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Not-for-Profit Hospitals

Atrium Health to merge with Navicent

Atrium Health to merge with Navicent

Atrium Health, previously Carolinas HealthCare System, and Navicent Health signed a letter of intent to merge, the organizations announced Thursday.

Hospital profits continued their rise in 2016

Hospital profits continued their rise in 2016

The American Hospital Association's newly released 2018 report on hospital finance and utilization trends shows that collective profits among the nation's roughly 4,800 community hospitals increased to $76.1 billion in 2016, up from $73.3 billion in 2015.

Cooper backs out of Trinity hospital deal

Cooper University Health Care has dropped plans to buy three Trinity Health hospitals in New Jersey, citing compliance, legal, regulatory and operational reasons. The two systems signed a letter of intent in August.

Some California hospitals seek to cut charity care by more than half

Some California hospitals seek to cut charity care by more than half

A handful of California hospitals are asking the state's attorney general to let them lower their state-mandated charity care costs, after the AG's predecessor denied the requests. Now that more patients have insurance, the hospitals say the need for charity care is far lower.

Hospitals see increase in community benefit

Hospitals see increase in community benefit

Hospitals are having to cover more of the cost of caring for Medicaid patients, and that growing figure is being increasingly reflected in their community benefit reports that are used to defend their tax-exempt status.

Struggling CHI stands to benefit from merger with Dignity

Struggling CHI stands to benefit from merger with Dignity

More than a year after proposing a merger, Catholic Health Initiatives and Dignity Health have signed a definitive agreement to create the nation's largest not-for-profit hospital system in the country by operating revenue. The deal could speed up financially struggling CHI's turnaround.

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