Today's Top 20 Health Finance Articles
  • Conifer spinoff may not happen, Tenet says

    The spinoff of Tenet Healthcare's revenue cycle division, Conifer, may not happen, the Dallas-based for-profit hospital operator said in its fourth-quarter earnings call Feb. 8. 
  • Hospitals use federal COVID-19 relief funds to cover difference from travel rates

    As hospitals pay nurses top dollar to compete with staffing agencies, some hospitals are using COVID-19 relief funds to make up the difference between wages for full-time staff and travel staff, The Wall Street Journal reported Feb. 8.
  • Think like a newcomer: How finance teams can shift strategies to stay competitive

    Health systems are sitting on troves of data that often languish unused in silos, but this data can supercharge an organization's ability to compete with nimble new competitors.
  • 33 best RCM tools, ranked by KLAS

    KLAS Research, a healthcare IT data and insights company, named its "Best in KLAS" revenue cycle management tools for 2022.
  • Nonprofit has weeks to raise funds to save California hospital

    Pajaro Valley Healthcare District Project, a nonprofit formed to save Watsonville (Calif.) Community Hospital, has weeks to come up with millions of dollars to purchase the facility out of bankruptcy, according to KSBW. 
  • Rhode Island hospital ineligible for federal funding

    Cranston, R.I.-based Eleanor Slater Hospital is ineligible for federal funding because it has too many psychiatric patients, according to WPRI. 
  • 38 top-rated hospitals hit with Medicare penalties

    CMS will trim 764 hospitals' Medicare payments in fiscal year 2022 for having the highest rates of patient injuries and infections. Thirty-eight of those hospitals are simultaneously ranked as the best in the country by CMS, according to Kaiser Health News. 
  • Tenet sees annual profit more than double, plans to retire $700M of debt

    Dallas-based Tenet Healthcare ended 2021 with a net income from continuing operations of $915 million, more than doubling the $399 million recorded the same period one year before. 
  • Coalition delivers petition to 5 New York City hospitals, urging fair prices

    Thousands of New Yorkers signed a petition by the Coalition for Affordable Hospitals, which calls on five New York City hospitals to take immediate action to provide fair medical prices.
  • 6 medical bills that recently made headlines

    Six medical bills made headlines in the last six months, including an $847 "facility fee" for a telehealth visit and a $54,000 bill for a COVID-19 test.
  • 9 hospitals seeking CFOs

    Below are nine hospitals and health systems that recently posted job listings seeking CFOs.
  • Ohio hospital to cut 125 jobs, end services in restructuring

    Southern Ohio Medical Center in Portsmouth will cut 125 jobs as part of a restructuring aimed at addressing the challenges brought by the COVID-19 pandemic, according to the Portsmouth Daily Times.
  • States move to relieve patient medical debt

    At least 10 states, including Connecticut, Maryland, New Mexico and Maine, have passed laws in the last year requiring hospitals to give low-income patients financial assistance, the Wall Street Journal reported Feb. 7.
  • The cost of the opioid epidemic, by the numbers

    CDC data shows overdose deaths from opioids increased to an estimated 75,673 deaths in the 12-month period ending April 2021, compared to 56,064 deaths during the same period in 2020, an increase of 28.5 percent.
  • 5 HRSA actions in January to battle COVID-19, improve health equity

    The Health Resources and Services Administration took several steps in January to help the healthcare workforce, provide COVID-19 relief and improve health equity.
  • Meeting US' 2030 climate goals would save $33B in health costs, study says

    If the United States were to meet its Paris agreement climate goals by 2030, about $33 billion would be saved over the years, equivalent to an avoided 3,794 premature deaths in that year, a January study by Resources for the Future found.
  • State-by-state breakdown of $11B phase 4 Provider Relief Fund payments

    HHS has provided about $11 billion of the $17 billion in phase 4 of the Provider Relief Fund payments, which went to more than 74,000 providers.
  • 3 recent hospital closures

    Three hospitals — one in Illinois and two in Pennsylvania — have closed since Dec. 31. 
  • 9 recent CMS updates

    CMS took several actions in the last month to cut hospitals' Medicare payments, cover COVID-19 tests and more. Here are nine recent updates:
  • 5 healthcare organizations outsourcing RCM

    Several healthcare organizations have decided to outsource finance jobs or other revenue cycle functions in the last few months. 

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