Today's Top 20 Health Finance Articles
-
$107B HHS funding bill heads to House
The House Appropriations Committee on July 10 voted 31-25 in favor of a bill that would provide $185.8 billion in funding for HHS and the departments of labor and education in the fiscal year 2025, which ends Sept. 30. -
Why prior authorization could become an AI 'arms race'
Physicians are increasingly turning to generative AI to appeal denied prior authorizations, The New York Times reported July 10. -
Alabama hospital to cut labor, delivery services
Grove Hill (Ala.) Memorial Hospital has shared plans to discontinue its labor and delivery services, effective at the end of the business day on Aug. 16. -
Steward shelled out $1.6M to spy firm before bankruptcy
Dallas-based Steward Health Care made six payments totaling just under $1.6 million this year to London-based Audere International, a commercial intelligence, investigations and security company, prior to filing for bankruptcy on May 6. -
Carilion Clinic outsourcing 780 jobs in Ensemble deal
All 780 revenue cycle employees at Roanoke, Va.-based Carilion Clinic are being offered comparable positions at Ensemble Health Partners as the health system transfers RCM operations. -
Hospitals balk at CMS' 'reckless' pay proposals
Hospitals groups are pushing back against CMS' proposed 2.6% pay bump for 2025, arguing that the increase is inadequate as a large portion of the nonprofit hospital sector continue to see operating margins in the red or hover above zero. -
CMS pitches 2.8% physician payment cut for 2025
CMS released its annual proposed changes to the physician fee schedule for 2025 on July 10, which includes a proposed 93 cent (2.8%) conversion factor decrease from 2024. -
2024 Trends: Key Challenges for Healthcare CFO’s
In 2024, Healthcare CFOs are taking on major challenges in the ever-changing healthcare landscape. Their role in steering organizations toward sustainability and strategic growth while managing financial and operational complexities is more vital than ever. -
Fitch downgrades Pennsylvania system
Fitch downgraded Beaver, Pa.-based Heritage Valley Health System's rating from "A+" to "A." -
Texas hospital seeks $400M from taxpayers
The board of managers for the University Medical Center of El Paso (Texas) has approved plans to ask county commissioners for their approval of a $396.6 million bond to go on the Nov. 5 ballot. -
The biggest issue for CFOs in 2024
From operating margins still causing challenges for many health systems to consistent worries about healthcare workforce shortages, the current economy has trumped cost reduction concerns for CFOs in 2024, according to a new Deloitte annual survey. -
CMS floats 2.6% hospital outpatient pay increase for 2025: 7 things to know
CMS has published its Outpatient Prospective Payment System proposed rule for 2025, which, among other things, would raise Medicare outpatient payment rates for about 3,500 hospitals and 6,100 ASCs next year. -
Virginia system strikes RCM partnership with Ensemble
Roanoke, Va.-based Carilion Clinic selected Ensemble Health Partners for an end-to-end revenue cycle partnership. -
Acquisition by HCA would be 'credit positive' for Catholic system: Moody's
Manchester, N.H.-based Catholic Medical Center's plans to join Nashville, Tenn.-based HCA Healthcare would be "credit positive" for the 330-bed regional health system, according to Moody's. -
Ardent eyes $3.15B valuation with IPO
Brentwood, Tenn.-based Ardent Health is seeking a valuation of $3.15 billion for its initial public offering, according to Reuters. -
GLP-1s spur Oklahoma system to close clinic, end bariatric services
The popularity of medications like Wegovy has reduced the number of weight loss surgeries at Norman (Okla.) Regional Health System, prompting the organization to shutter its bariatric program. -
Hospital margins dip to 3.8% average, gap between high and low performers widens
Average hospital margins year to date remained steadfast in May at 3.8%, according to Kaufman Hall's "National Hospital Flash Report," released July 9. -
Fitch downgrades Texas Children's Hospital
Fitch downgraded Houston-based Texas Children's Hospital's rating to "AA-" from "AA." -
Aspirion taps chief technology officer
Revenue cycle management company Aspirion has named Doug Hebenthal as chief technology officer. -
Hospital M&A turns to strategy over scale
Health systems put an emphasis on strategy over scale in hospital transactions announced in the second quarter of 2024, according to a July 9 report from Kaufman Hall.
Page 20 of 50