Today's Top 20 Health Finance Articles
  • Bankrupt California hospital has 3 potential buyers

    A letter of intent to purchase Hollister, Calif.-based Hazel Hawkins Hospital has been submitted by Flint, Mich.-based Insight Foundation of America, a nonprofit corporation, to the San Benito (Calif.) Health Care District, which oversees the hospital. 
  • 3 health systems ending RCM partnerships

    SSM Health and Optum recently ended a partnership that involved revenue cycle management. Here is more on that and two other health systems that ended RCM partnerships since Aug. 4: 
  • Hospitals with revenues under $500M likely to struggle this year

    Despite a modest turning point for some hospital and health system margins in 2023, this year is expected to be another "make or break" year for much of the sector, particularly among smaller hospitals with annual revenues under $500 million, according to outlooks from Fitch Ratings and S&P Global Ratings.
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • Hospital financial 'never events' need attention

    There have been plenty of contentious payer negotiations in the last year as hospitals request increased pay rates to match inflation and cover services for the community while insurers seek slower rate growth after the pandemic.
  • 10 providers seeking RCM talent

    Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • Kettering hospital to close ER

    Kettering (Ohio) Health plans to close its emergency department at Kettering Health Piqua on Feb. 1.
  • 4 health systems outsourcing RCM functions

    Becker's has reported on four health systems that have opted to outsource finance jobs or other revenue cycle functions since Oct. 4: 
  • Simplify the complexity of Medicare claims

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  • Ventra Health, Advocate RCM merge

    Revenue cycle management companies Ventra Heath and Advocate RCM are combining. 
  • Steward $50M behind on rent

    Dallas-based Steward Health Care System was approximately $50 million behind on its rent at year-end to Medical Properties Trust, the largest hospital landlord in the U.S.
  • 'We exceeded our budget expectations': Wisconsin health system CFO on 2023 fiscal year

    Madison, Wis.-based UW Health finished the 2023 fiscal year in the black.
  • Cano Health hit with NYSE delisting warning

    Miami-based primary care provider Cano Health said it is accelerating its transformation plan after being hit with a New York Stock Exchange delisting warning. 
  • CVS Health replaces CFO, healthcare lead

    CVS Health announced two leaders to permanently replace Shawn Guertin as CFO and head of healthcare delivery as Mr. Guertin prepares to resign.
  • 'I'm filled with optimism': New Orleans East Hospital's journey to value-based care

    New Orleans East Hospital was built after Hurricane Katrina destroyed the previous hospital in 2005. Ten years after it opened, President and CEO Takeisha Davis, MD, is focused on implementing quality-based performance measures and population health to transform health within the community.
  • Hospitals won't see a 'V-shaped recovery'

    Hospitals are starting to dig themselves out of a formidable operating trench, but results for the sector still lag far behind pre-pandemic levels, according to Fitch Ratings.
  • 'The current model doesn't work': Illinois hospital CEO on private equity hospital acquisition

    As more hospitals continue to be picked up by private equity firms, recent studies have tied these acquisitions to adverse patient outcomes. 
  • Walgreens halfway through VillageMD closures

    Walgreens Boots Alliance is almost halfway through its plan to close 60 VillageMD locations in fiscal 2024 as it works through its cost-cutting strategy and prioritizes density in markets with attractive growth opportunities, CEO Tim Wentworth said during the company's fiscal first quarter earnings call on Jan. 4.  
  • HCA Virginia hospital temporarily closing obstetrics services

    Blacksburg, Va.-based LewisGale Hospital Montgomery, part of HCA Virginia Health System, is temporarily discontinuing its obstetrics services effective April 1, a spokesperson at the hospital told Becker's in a statement. 
  • The state of price transparency compliance in 2024

    More than 90% of hospitals that are required to post a machine-readable file have done so as of Dec. 15, according to a Jan. 4 report from Turquoise Health. 
  • Home health company launches $1B IPO

    Louisville, Ky.-based BrightSpring Health Services, a home and community-based health services provider, on Jan. 2 filed for an initial public offering, listing several of Wall Street's biggest banks in its plans, according to Bloomerg. 
  • Optum, SSM Health end partnership

    St. Louis-based SSM Health and UnitedHealth Group's Optum have ended their administrative partnership around inpatient care management, digital transformation and revenue cycle management, an SSM Health spokesperson confirmed with Becker's.

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