Today's Top 20 Health Finance Articles
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What CFOs can learn from the Change Healthcare cyberattack
The increasing frequency of disruptive events like the Change Healthcare cyberattack means that "enhancing preparations is more important than ever," according to an April 2 report from Kaufman Hall. -
7 things to know about Risant Health
Washington, D.C.-based Risant Health, a nonprofit organization that is part of Oakland, Calif.-based Kaiser Permanente, completed the acquisition of its first health system, Danville, Pa.-based Geisinger, on March 31. -
ProMedica and MetroHealth to close skilled nursing, rehabilitation services at Ohio hospital
Toledo, Ohio-based ProMedica and Cleveland-based MetroHealth are closing their joint venture skilled nursing and rehabilitation facility at MetroHealth's Old Brooklyn Medical Center. -
CHS' CEO-to-worker pay ratio in 2023
Franklin, Tenn.-based Community Health Systems CEO Tim Hingtgen was paid 96 times more than the health system's median employee in 2023, according to a proxy statement filed March 28 with the Securities and Exchange Commission. -
Most CFOs say collecting from Medicare Advantage is getting harder
Ninety-two percent of health system CFOs surveyed said that collecting from Medicare Advantage plans is more difficult than it was two years ago, according to a report from the Healthcare Financial Management Association and Eliciting Insights. -
CarePoint taps Michigan company to stabilize finances
Flint, Mich.-based Insight, a health network that includes two hospitals and multiple ASCs, has stepped in to run operations and stabilize finances at CarePoint Health, according to Bloomberg. -
Closed New York hospital up for auction
Lockport, N.Y.-based Eastern Niagara Hospital will go up for auction following its closure last June. -
Alabama hospital to end inpatient, emergency care
Regional Medical Center Health System plans to end inpatient services at Stringfellow Memorial Hospital in Anniston, Ala., and transition the emergency department to its main hospital campus, which is about a mile away, al.com reported March 28. -
10 RCM headlines to know from March
From updates on the fallout from the Change Healthcare cyberattack to a Delaware health system partnering with Ensemble, here are 10 RCM headlines Becker's reported in March: -
Intermountain Idaho physician group closes; 10 locations affected
Editor's note: This story was updated at 9:30 a.m. Central time April 2. Salt Lake City-based Intermountain Health's physician group Saltzer Health in Nampa, Idaho, closed March 29. -
24 statistics on hospital profitability
While operating margins for nonprofit hospitals dropped slightly nationwide from January to February, their financial performance has made great strides year over year, according to the Kaufman Hall National Hospital Flash Report, released March 27. -
New York hospital argues it met requirements for $83M from state
East Meadow, N.Y.-based Nassau University Medical Center has responded to a letter from the state health commissioner that stated that NUMC must improve its financial picture to receive $83 million in emergency state funding to stay open. -
CMS releases 4 proposed payment rules: 15 things to know
CMS has released proposed payment rules for hospices and inpatient rehabilitation, psychiatric and skilled nursing facilities in fiscal year 2025. -
Healthcare costs top retirees' financial worries
The cost of healthcare is the No. 1 financial concern in retirement, according to research published March 28 by eHealth, an online private health insurance marketplace, and Retirable, a financial technology company. -
23 health systems with strong finances
Here are 23 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody's Investors Service released in 2024. -
VCU Health's bond ratings 'an indicator of success,' CFO says
Richmond, Va.-based VCU Health recently received positive bond ratings from Moody's ("Aa3") and S&P.("AA-"), highlighting the health system's strong financial standing and potential to grow. -
CHS' highest-earning executives in 2023
Franklin, Tenn.-based Community Health Systems, which reported $957 million in operating income (7.7% margin) in 2023, has increased base salaries and updated compensation structures for several key executives in fiscal year 2024. -
SUNY Downstate Health Sciences U partnership aims to improve price transparency
SUNY Downstate Health Sciences University in the Brooklyn borough of New York City has partnered with Mishe, a healthcare platform aimed at eliminating provider and payer barriers, to improve price transparency by launching Downstate's Transparent Access Plan. -
32 physicians leave Optum-owned medical group in 2 years
Eugene-based Oregon Medical Group is dropping some patients due to a lack of available physicians, 32 of whom have departed from the organization over the last two years, The Oregonian reported March 27. -
Texas hospital to discontinue long-term acute services
Tyler-based UT Health East Texas is discontinuing its long-term acute care services in April.
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