Today's Top 20 Health Finance Articles
  • 'Productivity boom' may be in store for US, economists say

    Economists are deliberating whether the American economy is on the brink of a transformative boom akin to the 1990s amid early signs of a potential resurgence in productivity, The New York Times reported Feb. 21.
  • Nebraska hospital finds 'lifeline' in new CMS model

    Friend, Neb.-based Warren Memorial Hospital on Feb. 8 became the first hospital in the state to convert to a rural emergency hospital, according to omaha.com.
  • Lion Star closing Texas hospital clinics, conducting layoffs

    Editor's note: This story has been updated after previously reporting that Lion Star was closing its Nacogdoches (Texas) Memorial Hospital obstetrics unit based off of a Feb. 23 Nacogdoches County Hospital District statement. A Lion Star spokesperson confirmed that the hospital is not closing its obstetrics unit.  Lion Star, the group that operates Nacogdoches (Texas) Memorial Hospital, is closing four of its clinics on March 22, which will result in the layoffs of under 50 people with no additional layoffs planned, a Lion Star spokesperson told Becker's. 
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • Cooper to begin estimated $2B expansion this year

    Cooper University Health Care is preparing to begin the first phase of a projected $2 billion expansion this year, according to Fitch Ratings.
  • Trinity Health significantly cuts 6-month operating losses

    Livonia, Mich.-based Trinity Health reported an operating loss of $38.6 million for the first six months of fiscal year 2024 after reporting a $298 million loss over the same period last year, according to its Feb. 23 financial report. 
  • Steward issues '6-point action plan'

    Dallas-based Steward Health Care has shared a 'six-point action plan' to address its ongoing financial troubles and create a more sustainable business as the health system moves into its next phase of operations.
  • Tower Health cuts 6-month operating loss by $73.5M

    West Reading, Pa.-based Tower Health reported a $16.6 million operating loss in the first six months of fiscal year 2024, an 81.6% improvement from the $90.1 million loss over the same period last year, according to its Feb. 23 financial report. 
  • Simplify the complexity of Medicare claims

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  • OakLeaf presses expansion plans amid HSHS, Prevea closures

    Eau Claire, Wis.-based OakLeaf Medical Network, the largest independent physician network in the state, has increased care capacity at its 26 clinics amid the planned closure of two Springfield, Ill.-based Hospital Sisters Health System hospitals and regional clinics it operates with Green Bay, Wis.-based Prevea Health. 
  • Idaho HCA hospital closing labor and delivery, NICU

    Caldwell, Idaho-based West Valley Medical Center, part of Nashville, Tenn.-based HCA Healthcare, is closing its labor and delivery and neonatal intensive care unit by April 1.
  • The 3 companies initiating 58% of surprise billing disputes

    There were 288,810 No Surprises Act disputes initiated through the federal independent dispute resolution portal in the first six months of 2023, which was 13 times greater than federal departments initially estimated. 
  • Froedtert Menomonee Falls Hospital to close birth center, transfer services

    Froedtert Menomonee Falls (Wis.) Hospital is closing its birth center and moving services to Wauwatosa, Wis.-based Froedtert Hospital and Froedtert West Bend (Wis.) Hospital by July 1.
  • IU Health posts $1.1B net income in 2023

    Indianapolis-based Indiana University Health reported $1.1 billion in net income in 2023, including investment gains of $931 million, compared to a net loss of $715 million in 2022, according to its most recent financial report.
  • Illinois governor pitches plan to relieve $4B in medical debt

    Illinois Gov. J.B. Pritzker is proposing to wipe out $4 billion of medical debt for state residents over the next four years. 
  • Medicaid DSH cuts: CMS urged to release 97th percentile hospital list ASAP

    America's Essential Hospitals has called on CMS to release the list of hospitals serving the highest percentage of low-income patients so those facilities are aware of their exception from the agency's final rule that will cut Medicaid disproportionate share hospital payments by $32 billion over the next four fiscal years. 
  • A 'ghost town': Construction halted on Steward Massachusetts hospital over payment dispute

    Reconstruction work has been paused at Norwood (Mass.) Hospital, part of Dallas-based Steward Health Care, due to contractors claiming they have not been paid, The Boston Globe reported Feb. 21.
  • Walgreens' VillageMD to exit Florida

    Walgreens' Village MD will close about 40 clinics in Florida, exiting the market entirely by March 15.
  • Hospitals' fortunes improving

    Nonprofit hospital financial performance is improving, and operating margins are expected to increase 1.6% on average in 2024, according to a report from Fitch, a ratings firm.
  • Cooper CFO's 'thoughtful', 'structured' approach to post-pandemic growth

    Camden, N.J.-based Cooper University Health Care, a 137-year-old health system, received its highest ever credit rating from Fitch this month and has ambitious plans to continue to grow post-pandemic.
  • Delivering the Patient Access Consumers Crave: Key Factors for Success

    What matters most to American healthcare consumers comes down to access, or the ability to receive care when and where they need it.
  • Less frustration, more revenue: How hospital leaders are confronting denials with technology

    Hospitals and health systems across the country are experiencing unprecedented rates of claims denials, which are dampening their revenues and causing growing tensions in their relationships with payers.

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