Today's Top 20 Health Finance Articles
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What's stressing out revenue cycle departments?
Payer challenges are by far the top area of stress for revenue cycle departments, according to a Sept. 9 report from consulting company Guidehouse. -
Closed Steward Massachusetts hospital assets to be auctioned
All medical and nonmedical assets for Dallas-based Steward Health Care's closed Dorchester, Mass.-based Carney Hospital and Ayer, Mass.-based Nashoba Valley Medical Center will be auctioned off during an online auction on Sept. 12, Sept. 16, and Sept. 17. -
California hospital to end maternity services
University of Southern California Verdugo Hills Hospital in Glendale will close its labor and delivery services, along with its neonatal intensive care unit, on Nov. 20. -
How the healthcare CFO-to-CEO pipeline compares to other industries
About 6% of healthcare CEOs come directly from the CFO position, according to a recent report from Crist Kolder Associates. -
Massachusetts commits $417M to new Steward hospital owners over 3 years
Massachusetts Gov. Maura Healey has committed $417 million over a span of three years to ensure the operation of six Dallas-based Steward Health Care hospitals under new ownership. -
29 health systems ranked by long-term debt
While hospital finances continue to stabilize, a Kaufman Hall July "National Hospital Flash" report found that financial performance for health systems is trending lower than hospitals. -
How healthcare CFO tenures stack up against other industries
The average CFO's tenure is 4.7 years, according to a recent report from Crist Kolder Associates. -
4 hospital reopenings in 2024
Madera (Calif.) Community Hospital is expected to reopen within the next few months after closing in January 2023. -
741 hospitals selected for CMS' next alternative pay model, by state
CMS published the list of acute care hospitals selected for its next episode-based alternative payment model, TEAM. -
PE firm merges 3 payment integrity companies
Private equity firm New Mountain Capital has completed the merger of three payment integrity companies. -
$65.7M in gifts launches Dayton Children's campaign
Dayton (Ohio) Children's Hospital has received $65.7 million in gifts toward its "Do. More. so all kids thrive" fundraising campaign. -
Days of cash on hand at 20 health systems
Median days cash on hand dipped to a 10-year low for U.S. hospitals and health systems, according to an Aug. 7 S&P Global Ratings' report. -
Prime financial outlook improves to 'Positive'
Ontario, Calif.-based Prime Healthcare has closed on a $1.5 billion bond amid Moody's raising its rating outlook to "Positive." -
The changes 2 revenue cycle leaders made to improve results
Two revenue cycle leaders recently told Becker's about a change they made in the past two years that yielded better results. -
3 record-breaking healthcare donations in 2024
Among the financial gifts made to hospitals, health systems and medical schools in 2024, Becker's reported on three that marked the largest donations in the organizations' histories. -
13 hospitals closing departments or ending services
A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages. -
Alabama hospital defaults on $60M debt, gets 'D' rating
Montgomery, Ala.-based Jackson Hospital & Clinic's financial situation worsened in early September when the 344-bed hospital defaulted on $60 million of municipal bonds and received a credit downgrade from S&P, according to Bloomberg. -
Judge OKs sale of 6 Steward Massachusetts hospitals
U.S. Bankruptcy Court Judge Chris Lopez approved the sale of six Dallas-based Steward Health Care hospitals in Massachusetts to three different health systems during a Sept. 4 court hearing. -
Advocates seek reparations from HCA over service cuts
As Santa Clara County, Calif., prepares for its $175 million purchase of Regional Medical Center, advocates are pressing HCA Healthcare for reparations, claiming the hospital's service cuts caused harm to the San Jose community, The Mercury News reported Sept. 4. -
Medicare Advantage's 'unrealized' potential
Health system C-suites have mixed feelings about Medicare Advantage plans. Many are frustrated with the high denial rates and low coverage; some have even cut ties with MA plans.
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