Today's Top 20 Health Finance Articles
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Washington hospitals lost $1.74B in 2023
Washington hospitals suffered a collective $1.74 billion in operating losses in 2023, according to an April 23 report from the Washington State Hospital Association. -
Alabama hospital laying off 95
Union Springs, Ala.-based Bullock County Hospital is looking to become a rural emergency hospital and is ending psychiatric services as part of the transition, AL.com reported April 25. -
Intermountain to exit Kansas with clinic changes
Salt Lake City-based Intermountain Health is making changes with three Kansas clinics, effectively ending its operations in the state. -
4 RCM companies making executive moves
Here are four revenue cycle management companies that have made executive leadership moves since March 25: -
Tenet's CEO-to-worker pay ratio over the past 5 years
Dallas-based Tenet Healthcare CEOs were paid between 189 and 452 times more than the health system's median employee between 2019 and 2023, according to proxy statements filed with the Securities and Exchange Commission. -
Hospital groups react to Medicaid access and payment rules
CMS published two final rules on April 22 designed to expand access in the Medicaid fee-for-service and managed care programs. -
CMS final rules to boost Medicaid, CHIP access and payment: 11 things to know
CMS has published two final rules designed to expand access in the Medicaid fee-for-service and managed care programs. -
Jackson Health lays off hospital CEO, staff amid financial woes
Jackson Health System has reduced compensation programs for senior leaders; laid off fewer than 25 people, including one hospital CEO; and frozen many vacant positions, especially in support and nonclinical areas, a spokesperson for the Miami-based organization confirmed to Becker's. -
Arkansas system's payer strategy sparked big financial turnaround
The last few years have been challenging for hospitals and health systems across the U.S., especially smaller regional systems and independent hospitals. But now many C-suite leaders are setting their sights on growth again. -
Oregon hospital plans layoffs amid RCM outsourcing
Coos Bay, Ore.-based Bay Area Hospital plans to layoff several workers in non-patient-facing roles as it outsources its revenue cycle management operations, a spokesperson for the hospital confirmed to Becker's. -
California hospital to lay off 191 workers as it faces loss of Medicare contract
Stanislaus Surgical Hospital in Modesto, Calif., which is facing a decision from CMS to end its Medicare contract, is laying off 191 employees, according to regulatory documents filed with the state April 15. -
25 states at most risk of rural hospital closures
Rural hospital closures picked up in 2023 and nearly 700 rural hospitals face continued risk of closing due to serious financial challenges, with some states facing critical conditions in the short term. -
HCA's CEO-to-worker pay ratio over the past 5 years
Nashville, Tenn.-based HCA Healthcare CEO Sam Hazen was paid between 254 and 556 times more than the health system's median employee since becoming the health system's chief executive in 2019, according to proxy statements filed with the Securities and Exchange Commission. -
SUNY Downstate gets $300M in New York 2025 budget
New York Gov. Kathy Hochul's final 2025 budget has provided $300 million in capital funding and up to $100 million in operating expenses to support SUNY Downstate Health Sciences University, which includes University Hospital at Downstate, in New York City's Brooklyn borough. -
Availity taps R1 RCM exec as chief product officer
Revenue cycle management company Availity has named Sean Barrett chief product officer. -
Texas hospital struggling to make payroll at risk of closure
North Runnels Hospital in Winters, Texas, does not currently have enough funds to make payroll and is at risk of closing, local news outlet bigcountryhomepage.com reported April 21. -
2 MU Health Care urgent clinics to close ahead of larger facility opening
Columbia, Mo.-based University of Missouri Health Care has shared plans to close two of its urgent care facilities and open an expanded urgent care clinic in Jefferson City, Mo., on May 30. -
Lee Health projects $1B gain in 10 years with private nonprofit conversion
Fort Myers, Fla.-based Lee Health, a public hospital, would realize $1 billion more net patient revenue over the next decade if it becomes a private nonprofit system, according to a report in the News Press. -
New York governor reaches deal to keep SUNY Downstate open
New York Gov. Kathy Hochul has reached a deal with state legislature to keep University Hospital at Downstate in New York City's Brooklyn borough open. -
MU Health Care working to meet financial goals
Columbia-based University of Missouri Health Care's expenditures are exceeding its operating budget, KBIA reported April 19.
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