Today's Top 20 Health Finance Articles
  • Kansas hospital seeks 1% sales tax spike to tackle financial struggles

    Norton (Kan.) County Hospital leaders are seeking a 1% county sales tax increase for the 25-bed critical access hospital and the Norton Medical Clinic in a recent letter addressed to the Norton Area Chamber of Commerce. 
  • 10 things to know about Orlando Health

    Orlando (Fla.) Health ended the 2023 fiscal year with an 8.1% operating margin, one of the highest margins among both for-profit and nonprofit health systems.
  • Tenet sees $1.3B net income in 2023: 7 details

    Dallas-based Tenet Healthcare saw a net income of $456 million in the fourth quarter, up from $274 million over the same period in 2022, according to its financial report released Feb. 8.
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • Why 4 health systems are outsourcing RCM to Optum

    Becker's has reported on four health systems that have outsourced revenue cycle and other services to Optum since January 2023. Here is why leaders of those systems have said they outsourced these services. 
  • How healthcare factors into federal budget deficit projections

    The federal deficit is projected to increase from $1.6 trillion in 2024 to $2.6 trillion in 2034, according to the Congressional Budget Office outlook released Feb. 7. 
  • California hospital to cut services, lay off staff

    Oakdale, Calif.-based Oak Valley Hospital District is scaling back services and implementing layoffs to shore up its finances "amid ongoing challenges faced by rural hospitals." 
  • Massachusetts hospital to reopen 1 year post-fire

    Brockton (Mass.) Hospital, owned by Brockton-based Signature Healthcare, is expected to reopen later this spring following a 10-alarm electrical fire that shut down the hospital last February. 
  • Simplify the complexity of Medicare claims

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  • 'Profitable and ahead of budget': Care New England off to strong start in FY24

    Providence, R.I.-based Care New England improved its operating performance by $44 million in the fiscal year ending Sept. 30, 2023, from $58 million in operating loss in fiscal 2022 to $14.1 million in fiscal 2023, according to its fourth-quarter investor report shared with Becker's. 
  • PE firm buys majority stake in RCM company Health Prime

    Private equity firm Aquiline Capital Partners has acquired a majority stake in Health Prime International, which provides revenue cycle management services for physician practices. 
  • Pennsylvania hospital closing maternity services

    St. Marys, Pa.-based Penn Highlands Elk, part of DuBois, Pa.-based Penn Highlands Healthcare, is closing its labor and delivery services on May 1.
  • CVS Health posts $2B profit in Q4

    CVS Health recorded $2 billion in profit in the fourth quarter of 2023, a 12% decline year over year driven by increased pressure in its Medicare Advantage business. 
  • Best end-to-end revenue cycle outsourcing vendor, per KLAS

    KLAS Research, a healthcare IT data and insights company, named Ensemble Health Partners the best company for end-to-end revenue cycle outsourcing in 2024. 
  • The 28 best RCM tools, per KLAS

    KLAS Research, a healthcare IT data and insights company, named its "Best in KLAS" revenue cycle management tools for 2024. 
  • 'A house of cards': What's going on with Steward's finances?

    When developments around a health system's financial distress unfold quickly, it usually suggests that something bigger has been brewing for a long time. Such is the case with Steward Health Care.
  • MaineCare proposal aims to level the playing field for hospital reimbursement

    The Maine Department of Health and Human Services and Maine Hospital Association have agreed on a proposal that they say will reform hospital reimbursement rates and improve the health of residents in the state.
  • Colorado hospitals' profits sunk in 2022: 5 things to know

    Colorado hospitals posted $336 million in profits in 2022, down from $3.4 billion the year prior, according to a Feb. 5 report from the Colorado Department of Health Care Policy and Financing. 
  • 3 ED closures in 1 month

    Three emergency departments have been forced to close their doors over the last month due to shifting care needs and closures of associated hospitals.
  • Orlando Health operating profit up 14% to $491M

    Orlando (Fla.) Health posted an operating income of $491.3 million for the year ended Sept. 30, a 14.4% improvement on the $429.4 million reported in the previous year. 
  • More needed to fix No Surprises Act, hospital group says

    The American Hospital Association said more changes are needed to address issues critical to the functionality of the No Surprises Act's independent dispute resolution process. 
  • 'Money dysmorphia' plagues younger generations

    When it comes to money, Gen Zers and millennials are insecure. But many of them don't need to be — and that "money dysmorphia" is hurting their financial decisions, according to a recent survey from Credit Karma. 

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