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. 

Nine hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 

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. 

Franklin, Tenn.-based Community Health Systems currently operates 71 hospitals, down from 102 in 2019. 

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.

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. 

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.

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.

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. 

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.

Lockport, N.Y.-based Eastern Niagara Hospital will go up for auction following its closure last June. 

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. 

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: 

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.

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.

East Meadow, N.Y.-based Nassau University Medical Center has responded to a letter from the state health commissioner that stated that NUMC must improve its financial picture to receive $83 million in emergency state funding to stay open.

CMS has released proposed payment rules for hospices and inpatient rehabilitation, psychiatric and skilled nursing facilities in fiscal year 2025.

The cost of healthcare is the No. 1 financial concern in retirement, according to research published March 28 by eHealth, an online private health insurance marketplace, and Retirable, a financial technology company. 

Here are 23 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody's Investors Service released in 2024.

Richmond, Va.-based VCU Health recently received positive bond ratings from Moody's ("Aa3") and S&P.("AA-"), highlighting the health system's strong financial standing and potential to grow.