Community Health Systems to exit North Carolina Community Health Systems to exit North Carolina Community Health Systems to exit North Carolina

Community Health Systems to exit North Carolina

Community Health Systems will sell Lake Norman Regional Medical Center and Davis Regional Medical Center in North Carolina to Novant Health in a deal expected to close this year.

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AdventHealth lost $839M in 2022 after gains in 2021AdventHealth lost $839M in 2022 after gains in 2021AdventHealth lost $839M in 2022 after gains in 2021

AdventHealth lost $839M in 2022 after gains in 2021

AdventHealth's operating expenses grew 11% in 2022, squeezing the health system's finances.

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Bright Health must raise $300M to stay afloat, execs sayBright Health must raise $300M to stay afloat, execs sayBright Health must raise $300M to stay afloat, execs say

Bright Health must raise $300M to stay afloat, execs say

The insurtech Bright Health has just weeks to raise about $300 million after overdrawing a credit line, CEO Mike Mikan told investors.

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Defense attorney grills key witness in Outcome Health caseDefense attorney grills key witness in Outcome Health caseDefense attorney grills key witness in Outcome Health case

Defense attorney grills key witness in Outcome Health case

Rishi Shah's defense attorney took his shots at star witness Ashik Desai, who testified as part of a plea deal with prosecutors.

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Privia Health holds its own against digital health headwindsPrivia Health holds its own against digital health headwindsPrivia Health holds its own against digital health headwinds

Privia Health holds its own against digital health headwinds

The Arlington, Virginia-based physician enablement company posted a net income of $17.8 million in the fourth quarter, boosting its share price on Tuesday.

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Mayo Clinic's profit drops by more than 50% in 2022 with hospitals near capacityMayo Clinic's profit drops by more than 50% in 2022 with hospitals near capacityMayo Clinic's profit drops by more than 50% in 2022 with hospitals near capacity

Mayo Clinic's profit drops by more than 50% in 2022 with hospitals near capacity

Mayo Clinic's expenses increased by $1.18 billion, or 8.1%, to $15.7 billion in 2022, including a 37% jump in contract labor spending.

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Clover Health cuts losses by reducing Medicare Advantage marketingClover Health cuts losses by reducing Medicare Advantage marketingClover Health cuts losses by reducing Medicare Advantage marketing

Clover Health cuts losses by reducing Medicare Advantage marketing

Clover Health revenue increased 136.1% to $3.4 billion in 2022.

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Humana seeks up to $1.25B with bond issuesHumana seeks up to $1.25B with bond issuesHumana seeks up to $1.25B with bond issues

Humana seeks up to $1.25B with bond issues

Humana plans to use the proceeds to pay off debt, sustain operations and offset the costs of its Kindred At Home acquisition.

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Nominations close Friday for 50 Most Influential Clinical ExecutivesNominations close Friday for 50 Most Influential Clinical ExecutivesNominations close Friday for 50 Most Influential Clinical Executives

Nominations close Friday for 50 Most Influential Clinical Executives

Nominations have been extended to 11:59 PM Pacific time on Friday.

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Universal Health Services' quarterly profit drops 27% Universal Health Services' quarterly profit drops 27% Universal Health Services' quarterly profit drops 27%

Universal Health Services' quarterly profit drops 27%

The company said its behavioral healthcare facilities in particular have been unable to fill job openings and forced to limit patient volumes.

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