Oakland, Calif.-based Kaiser Permanente recorded a net income of $2 billion in the first quarter of 2021, up from a net loss of $1.1 billion recorded in the same quarter last year, according to financial data released May 7. 

Texas Gov. Greg Abbott signed a law exempting medical or dental billing services from sales tax, The National Law Review reported May 5.

A retiring couple should plan to spend $300,000 in healthcare and medical costs throughout their retirement, a figure that's up 88 percent since 2002, according to Fidelity Investments.

CMS has started issuing its first round of warning letters to hospitals not in compliance with the hospital price disclosure rule, a CMS spokesperson confirmed to Becker's May 5. 

CMS is increasing the Medicare payment rate for administering monoclonal antibodies to treat patients with COVID-19. 

The American Hospital Association is asking CMS to allow providers to use their COVID-19 provider relief fund grants past the current June 30 deadline. 

Microsoft CEO Satya Nadella and his wife, Anu, have committed $15 million to Seattle Children's Hospital to help provide equitable access to care for the community, according to a May 5 news release.

Mission Hospital faced termination of its Medicare contract last year, though the Asheville, N.C.-based hospital's corrective action plan was accepted by the federal government, according to News 13. 

Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

Camden, N.J.-based Virtua Our Lady of Lourdes Hospital failed to comply with Medicare billing requirements for 40 of 100 inpatient and outpatient claims reviewed by HHS' Office of Inspector General, according to an OIG report released May 4.

Nine hospitals and health systems recently posted job listings seeking revenue cycle management expertise.

Washington Gov. Jay Inslee signed into law May 3 a bill that will require hospitals to report additional financial information, according to a report published in The Wenatchee World.

The D.C. Council declined to increase funding for the troubled United Medical Center, which will likely trigger a fiscal management control board to take over finance decisions and make drastic cuts at the Washington, D.C.-based hospital, The Washington Post reported May 4. 

Shareholders of Nashville, Tenn.-based HCA Healthcare voted against several measures at its annual meeting, including one that would increase the role quality metrics play in executive pay calculations and another to oust a director. 

The CFO of Blessing Health System in Quincy, Ill., said the opening of a new 25-bed hospital in the community will lead to revenue losses, according to a May 4 report in the Herald-Whig. Quincy Medical Group, which is proposing the hospital, disagrees, and said the project will improve care coordination and clinical outcomes in the area.

Hospitals across the U.S. are setting out to improve patient financial engagement to boost patient experience and cash collections. While many healthcare organizations say they are on a mission to simplify the process, a RevSpring leader believes that simplifying engagement is not enough.

Franklin, Tenn.-based Community Health Systems is offering $1.4 billion in junior priority secured notes due in 2030. 

An audit requested by the governing board of Gila Regional Medical Center in Silver City, N.M., found that several systemic management and oversight issues contributed to its financial woes, according to the Silver City Daily Press. 

CMS recently named the 53 organizations that are participating in the 2021 performance year for the Global and Professional Direct Contracting Model.

Eleven healthcare organizations are asking CMS to delay a change in how ACOs report quality metrics.