Today's Top 20 Health Finance Articles
  • From -6.8% to 12.2%: 34 health systems ranked by operating margins

    Health system operating margins improved in 2023 after a tumultuous 2022. Increased revenue from rebounding patient volumes helped offset the high costs of labor and supplies for many systems, but some continue to face challenges turning a financial corner. 
  • Ascension vs. CommonSpirit vs. Trinity: How the 3 largest nonprofit systems' finances compare

    The three largest nonprofit health systems in the U.S., Ascension, CommonSpirit Health and Trinity Health, reported significant cuts to their six-month operating losses for the period ended Dec. 31:
  • The plight of health system-owned Medicare Advantage plans 

    Medicare Advantage continues to see unprecedented enrollment growth, but not for everyone.
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • Colorado lawmakers aim to stave off Denver Health 'death spiral'

    The Colorado Legislature's Joint Budget Committee gave initial approval to give Denver Health a $5 million infusion for the second time in just over a year, but acknowledged the funds are not enough to solve the safety-net hospital's long term challenges, The Denver Post reported March 8. 
  • Hospitals face rising labor bill

    The labor crisis in many industries has stabilized, but impending retirements and high demand for healthcare services will likely reignite labor shortages in the sector, according to a March 5 report from Moody's Investor Services.
  • Tennessee hospital to close March 9

    Jellico (Tenn.) Regional Hospital will close March 9, according to local news outlet WVLT.
  • Delaware system strikes RCM partnership with Ensemble

    Lewes, Del.-based Beebe Healthcare has selected Ensemble Health Partners to manage all of its revenue cycle operations. 
  • Simplify the complexity of Medicare claims

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  • Scripps Health transferring California hospital obstetrics services, 134 employees affected

    Scripps Mercy Chula Vista (Calif.) hospital, part of San Diego-based Scripps Health, is transferring its obstetrics care services and Rady Children's neonatal intensive care unit to its Scripps Mercy Hospital San Diego campus. 
  • How NYC Health + Hospitals is reining in travel nurse expenses

    NYC Health + Hospitals has made progress in decreasing its dependence on travel nurses, though staffing expenditures still exceed the public health system's allocated budget, executives told New York City Council leaders during a preliminary budget hearing March 5. 
  • Providence deploys restructuring, renewal plan

    Renton, Wash.-based Providence is deploying a "restructuring and renewal" plan to address medium-term challenges and position its core assets for performance across multiple industry scenarios in the coming years, the health system said in its March 7 financial report. 
  • Steward Florida hospital cuts staff, services

    Miami-based North Shore Medical Center, part of Dallas-based Steward Health Care, has started conducting layoffs as part of cuts to some of its programs amid the health system's continued financial struggles. 
  • Large health system vs. payer profits in 2023

    A majority of the nation's largest health systems and payers have filed their fourth-quarter earnings reports. Becker's has compiled their year-end net incomes and losses to examine where the healthcare financial landscape stands among the largest players as of Dec. 31.
  • Why Americans lie about money

    More than half of Americans have been increasingly worried about money — and over one-third are embarrassed by their finances, according to a recent study from Wells Fargo. 
  • RWJBarnabas drops employee GLP-1 coverage for weight loss

    West Orange, N.J.-based RWJBarnabas Health has ended coverage under its employee health plan for GLP-1s when prescribed for weight loss, a system spokesperson confirmed with Becker's.
  • Providence reduces operating deficit by $500M

    Renton, Wash.-based Providence reported a $1.2 billion operating loss in 2023 — an improvement from a $1.7 billion operating loss in 2022, according to its March 7 financial report. 
  • Global healthcare reimbursements to exceed $36B by 2030, study predicts

    A report by Fairfield Market Research, a U.K.-based market research provider, suggests that the global healthcare reimbursement market could reach $36 billion in value by the end of 2030 due to the increased demand for sustainable and efficient healthcare financing models. 
  • Healthcare spending package heads to Senate

    The Senate is set to consider a package of six appropriation bills this week that includes certain provisions related to healthcare, according to the American Hospital Association. 
  • Layoffs cool as hospital margins stabilize

    Layoffs are slowing at hospitals and health systems as margins gradually improve, but CFOs continue to focus on controlling costs — particularly on the labor and supply fronts — to secure the long-term sustainability of their organizations.
  • 6 health systems seeking revenue cycle vice presidents

    Six hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 
  • MGB pediatric practice closing, transferring services

    Northampton, Massachusetts-based Cooley Dickinson Hospital, part of Somerville, Mass.-based Mass General Brigham, is closing its South Deerfield, Mass.-based Sugarloaf Pediatrics practice and transitioning services to Amherst, Mass.-based Northampton Area Pediatrics, effective July 1.

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