Today's Top 20 Health Finance Articles
  • 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. 
  • '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. 
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  • 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. 
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  • 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. 
  • 11 areas where CFOs are investing more, less healthcare dollars

    Fifty-two percent of healthcare CFOs said they plan to increase investment in specialty services this year while 42% said they plan to decrease investment in primary care, according to the 2024 BDO Healthcare CFO Outlook Survey. 
  • Connecticut denies Nuvance bid to close hospital's labor and delivery unit

    Danbury, Connecticut-based Nuvance Health's certificate of need to terminate labor and delivery services at its Sharon (Conn.) Hospital has been denied by the Connecticut Office of Health Strategy. 
  • HCA co-founder's net worth hits a high

    Shares of Nashville, Tenn.-based HCA Healthcare hit an all-time high last month, and a major shareholder is feeling that big lift. 
  • How a deepfake CFO scammed a company out of $25M

    Hong Kong police said a finance worker at an unnamed multinational corporation was duped into paying out $25 million to fraudsters using deepfake technology to pose as the company's CFO, CNN reported Feb. 4. 
  • 'A dire situation': Lawmaker calls for resources amid HSHS/Prevea closures

    U.S. Rep. Derrick Van Orden of Wisconsin has expressed concerns to Wisconsin Gov. Tony Evers over the planned closure of two Hospital Sisters Health System hospitals and regional health centers the system operates with Green Bay, Wis.-based Prevea Health.

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