Today's Top 20 Health Finance Articles
  • Wisconsin system lays off furloughed staff

    Marshfield (Wis.) Clinic Health System has informed furloughed employees that their employment will end in early May, a spokesperson for the health system confirmed to Becker's.
  • Alabama hospital closing surgery department

    Atmore (Ala.) Community Hospital is closing its surgery department June 1 due to low patient volumes, inflating costs, and low reimbursement rates, including lack of Medicaid expansion. 
  • Surgical Notes names former R1 RCM exec CFO

    Private equity-backed ASC billing services provider Surgical Notes has named Dominic Brignola CFO. 
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • UHS' 5 highest-earning executives in 2023

    King of Prussia, Pa.-based Universal Health Services executives saw their total compensation increase in 2023 after seeing it shrink by millions in 2022, according to a proxy statement filed April 4 with the Securities and Exchange Commission.    
  • Steward CEO a no-show at Massachusetts hearing

    Dallas-based Steward Health Care CEO Ralph de la Torre, MD, did not attend an April 3 field hearing in Boston after U.S. Senator Ed Markey invited him to join and testify on March 15 to discuss the health system's financial troubles.
  • Massachusetts lawmakers say Cerberus got $800M profit from Steward exit

    Massachusetts lawmakers say Cerberus Capital Management, a private equity firm that founded Dallas-based Steward Health Care, profited by around $800 million and "looted" the health system when it exited in 2020. 
  • 7 health systems seeking revenue cycle vice presidents

    Seven hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 
  • Simplify the complexity of Medicare claims

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  • Ohio hospital lays off some workers, cuts hours for others

    Fisher-Titus Medical Center, a 99-bed hospital in Norwalk, Ohio, has laid off some workers in nonclinical roles and reduced hours for others, the Sandusky Register reported April 2. 
  • CHS hospitals by state

    Franklin, Tenn.-based Community Health Systems currently operates 71 hospitals, down from 102 in 2019. 
  • What CFOs can learn from the Change Healthcare cyberattack

    The increasing frequency of disruptive events like the Change Healthcare cyberattack means that "enhancing preparations is more important than ever," according to an April 2 report from Kaufman Hall.
  • 7 things to know about Risant Health

    Washington, D.C.-based Risant Health, a nonprofit organization that is part of Oakland, Calif.-based Kaiser Permanente, completed the acquisition of its first health system, Danville, Pa.-based Geisinger, on March 31. 
  • ProMedica and MetroHealth to close skilled nursing, rehabilitation services at Ohio hospital

    Toledo, Ohio-based ProMedica and Cleveland-based MetroHealth are closing their joint venture skilled nursing and rehabilitation facility at MetroHealth's Old Brooklyn Medical Center.
  • CHS' CEO-to-worker pay ratio in 2023

    Franklin, Tenn.-based Community Health Systems CEO Tim Hingtgen was paid 96 times more than the health system's median employee in 2023, according to a proxy statement filed March 28 with the Securities and Exchange Commission.
  • Most CFOs say collecting from Medicare Advantage is getting harder

    Ninety-two percent of health system CFOs surveyed said that collecting from Medicare Advantage plans is more difficult than it was two years ago, according to a report from the Healthcare Financial Management Association and Eliciting Insights. 
  • CarePoint taps Michigan company to stabilize finances

    Flint, Mich.-based Insight, a health network that includes two hospitals and multiple ASCs, has stepped in to run operations and stabilize finances at CarePoint Health, according to Bloomberg.
  • Closed New York hospital up for auction

    Lockport, N.Y.-based Eastern Niagara Hospital will go up for auction following its closure last June. 
  • Alabama hospital to end inpatient, emergency care

    Regional Medical Center Health System plans to end inpatient services at Stringfellow Memorial Hospital in Anniston, Ala., and transition the emergency department to its main hospital campus, which is about a mile away, al.com reported March 28. 
  • 10 RCM headlines to know from March

    From updates on the fallout from the Change Healthcare cyberattack to a Delaware health system partnering with Ensemble, here are 10 RCM headlines Becker's reported in March: 
  • Intermountain Idaho physician group closes; 10 locations affected

    Editor's note: This story was updated at 9:30 a.m. Central time April 2.  Salt Lake City-based Intermountain Health's physician group Saltzer Health in Nampa, Idaho, closed March 29.
  • 24 statistics on hospital profitability

    While operating margins for nonprofit hospitals dropped slightly nationwide from January to February, their financial performance has made great strides year over year, according to the Kaufman Hall National Hospital Flash Report, released March 27.

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