The Ledger

51.6 million dollars: that is the operating loss Tufts Medicine posted for the fiscal year that just closed, a dramatic improvement from a 214 million dollar loss the year before, and it is still enough for the health system’s board to push out its chief executive and chief financial officer. Tufts Medicine announced that CEO Mike Dandorph, who has led the four-hospital eastern Massachusetts system since January 2020, will step down at the end of September once fiscal year 2026 closes, and CFO Andrew DeVoe will also depart after two years in the role. Current chief operating officer Phil Okala moves up to CEO; Greg Kruse, the system’s vice president of strategic operations and analytics intelligence, takes over budget planning and some financial services duties while Tufts runs a national search for a permanent CFO. Board chair Phil Lembo called it the “right time” for the change as the system enters “the next phase of our financial turnaround with greater focus, discipline and purpose,” and Dandorph said the move is “in the best interest” of the organization. The system previously cut 174 jobs in 2024 and 70 administrative positions in 2023, and sold its laboratory testing business to Labcorp, eliminating roughly 600 more roles. Confidence: High on the leadership change, effective dates and fiscal year loss figures, which come directly from the health system’s own statement as reported by trade press; Medium on a separately reported 31.8 million dollar first quarter fiscal 2026 operating loss, which this run found only in trade press coverage citing the system’s own numbers rather than a company filing retrieved directly. Sources: Tufts Medicine CEO, CFO to step down amid ‘next phase’ of financial turnaround, Becker’s Hospital Review, Tufts Medicine CEO, CFO step down, Healthcare Dive, Tufts Medicine CEO Mike Dandorph, CFO Andrew DeVoe to step down, Modern Healthcare.

83 facilities: that is how many locations a South Carolina hospital system had to close after a malware attack, and more than two weeks later some are still shut, a real-time look at what ransomware actually costs a health system in lost operating days. FRONTIER SCAN. AnMed Health, a nonprofit system running 106 facilities around Anderson, South Carolina, was hit by a malware-related cyberattack July 26, 2026 that knocked out its network, including email, phones and its MyChart patient portal, forcing the temporary closure of 83 locations; emergency departments, urgent care, laboratory and integrated therapy sites stayed open throughout. Ten days after the attack, 10 facilities, including several outpatient imaging sites, remained closed, and as of the system’s tenth public update on August 5, AnMed said only that it continues “working to fully restore” its systems, without giving a completion date or disclosing a financial cost estimate. AnMed separately warned patients that scam communications impersonating its MyChart appointment reminders were circulating during the outage. Confidence: High on the attack date, facility closures and AnMed’s own statements; Low on the current facility count and total cost, since this run’s most recent verifiable figures date to August 5 and AnMed has not published a tally of lost revenue or restoration costs. Sources: Cyberattack forces temporary closure of 83 AnMed facilities, TechTarget, 10 AnMed facilities remain closed a week after cyberattack, Healthcare Dive, AnMed Systems Disruption Update 10, AnMed Health.

213 million dollars: that is what a musculoskeletal digital health company booked last quarter, up 53 percent, the earnings behind the gastrointestinal-care acquisition this newsletter flagged last week. Hinge Health reported second quarter 2026 revenue of 213 million dollars, above its own prior guidance of 200 to 202 million dollars, with GAAP operating income turning positive at 40.4 million dollars and non-GAAP operating margin expanding to 29 percent from 19 percent a year earlier; free cash flow climbed to 99.6 million dollars from 32.6 million dollars. The company raised full year 2026 revenue guidance to 856 to 860 million dollars, up from 798 to 804 million dollars, and lifted non-GAAP operating income guidance to 236 to 244 million dollars. The same release disclosed the definitive agreement, first reported in this newsletter’s August 6 issue, to acquire gastrointestinal-care platform Cylinder Health for 105 million dollars cash, a deal still expected to close in the third quarter. Confidence: High. The figures come directly from Hinge Health’s own second quarter earnings release. Source: Hinge Health reports record second quarter 2026 financial results; signs definitive agreement to acquire Cylinder Health, Hinge Health investor relations.

325 million dollars: that is how much a specialty dialysis cost-management program has saved health plans since 2006, the track record that just got it bought by a bigger claims-repricing platform. ClaimsBridge, a healthcare cost-management and claims-repricing company, announced August 6, 2026 that it received a strategic investment from private equity firm Eir Partners Capital and simultaneously acquired DialysisPPO, which specializes in capturing Medicare cost savings on end-stage renal disease and chronic dialysis claims without waiting for the standard 30-month Medicare coordination period; the company says clients realize up to 100,000 dollars per case per month. Financial terms of both the investment and the acquisition were not disclosed. Confidence: High on the transaction and DialysisPPO’s stated savings claim, which come directly from the companies’ own release; the release is the only source found for the historical savings figure. Source: ClaimsBridge Announces Strategic Investment from Eir Partners Capital and Acquisition of DialysisPPO, PR Newswire.

THE DEAL SHEET

No other new US healthcare transactions turned up in this run’s scan of PE Hub, Axios Pro Rata, FTC and DOJ merger actions, and state transaction-review dockets over the last 24 to 48 hours; dealmaking is typically slow to restart after the weekend, and this run found the same pattern Monday that it found the last two weekends.