Today's Top 20 Health Finance Articles
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CMS will hike inpatient rehab payments next year: 3 things to know
CMS released its annual Inpatient Rehabilitation Facility Prospective Payment System final rule July 27, which boosts payments for inpatient rehabilitation facilities in 2023. -
Meet Waystar's executive team
Waystar was recently ranked the best end-to-end revenue cycle management software platform for hospital systems by Black Book Research. -
New York governor urged to sign law to encourage healthcare price transparency
Labor unions in New York sent a letter to Gov. Kathy Hochul to pass legislation that would heighten price transparency of hospital pricing and billing, Spectrum News reported July 27. -
10 rural Georgia hospitals get $9M in grants
The Georgia Department of Community Health announced grant awards totaling $9 million to 10 rural hospitals as part of its Rural Hospital Stabilization Grant program in a July 26 press release. -
Lawmakers want CMS to revise inpatient payment proposal
Thirty U.S. senators and 112 U.S. representatives are urging CMS to revise the proposed hospital inpatient prospective payment system rule for fiscal year 2023. -
WSJ article on charity care is shortsighted, American Hospital Association CEO says
American Hospital Association CEO Rick Pollack issued a statement July 26 in response to a recent Wall Street Journal article that indicated nonprofit hospitals lag behind their for-profit counterparts in providing charity care for their communities. -
Michigan township continues to push for hospital after certificate-of-need denial
Township and health system officials are still fighting to get certificate-need-approval for a Beaumont Health hospital in Oxford Township, Mich., after the original proposal was denied in 2020, Michigan Capitol Confidential reported July 25. -
Trinity Health Mid-Atlantic to close senior health center, lay off staff
Darby, Pa.-based Trinity Health Mid-Atlantic health system has announced it will close its Philadelphia-based Mercy Senior Health Center after just over two years, the Philadelphia Business Journal reported July 25. -
Tennessee hospital receives level 3 trauma accreditation
Lebanon, Tenn.-based Vanderbilt Wilson County Hospital has been declared a provisional level 3 trauma center, The Tennessean reported July 25. -
Everside Health raises $164M in growth equity
Denver-based Everside Health announced July 25 that it has raised $164 million in growth equity funding. All previous Everside investors and nine new investors contributed to meet the milestone. -
Nonprofit hospitals' charity care often lags behind for-profit competitors
Nonprofit hospitals benefit from billions in tax breaks in exchange for providing critical care to their communities, but experts question whether communities are reaping enough benefits. -
US healthcare spending topped $3 trillion for 1st time in 2019: 4 things to know
Healthcare spending in the U.S. grew by 14.3 percent between 2016 and 2019, topping $3 trillion for the first time, according to a ValuePenguin study. -
Pennsylvania hospital to close
Berwick (Pa.) Hospital Center is slated to close within 90 days after its affiliated clinics abruptly shut down last week, Newswatch 16 reported July 26 citing information from the Pennsylvania Department of Health. -
Healthcare is an attractive sector for 'buy now, pay later'
"Buy now, pay later" companies are turning to niche sectors like healthcare to secure their economic future, according to a July 22 report from The Wall Street Journal. -
10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs. -
Retiring Owensboro Health CMIO shares thoughts on revenue cycle, IT challenges
Owensboro Health Senior Vice President and Chief Medical Information Officer David Danhauer, MD, has known he wanted to be in healthcare since sixth grade. -
UHS profit dips 50% in Q2
King of Prussia, Pa.-based Universal Health Services reported higher revenue but a lower profit in the second quarter of 2022. -
House members want clarity on HHS' 96-hour rule enforcement plans
Twenty-five members of the U.S. House of Representatives are seeking clarity on whether HHS plans to enforce Medicare's 96-hour payment rule and condition of participation for critical access hospitals after the COVID-19 public health emergency ends. -
Medical billing startup raises $3.3M in seed funding
Hanover, N.H.-based Resolve announced the completion of a $3.3 million seed funding round in a July 18 press release. -
It's time to rethink the patient financial experience through the lens of a single journey — here’s how
When it comes to billing, the U.S. healthcare system generally takes a siloed approach, which can result in patients receiving multiple statements for different services or even for different elements of a single service. Patients, however, view their experience as one unified journey.