Today's Top 20 Health Finance StoriesRSS
  1. Supreme Court: Hospitals can't sue states over Medicaid reimbursement

    In a 5-4 decision, the U.S. Supreme Court has ruled that hospitals and other healthcare providers can't sue to challenge Medicaid reimbursement rates set by states.  By Ayla Ellison -
  2. Sutter Health inverts operating margin in 2014

    Sacramento-based Sutter Health reported an operating income of $419 million for fiscal year 2014, according to financial data released last week, the Sacramento Business Journal reported. This is up from a loss of $22 million in 2013, according to the report.  By Emily Rappleye -
  3. Carroll Hospital Center plans construction, renovation with $250M investment

    After being acquired by Baltimore-based LifeBridge Health, Carroll Hospital Center in Westminster, Md., has announced plans to upgrade the facility and patient services, according to the Baltimore Business Journal.  By Shannon Barnet -

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  1. Hospitals have 69% overturn rate when appealing RAC claims

    Hospitals appealed 46 percent of all Recovery Audit Contractor claim denials in the fourth quarter of 2014, with 69 percent of those claim denials being overturned in the appeals process, according to the American Hospital Association's fourth-quarter RACTrac survey.  By Ayla Ellison -
  2. Moody's assigns rating to University of Pennsylvania Health System's bonds

    Moody's Investors Service has assigned an "Aa3" rating to Philadelphia-based University of Pennsylvania Health System's proposed $367 million of series 2015 fixed rate bonds.  By Ayla Ellison -
  3. Moody's affirms Doylestown Hospital's 'Baa2' rating

    Moody's Investors Service has affirmed the "Baa2" rating assigned to bonds issued on behalf of Doylestown (Pa.) Hospital.  By Ayla Ellison -
  4. 15 Kentucky hospitals at risk of closing

    Parkway Regional Hospital in Fulton, Ky., officially closed Tuesday, and 15 other hospitals in Kentucky are at risk of doing the same, according to an Associated Press report.  By Ayla Ellison -
  1. 11T Partners advises Sigmacare on HomecareCRM acquisition

    New York City-based investment banking firm 11T Partners advised EHR company Sigmacare throughout it process of acquiring HomecareCRM.  By Elizabeth Earl -
  2. New facility could replace Samaritan Pacific Communities Hospital

    Samaritan Pacific Communities Hospital in Newport, Ore., might be replaced with a new facility if voters approve a $57 million ballot measure in May, according to an Oregon Coast Daily News report.  By Kelly Gooch -
  3. Bristol Hospital claims budget cuts could lead to bankruptcy

    Bristol (Conn.) Hospital has officially launched a campaign against Connecticut Gov. Dannel Malloy's (D) proposed budget cuts, warning that they could lead to the hospital filing for bankruptcy.  By Kelly Gooch -
  4. Moody's upgrades Central Washington Health Services Association's parity debt to 'Baa1'

    Moody's Investors Service has assigned a "Baa1" rating to $103 million of series 2015 fixed rate revenue refunding bonds to be issued on behalf of Wenatchee, Wash.-based Central Washington Health Services Association, which does business as Central Washington Hospital.  By Kelly Gooch -
  1. Should more health systems adopt zero-based budgeting?

    Pete Pyhrr's concept of zero-based budgeting was adopted by his company, Texas Instruments, at the time of its inception in the early 1970s, and soon after by Jimmy Carter while he was governor of Georgia and then president. The budgeting technique has recently been revived by private equity firm 3G Capital Partners as part of the firm's strategy to slash costs, according to the Wall Street Journal. By Tamara Rosin -
  2. Grady Health System, Blue Cross Blue Shield of Georgia reach agreement

    Atlanta-based Grady Health System and Blue Cross Blue Shield of Georgia have agreed on a new contract, and the health system will once again be a part of the health insurer's networks.  By Ayla Ellison -
  3. New York working to restructure care for Medicaid patients

    The state of New York is committing more than $1 billion per year for five years to an experiment that aims to restructure care for Medicaid patients through networks that are similar to accountable care organizations, according to The New York Times.  By Kelly Gooch -
  4. OIG: Maryland misallocated $28.4M

    Maryland misallocated millions of dollars to establishment grants for a health insurance marketplace, according to a recent audit from HHS' Office of Inspector General.  By Kelly Gooch -
  5. US healthcare spending likely to increase: 3 thoughts

    U.S. healthcare spending growth hasn't been this slow in 50 years, but many industry experts expect spending to pick up in the near future because of economic recovery since the recession, according to the Financial Times. By Tamara Rosin -
  6. New Parkland hospital dedicated

    Dedication of the new 862-bed Parkland hospital in Dallas was scheduled to take place March 30.  By Kelly Gooch -
  7. Washington State Medical Association comments on House Democrats' budget proposal

    House Democrats' national budget proposal brings forward a $39 billion operating budget proposal for the two-year cycle beginning July 1. Spending increases are largely focused on education and funding raises for state employees, but Washington residents currently on the state's Medicaid program will continue to face issues regarding access, according to the Washington State Medical Association.  By Tamara Rosin -
  8. Moody's rates Indiana University Health's bonds

    Moody's Investors Service has assigned an "Aa3" rating to $278 million of Indianapolis-based Indiana University Health's proposed series 2015A fixed rate tax-exempt bonds.  By Kelly Gooch -
  9. For-profit hospital stock report: Week of March 23-27

    Three of the five major for-profit hospital operators saw their stock prices fall last week.  By Kelly Gooch -