Mike Coggin is the executive vice president and CFO of LifePoint Health, which currently operates 84 hospital campuses. 

Operating margin pressures will become more pronounced for nonprofit hospitals — particularly lower-rated, smaller hospitals — as they deal with staff shortages, a problem not expected to go away any time soon, Fitch Ratings reported Oct. 27.

The American Hospital Association is taking aim at a recent study published in JAMA Health Forum that found that hospitals in a strong financial position before the pandemic received more money from the COVID-19 Provider Relief Fund. 

Charlotte, N.C.-based Atrium Health received a $30 million gift in honor of the late David Conlan, a patient who benefited from the hospital's rehabilitative medicine.

Evolving legislation related to financial assistance, debt collection practices and patient data protections can affect hospitals' revenue cycle if revenue management leaders are not vigilant and adaptive.

Children's National Hospital announced a campaign Oct. 27 that aims to raise $500 million by 2023, which will be used for improved child care and research for kids.

There is about $26.8 billion of unused money in the COVID-19 Provider Relief Fund and more could be on the way as providers return grants, according to an analysis from The Urban Institute, a nonprofit economic and social policy research organization.

When Elisabeth Rosenthal, MD, editor-in-chief of Kaiser Health News, underwent intensive physical therapy and received several neurological tests after a head injury, the bills that came back were mostly reasonable, she said Oct. 26 in Kaiser Health News.

Wichita, Kan.-based Wesley Rehabilitation Hospital is slated to close in March 2022, the Wichita Eagle reported Oct. 26. 

The cost of health insurance premiums has grown at nearly double the rate of hospital prices in the last decade, according to a report from the American Hospital Association. 

Providence St. Vincent Medical Center is renaming one of its pavilions after Phil and Penny Knight, who have gifted more than $100 million to the Portland, Ore., hospital. 

CMS unveiled Medicare Part B billing codes and payment allowances for administering booster doses of the Moderna or Johnson & Johnson vaccine for COVID-19. 

King of Prussia, Pa.-based Universal Health Services reported higher revenue but a lower profit in the third quarter of 2021. 

Nearly seven years ago, Leadville, Colo.-based St. Vincent Health was on the verge of bankruptcy and closure, an experience many rural hospitals struggle with. In September, it opened its brand-new facility, CBS Denver reported Oct. 21.

Kevin Burns is executive vice president, CFO and chief business officer of Houston Methodist, an eight-hospital system with more than 26,000 employees. 

With an ever-growing portion of healthcare costs falling on patients, regulations that aim to increase price transparency and rein in surprise billing have spurred healthcare organizations to assess compliance specifications and rethink the patient experience. 

Montrose (Colorado) Memorial Hospital unveiled its new name and logo after five years of planning for the rebrand, Montrose Press reported Oct. 22.

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

Labor shortages from the COVID-19 pandemic will continue to worsen the financial performance of nonprofit and for-profit hospitals into 2022, an October Moody's quarterly report found.

Studies by the American College of Surgeons found that the postponement of elective surgeries during the COVID-19 pandemic took away a large portion of hospitals' income and disrupted surgical care.