Today's Top 20 Health Finance Articles
  • California hospital to lay off 62

    AHMC's San Gabriel (Calif.) Valley Medical Center is laying off 62 employees, according to regulatory documents filed with the state March 13.
  • 11 hospitals closing departments or ending services

    A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages.
  • Allegheny Health Network sees 4.4% operating loss improvement

    Pittsburgh-based Allegheny Health Network reported a $172.7 million operating loss (-3.67% margin) in the fiscal year ended Dec. 31, a 4.4% improvement from a $180.8 million loss (-4.15%) it posted in 2022, according to a financial report shared March 18. 
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • HCA hospitals by state

    Nashville, Tenn.-based HCA Healthcare operated 186 hospitals as of Dec. 31. 
  • Mayo seals $150M deal

    Rochester, Minn.-based Mayo Clinic has completed its $150 million buyout deal with Abu Dhabi Health Services Co. in a bid to unload its overseas hospital investment, postbulletin.com reported March 15.
  • Ohio system trims operating losses by 53%

    Dayton, Ohio-based Premier Health reported an operating loss of $85.3 million in 2023, a 53% improvement on the $180.3 million loss recorded in 2022.
  • 5 RCM mergers and acquisitions

    Here are five revenue cycle management company mergers and acquisitions that Becker's has reported on in 2024:
  • Simplify the complexity of Medicare claims

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  • UC Davis Health added C-suite role to 'accelerate revenue opportunities'

    Last April, UC Davis Health added a new C-suite role to lead its Ventures Office, and the role is quickly becoming more essential to the system's long term success.
  • Fitch: Change Healthcare attack may hurt smaller providers' credit

    Fitch Ratings said the Change Healthcare cyberattack could negatively affect the credit profiles of smaller healthcare providers, pharmacies and other companies that rely on the UnitedHealth Group subsidiary for services. 
  • Hawaii hospital temporarily closes ED

    Wahiawa (Hawaii) General Hospital has temporarily closed its emergency department, effective March 18, due to heating, ventilation and air conditioning issues.
  • Walgreens lays off 646 workers

    Walgreens is reducing its workforce in Florida and Connecticut by nearly 650 workers combined.
  • Scripps Health sees 998% operating margin increase in Q1

    San Diego-based Scripps Health reported a $73.1 million operating income (5.6% margin) on revenues of $1.3 billion for the first quarter of 2024, ended Dec. 31, 2023, compared to a $5.7 million operating income (0.51%) on revenues of $1.1 billion over the same period in fiscal year 2023, according to its financial report released March 15.
  • Montefiore climbs out of the red

    New York City-based Montefiore Health System reported an operating gain of $93.9 million in 2023, up from an operating loss of $98.5 million in 2022, according to its financial report released March 15. 
  • 94% of hospitals take financial hit from Change hack: AHA survey

    A survey from the American Hospital Association found that 94% of hospitals have felt financial impact from the Change Healthcare cyberattacks and over half have reported a "significant or serious" impact.
  • Florida hospitals could see $1.3B monthly cash impact over Change hack

    A survey from the Florida Hospital Association found 106 state hospitals affected by the Change Healthcare cyberattack are anticipated to see $1.3 billion in monthly cash impact.
  • MACPAC report takes aim at Medicaid MCO denials, appeals

    The monitoring and oversight in denials and appeals in Medicaid managed care was a core focus of the Medicaid and CHIP Payment and Access Commission's March 15 report to Congress. 
  • What a Steward closure could mean for the Massachusetts nursing workforce

    Healthcare leaders are addressing ongoing concerns over the future of Dallas-based Steward Health Care's nine Massachusetts hospitals, their patients, employees and trainees as the health system continues to battle financial challenges. 
  • Hospital CFOs choose optimism

    Hospital CFOs are optimistic about the future despite clear challenges and continued high costs, according to a report from Strata Decision Technology.
  • Pennsylvania hospital to close long-term care facility

    Renovo, Pa.-based Bucktail Medical Center is closing its long-term care facility May 14.
  • Healthcare leaders' largest unforeseen costs

    Contract labor remained the top unforeseen cost for healthcare financial leaders for the second year in a row even after many were able to scale back in the wake of pandemic-related spikes, according to a March 13 report from Strata Decision Technology. 

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