Today's Top 20 Health Finance Articles
  • 14 latest hospital closures

    From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to shut down. In the past year, financial damage linked to the COVID-19 pandemic has put many hospitals in a fragile financial position and forced a few to close. 
  • NewYork-Presbyterian gives $20M to help establish new health school

    New York City-based NewYork-Presbyterian has donated $20 million to Iona College in New Rochelle, N.Y., to help establish a new school of health sciences, according to The Journal News. 
  • 9 numbers that show the reach of R1 RCM

    Here are nine quick notes that show the reach of R1 RCM, a revenue cycle management company serving hospitals, health systems and physician groups across the U.S.
  • The radical common sense of human understanding

    Your team needs radical common sense. Learn why human understanding is the key to a more responsive health system.
  • 'Relentless' cyberattacks no good for hospital finances, Fitch says

    Nonprofit hospitals and health systems will need to plan for increased revenue and expense pressure from "relentless" cyberattacks, Fitch Ratings said July 22. 
  • GAO to HHS: Share plan for $43.7B of unused provider relief funds

    About 25 percent of the provider relief funds remain unused, and HHS should reveal plans on how and when it will allocate the unspent funds, the Government Accountability Office said in a July 19 report. 
  • Parents hit with $270K medical bill over 'birthday rule' inspire changes

    In January, a Kansas couple shared the story of how they received a $270,951 medical bill after the birth of their first child — even though they're both insured. Now, a state representative is proposing legislation to ensure stories like theirs don't happen again.
  • The case for fintech in healthcare

    Fintech has transformed many aspects of financial services over the past decade. Technologies such as AI and machine learning, for example, have helped unlock credit access to the previously unbanked. Likewise, fintech is helping to reduce fraud, speed up processes and enhance user experiences—all of which has led to the great unbundling of financial services.
  • Drive financial savings by optimizing medical device inventory — Here's how

    The transition of care is starting to prove costly for health systems. Here's the finanicial lever hospitals are engaging to alleviate that.
  • Preparing for Financial Wellness and Other Key Learning Discussed During the Latest Becker's Advisory Board Call

    Healthcare leaders convened during the Becker's Hospital Review Advisory Board Call on June 2, 2021 to discuss healthcare's evolution to transform the patient financial experience and how it impacts healthcare institutions' financial performance. As hospitals and health systems increasingly explore ways to improve their revenue cycle management practices and look for ways to create a sustainable financial infrastructure, they are also prioritizing the patient experience.
  • 10 numbers showing hospitals' financial recovery

    The COVID-19 pandemic caused significant revenue losses for hospitals as elective surgery volumes dwindled and reimbursement lagged. Despite this, hospitals recently have seen financial improvements. Here are 10 numbers that illustrate hospitals' financial recovery. 
  • As 10% physician pay cuts loom, AMA urges Congressional action

    The American Medical Association is sounding the alarm on upcoming pay cuts for physician practices and Congress' alleged indifference about the reimbursement changes. 
  • Tenet posts $120M profit in Q2

    Dallas-based Tenet Healthcare saw its revenue and net income increase year over year in the second quarter of this year. 
  • Healthcare groups back 'Value Act': 5 things to know

    In a July 20 letter to House lawmakers, 14 healthcare groups said the transition to value-based reimbursement is at a "critical juncture," and legislation like the Value in Health Care Act of 2021 is key to reform.
  • 10 health systems seeking RCM talent

    Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • Pay cut forces Health Partners to lay off 560 workers

    Health Partners, one of the largest home healthcare providers in Michigan, laid off 560 employees at the beginning of July, including nurses, nursing assistants, therapists and direct care workers, according to Crain's Detroit Business. 
  • 18 health systems with strong finances

    Here are 18 health systems with strong operational metrics and solid financial positions, according to reports from Fitch Ratings, Moody's Investors Service and S&P Global Ratings.
  • Americans' medical debt tops $140B, study finds

    Collection agencies held $140 billion in unpaid medical debt in 2020, according to a study published July 20 in JAMA.
  • Nonprofit hospital upgrades outpaced downgrades in Q2, Fitch says

    Nonprofit U.S. hospitals saw more credit rating upgrades than downgrades in the second quarter of 2021, Fitch Ratings said July 20.
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • HCA sees revenue grow 30% to $14B in Q2

    Nashville, Tenn.-based HCA Healthcare saw its revenue grow 30 percent in the second quarter of 2021, as inpatient, outpatient and emergency department visits saw double-digit percentage growth year over year.
  • CMS proposed outpatient payment rule for 2022: 7 things to know

    CMS unveiled on July 19 its Outpatient Prospective Payment System proposed rule for 2022, which boosts penalties for hospitals not complying with price transparency and halts the elimination of the inpatient-only list.

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