Today's Top 20 Health Finance Articles
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UK health system faces staffing crisis
Britain's state-run National Health Service is facing its worst staffing crisis with thousands of vacancies and no credible strategy to address the problem, according to a July 25 report from Reuters. -
10 providers seeking RCM talent
Ten hospitals or health systems recently posted job listings seeking revenue cycle management expertise. -
Vermont health system raises $24M
Bennington, Vt.-based Southwestern Vermont Health Care announced July 22 that $24 million has been raised over the last four years toward the goal of $25 million for its Vision 2020 Decade of Transformation Capital Campaign. -
Kansas hospital denied $6.5M funding request
Junction City, Kan.-based Geary Community Hospital was denied a $6.5 million funding request by the Junction City Commission on July 19, The Mercury reported July 21. -
Washington hospitals report $929M loss over 3 months
Washington State Hospital Association reported a $929 million net loss due to an increase in operating expenses and nonoperating investment losses, The News Tribune reported July 21. -
6 tips to recession-proof finances, per CNBC
Here are six things CNBC said people can do to recession-proof their finances: -
Some New Mexico hospitals suing over medical debt despite law, report alleges
Some New Mexico hospitals are accused of disregarding a state law protecting low-income patients from medical debt collection, according to NM Political Report. -
Company bankruptcies down 43% since 2020
The number of American companies filing for bankruptcy has fallen by 43.1 percent since 2020, according to a July 22 report from MoneyTransfers. -
HCA, Tenet profits sink: 10 things to know
HCA Healthcare and Tenet Healthcare, two of the largest for-profit hospital operators in the U.S., reported lower net income in the second quarter of this year than in the same period of 2021. -
Iowa hospitals provided $742M in community benefits last year
The Iowa Hospital Association found that in 2021, Iowa hospitals provided more than $742 million in total community benefits, according to a July 21 report shared with Becker's. -
Illinois county aims to relieve $1B in medical debt
Officials in Illinois' Cook County hope to use $12 million in federal COVID-19 relief funds to relieve more than $1 billion in medical debt, the Chicago Tribune reported July 21. -
60% of Americans researching care pricing look to insurance companies, survey finds
A study conducted by YouGov, on behalf of healthcare artificial intelligence company Akasa, released July 21 found that 60 percent of Americans who have researched prices for healthcare services get pricing information from their insurance companies, as opposed to providers. -
Geisinger hospital receives level 1 trauma accreditation
Wilkes-Barre, Pa.-based Geisinger Wyoming Valley Medical Center has been declared a level 1 trauma center by the Pennsylvania Trauma Systems Foundation following a review of resources and ability to treat trauma patients. -
HCA to donate $750K to U of Texas at El Paso to advance diversity in healthcare leadership
Nashville, Tenn.-based HCA Healthcare has committed a $750,000 donation to the University of Texas at El Paso for students interested in healthcare careers as part of its goal to support historically Black colleges and universities as well as Hispanic-serving institutions. -
Hospitals garnish wages of low-income workers more, New York study finds
New York patients working in low-income occupations were more likely to have their wages garnished to satisfy medical debt judgments, according to a July 20 report. -
Fitch downgrades Healthcare Realty Trust's ratings
Fitch Ratings has downgraded all of Healthcare Realty Trust's ratings to 'BBB' upon the expected closing of its merger with Healthcare Trust of America, according to a July 20 report. -
3 trends that will affect providers' future profits: McKinsey
The management consulting company McKinsey & Co. is predicting that provider profits could rise to $326 billion in 2025, up from $250 billion in 2021. -
Gun violence medical bills in US top $1B per year
Gun violence in the U.S. costs more than $1 billion per year in medical bills, according to a July 20 report from CBS News. -
10 health systems with strong finances
Here are 10 health systems with strong operational metrics and solid financial positions, according to reports from Fitch Ratings and Moody's Investors Service. -
5 recent updates on medical debt
Here are five study findings and legislative actions regarding medical debt Becker's has reported on since June 5: