Today's Top 20 Health Finance Articles
  • Yale New Haven anticipates deficit of $200M in 2022

    Yale New Haven (Conn.) Health is expecting a $200 million deficit in 2022, including an operating loss of $100 million, New Haven Register reported Feb. 23.
  • Where CMS stands on its No Surprises Act rollout: 5 things to know

    The federal No Surprises Act formally went into effect Jan. 1, but CMS' decision to apply "enforcement discretion" throughout 2022 has compounded confusion and concerns over its rollout. 
  • How Penn Medicine increased RCM productivity by 28% — 4 takeaways

    The health care industry continues to face enormous financial challenges. Hospital performance in 2021 remained well below pre-pandemic levels due to the omicron variant and high expenses, according to the January National Hospital Flash Report by health care consulting firm Kaufman Hall. From December 2019 to December 2021, hospitals experienced a 14.7% median decline in operating margin.
  • HHS disperses $560M in provider relief payments

    HHS will distribute more than $560 million in phase-4 Provider Relief Fund payments to more than 4,100 providers.
  • 7 hospitals laying off workers

    Several hospitals are trimming their workforces due to financial and operational challenges, and some are offering affected workers new positions.
  • Bundled-payment solution from Vanderbilt Health saves $400K in one year

    In its first year, a bundled payment solution from Nashville, Tenn.-based Vanderbilt Health saved Metro Nashville Public Schools $400,000, according to a Feb. 17 news release.
  • Ground ambulance costs rise, report finds: 3 things to know

    Average charges and allowed amounts for both advanced life support and basic life support ground ambulance services increased from 2017 to 2020, a Feb. 23 Fair Health report found.
  • Catholic Health hit with credit downgrade after 40-day strike

    Moody's Investors Service has assigned a "B1" rating to Buffalo, N.Y.-based Catholic Health System's proposed revenue bonds and downgraded existing revenue bond ratings to "B1" from "Baa2." 
  • CMS ends ACO track in rural payment model

    CMS said Feb. 22 it is ending the ACO Transformation Track in the Community Health Access and Rural Transformation Model.
  • New parents' $80K medical bill showcases No Surprises Act loophole

    A couple was charged $80,000 when their gestational surrogate went through an emergency delivery of twins at Provo-based Utah Valley Hospital in April 2020, showcasing a loophole in the No Surprises Act, which went into effect Jan. 1, NPR reported Feb. 23.
  • Expenses push major health systems to operating margins under 1%

    Some of the nation's largest nonprofit health systems, including St. Louis-based Ascension and Chicago-based CommonSpirit Health, are feeling the financial pinch from the COVID-19 pandemic. 
  • HCA, Tenet and CHS: 325 hospitals, $90.7B in revenue

    Three of the major for-profit hospital chains operate 325 acute care hospitals across the U.S. 
  • 9 hospitals seeking RCM talent

    Nine hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • Florida hospital leaders denounce proposed state Medicaid cuts

    Hospital leaders are criticizing Florida House and Senate budget proposals that would cut about $300 million of the "critical care fund," which is used to give automatic rate enhancements to safety-net hospitals that treat a large volume of Medicaid patients, Health News Florida reported Feb. 18.
  • 3 RCM leaders share tips for managing denials

    When it comes to managing denials, revenue cycle management leaders say it's important to focus on the ones that can be controlled, have an engaged team and stop denials at the source.
  • Outlook positive for Beaumont Health post merger, S&P says

    S&P Global Ratings affirmed Beaumont Health's "A+" rating and revised the Southfield, Mich.-based based health system's outlook to positive from stable. 
  • 10 health systems with strong finances

    Here are 10 health systems with strong operational metrics and solid financial positions, according to reports from Fitch Ratings, Moody's Investors Service and S&P Global Ratings.
  • Healthcare workers' pay increases lag behind white-collar raises

    As workers experience stronger bargaining power amid a major workforce shortage, many white-collar professions are seeing an increase in wages, The Wall Street Journal reported Feb. 21.
  • 6 recent updates on medical debt

    Becker's has reported on several study findings and legislative and legal actions being taken related to medical debt in the two months.
  • Ascension's operating margin falls below 1% in Q2

    St. Louis-based Ascension saw its operating margin fall below 1 percent in the three months ending Dec. 31, 2021, according to a financial report released Feb. 18.

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