Today's Top 20 Health Finance Articles
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CMS finalizes prior authorization rule expected to save $15B
CMS has finalized a rule to streamline the prior authorization process and improve the electronic exchange of health information that it estimates will save $15 billion over 10 years. -
California health system turning competitors into partners
Escondido, Calif.-based Palomar Health has had a challenging few years, President and CEO Diane Hansen told Becker's. But there are exciting plans ahead with the opportunity for new and unique partnerships. -
Look to reimbursement to ease pediatrician shortages, UChicago leader says
As healthcare staffing shortages persist, one specialty that continues to feel the scarcity is pediatrics. -
Central Maine Healthcare cuts 45 jobs
Lewiston-based Central Maine Healthcare is laying off 45 employees as part of management reorganization. -
Florida hospital cuts ER airlift service, conducts layoffs
Lewisville, Texas-based Med-Trans, a medical transport provider, closed its UF Health ShandsCair base serving Gainesville, Fla.-based UF Health Shands Hospital on Jan. 10 due to decreased transportation demands. -
Hospitals are back in the municipal bond market: 5 things to know
Hospitals are turning to the municipal bond market at a significantly higher rate than they did a year ago as they target a shift from "survival to revival," Bloomberg reported Jan. 12. -
LCMC merger sees $220M expansion
New Orleans-based LCMC Health is moving forward with expansion plans after its $150 million purchase of three HCA Healthcare hospitals. -
City sounds alarms on cash-strapped Florida hospital
The city of Jacksonville, Fla., is reevaluating its agreement with UF Health Jacksonville after the hospital lost a significant amount of money in the last fiscal year. -
10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs. -
Wisconsin system furloughs 3% of staff
Marshfield (Wis.) Clinic Health System is furloughing 3% of its workforce to help hit its financial turnaround goals. -
'Collaboration will reduce the cost': Penn Medicine CEO talks mergers, margin improvements
From maintaining a positive ratings outlook to having an engaged workforce, Kevin Mahoney, CEO of the University of Pennsylvania Health System, part of Philadelphia-based Penn Medicine said overall, 2023 was great for the health system, and for 2024, it's about continued margin improvement. -
Illinois cancer institute gets $10M state investment
Illinois Governor J.B. Pritzker awarded Carbondale-based Southern Illinois Healthcare a $10 million grant for its recent Carterville-based SIH Cancer Institute expansion. -
10 hospitals closing departments or ending services
A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages. -
Apollo's 220-hospital 'stranglehold' harms patients and workers, report alleges
Private equity firm Apollo Global Management's ownership of two large health systems — Louisville, Ky.-based ScionHealth and Brentwood, Tenn.-based Lifepoint Health — downgrades hospital services, hurts workers and puts patients at risk, according to a study published Jan. 11 by the Private Equity Stakeholder Project. -
Why Nashville General Hospital is bringing employers into payer conversations
Niobis Queiro, interim chief revenue cycle officer at Nashville (Tenn.) General Hospital, said she believes both providers and payers want to give good care. The problem is payers also have a boss: the employers. -
2 Pennsylvania residency programs closing
Upland, Pa.-based Crozer-Chester Medical Center and Philadelphia-based Jefferson Einstein Hospital both announced closures to their residency programs the week of Jan. 7. -
Maine nursing homes face over $96M shortage, potential closures
As Maine nursing facility closures continue, the state has lost 23 nursing homes in less than 10 years, with nine of the closures happening since 2020. -
County ends deal assisting Minnesota system's patients with bills
Hennepin County, Minn., has ended a contract with Robbinsdale, Minn.-based North Memorial Health that gave the health system $24 million annually for a program to help patients struggling to pay for medical bills, NBC affiliate KARE reported Jan. 11. -
Intermountain's plan to narrow the payer-provider chasm
The payer-provider relationship is tough as inflation increases the cost of care while insurance companies aim to keep costs down in preparation for the aging population to expand. -
Providence closing outpatient labs across California
Renton, Wash.-based Providence, a nonprofit, faith-based health system, is closing its outpatient lab service line across multiple California hospitals to strengthen care delivery and partnerships with other lab service organizations, a spokesperson for Providence said in a statement shared with Becker's.
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