, a spokesperson for Houston-based Texas Children's Hospital confirmed with Becker's. 

In a rare achievement among health systems, Gardner, Mass.-based Heywood Healthcare successfully emerged from bankruptcy on Sept. 30 as a standalone entity, with its original leadership team intact.

Transitioning from fee for service into value-based care has big challenges for health systems. But it doesn't have to become a monumental change.

St. Christopher's Hospital for Children struggled financially for years, but other local health systems and institutions won't let it sink.

CMS has selected a sub-state region in New York and Rhode Island to participate in cohort 3 of the States Advancing All-Payer Health Equity Approaches and Development (AHEAD) Model.

Seventy-five percent of patients say medical bills are too complicated, according to a new survey from Flywire, a payments platform; that figure is up from 65% in 2021.

Nashville, Tenn.-based HCA Healthcare and Dallas-based Tenet Healthcare gave updates on their 2024 outlooks with the releases of their third-quarter earnings reports.