King of Prussia, Pa.-based Universal Health Services saw its revenue, operating income and profit grow in the second quarter of 2021, compared to the same period last year, according to a July 26 financial report. 

Several hospitals and health systems decided to outsource some finance jobs or other revenue cycle functions in 2021.

A New York control board ordered the leaders of Nassau University Medical Center in East Meadow, N.Y., to file plans to address its financial woes, Newsday reported.

Yang Linda Chen is the new CFO of Hackensack Meridian Mountainside Medical Center in Glen Ridge, N.J., the company announced July 26.

Aggressive collection practices used by Community Health Systems could diminish trust in healthcare institutions, Marty Makary, MD, a professor at the Johns Hopkins School of Medicine and Bloomberg School of Public Health told NPR. 

Several health systems in Georgia are eyeing expansions east of Atlanta at the state's border with South Carolina, according to Fox 54.

Here are six recent examples of hospitals and medical schools receiving donations to build new facilities, advance research and improve medical education.

As revenue becomes more challenging to capture in a post-COVID environment, hospitals must streamline and consolidate data collection and vendor relationships to remain competitive.

Aledade's ACOs saved Medicare an estimated $300 million in 2020, according to a July 22 news release. 

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to shut down. In the past year, financial damage linked to the COVID-19 pandemic has put many hospitals in a fragile financial position and forced a few to close. 

New York City-based NewYork-Presbyterian has donated $20 million to Iona College in New Rochelle, N.Y., to help establish a new school of health sciences, according to The Journal News. 

Here are nine quick notes that show the reach of R1 RCM, a revenue cycle management company serving hospitals, health systems and physician groups across the U.S.

Nonprofit hospitals and health systems will need to plan for increased revenue and expense pressure from "relentless" cyberattacks, Fitch Ratings said July 22. 

About 25 percent of the provider relief funds remain unused, and HHS should reveal plans on how and when it will allocate the unspent funds, the Government Accountability Office said in a July 19 report. 

In January, a Kansas couple shared the story of how they received a $270,951 medical bill after the birth of their first child — even though they're both insured. Now, a state representative is proposing legislation to ensure stories like theirs don't happen again.

Fintech has transformed many aspects of financial services over the past decade. Technologies such as AI and machine learning, for example, have helped unlock credit access to the previously unbanked. Likewise, fintech is helping to reduce fraud, speed up processes and enhance user experiences—all of which has led to the great unbundling of financial services.

Healthcare leaders convened during the Becker's Hospital Review Advisory Board Call on June 2, 2021 to discuss healthcare's evolution to transform the patient financial experience and how it impacts healthcare institutions' financial performance. As hospitals and health systems increasingly explore ways to improve their revenue cycle management practices and look for ways to create a sustainable financial infrastructure, they are also prioritizing the patient experience.

The COVID-19 pandemic caused significant revenue losses for hospitals as elective surgery volumes dwindled and reimbursement lagged. Despite this, hospitals recently have seen financial improvements. Here are 10 numbers that illustrate hospitals' financial recovery. 

The American Medical Association is sounding the alarm on upcoming pay cuts for physician practices and Congress' alleged indifference about the reimbursement changes. 

Dallas-based Tenet Healthcare saw its revenue and net income increase year over year in the second quarter of this year.