The Healthcare Financial Management Association and RCM company FinThrive have partnered to launch a revenue cycle management technology adoption model for health systems. 

Along with seven other national organizations, the American Hospital Association is raising concerns about certain CMS Medicaid policy proposals that could harm state access to provider-based funding sources.

Watsonville (Calif.) Community Hospital's $116 million bond measure will be on the upcoming March 5 primary ballot following a unanimous decision during a Pajaro Valley Healthcare District board of directors meeting, CBS 46 reported Nov. 29.

New Hyde Park, N.Y.-based Northwell Health reported a $103.9 million drop in operating income in the third quarter, from a $92.4 million gain in the third quarter of 2022 to an $11.6 million loss in the third quarter of this year, according to financial documents published Nov. 29. 

Washington, D.C.-based MedStar Georgetown University Hospital is opening the doors to its $750 million Verstandig Pavilion, Washington Business Journal reported Nov. 29.

Hospitals are emerging from a financially challenging year with margins holding steady and year over year revenue growth outpacing expense growth in the month of October, according to KaufmanHall's November "National Hospital Flash Report."

Seattle-based Swedish Health Services is kicking off a $1.3 billion-plus North Tower project on its First Hill Campus, Puget Sound Business Journal reported Nov. 29.

Pittsburgh-based Highmark Health reported a net income of $431 million in the first nine months of 2023.

Renton, Wash.-based Providence reported a $310 million operating loss (-4.3% margin) in the third quarter, down from a $164 million loss (-2.3% margin) in the same period last year, according to financial documents published Nov. 29. 

Already a pain point for many, global healthcare costs are expected to remain high over the next year, a WTW report found. 

Cleveland Clinic reported a $14.9 million operating loss in the third quarter of 2023, resulting in an operating margin of -0.4%, compared with a $28.3 million loss and a -0.9% operating margin year over year, according to financial documents published Nov. 29. 

Approximately 60 employees took advantage of the voluntary separation opportunity at Coral Gables, Fla.-based Baptist Health, a spokesperson told Becker's on Nov. 29.

Two bids on Greenwood (Miss.) Leflore Hospital have been rejected by City Council members, Delta News reported Nov. 29.

Newly created Greensburg, Pa.-based Independence Health System is off to a shaky financial start, the Pittsburgh Post-Gazette reported Nov. 29.

New research of over 300 documents reveals a mixed bag of evidence surrounding the controversial 340B Drug Pricing Program's impact on the U.S. healthcare system, a study published Nov. 22 in JAMA Health Forum found.

Irving, Texas-based Christus Health, a 60-hospital system, reported $324.5 million in operating income (4.2% margin) in fiscal year 2023, which ended June 30, up from a $286.4 million operating gain (3.9% margin) in the previous fiscal year. 

Sayre, Pa.-based the Guthrie Clinic is moving to the previous Tyler Memorial Hospital location to ensure accessible outpatient health care services.

Valparaiso, Ind.-based Northwest Health will close two of its urgent care clinics in Portage and Valparaiso on Dec. 1, Hometown News Now reported Nov. 28.

New York City-based Montefiore Health System saw its operating margins improve to -0.5% for the nine months ending Sept. 30 —- up from -2.6% for the same period last year, according to financial documents published Nov. 28. 

In a bid to overcome continued financial setbacks, Greenwood (Miss.) Leflore Hospital could begin receiving over $10 million in extra Medicaid supplement payments annually, the hospital's interim CEO, Gary Marchand, told Becker's.