Today's Top 20 Health Finance Articles
  • Kaiser posts $4.1B net income in 2023

    Oakland, Calif.-based Kaiser Permanente reported $329 million in operating income (0.3% margin) in 2023, a significant improvement on the $1.3 billion operating loss (-1.3% margin) it reported in 2022. 
  • Mayo steps up to plug care gaps as HSHS exits Wisconsin

    Mayo Clinic is striving to help close a significant gap in patient care in Western Wisconsin, where two hospitals and almost 20 clinics are expected to close in the coming months.
  • 10 states with the most private equity-backed hospitals

    Texas has the lion's share of the 460 private equity-backed hospitals in the U.S., according to the Private Equity Stakeholder Project's Private Equity Hospital Tracker.
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • St. Charles Health sees operating performance turnaround

    Bend, Ore.-based St. Charles Health System's bond outlook has been revised from negative to stable by S&P Global ratings following years of challenge brought on by the pandemic, staffing shortages and financial woes.
  • 11 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.
  • 26% of private equity-owned hospitals serve rural populations

    Private equity firms own about 460 US hospitals, with 26% of those hospitals serving rural populations, according to new data published Feb. 8 by the Private Equity Stakeholder Project.
  • Why Optum, SSM Health cut ties

    St. Louis-based SSM Health and UnitedHealth Group's Optum ended their administrative partnership around inpatient care management, digital transformation and revenue cycle management after the two organizations were not able to meet "mutually agreed-upon expectations."
  • Simplify the complexity of Medicare claims

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  • 'Opportunistic' growth ahead for Tenet in 2024

    Along with a net income of $1.3 billion in 2023, Dallas-based Tenet Healthcare saw ramped up merger and acquisition activity last year, including plans to continue the momentum in 2024.
  • Tenet combines hospital, RCM segments

    Dallas-based Tenet Healthcare has combined Conifer Health Solutions, its revenue cycle management subsidiary, and its hospital operations into a single operating segment, according to its financial report released Feb. 8.
  • Illinois hospital looks for financial partner to ensure continued care

    Dixon, Ill.-based Katherine Shaw Bethea Hospital's board of directors has voted to start the search for potential partners to help cement the hospital's continued delivery of medical services amid continued financial pressures.
  • Kansas hospital seeks 1% sales tax spike to tackle financial struggles

    Norton (Kan.) County Hospital leaders are seeking a 1% county sales tax increase for the 25-bed critical access hospital and the Norton Medical Clinic in a recent letter addressed to the Norton Area Chamber of Commerce. 
  • 10 things to know about Orlando Health

    Orlando (Fla.) Health ended the 2023 fiscal year with an 8.1% operating margin, one of the highest margins among both for-profit and nonprofit health systems.
  • Tenet sees $1.3B net income in 2023: 7 details

    Dallas-based Tenet Healthcare saw a net income of $456 million in the fourth quarter, up from $274 million over the same period in 2022, according to its financial report released Feb. 8.
  • Why 4 health systems are outsourcing RCM to Optum

    Becker's has reported on four health systems that have outsourced revenue cycle and other services to Optum since January 2023. Here is why leaders of those systems have said they outsourced these services. 
  • How healthcare factors into federal budget deficit projections

    The federal deficit is projected to increase from $1.6 trillion in 2024 to $2.6 trillion in 2034, according to the Congressional Budget Office outlook released Feb. 7. 
  • California hospital to cut services, lay off staff

    Oakdale, Calif.-based Oak Valley Hospital District is scaling back services and implementing layoffs to shore up its finances "amid ongoing challenges faced by rural hospitals." 
  • Massachusetts hospital to reopen 1 year post-fire

    Brockton (Mass.) Hospital, owned by Brockton-based Signature Healthcare, is expected to reopen later this spring following a 10-alarm electrical fire that shut down the hospital last February. 
  • 'Profitable and ahead of budget': Care New England off to strong start in FY24

    Providence, R.I.-based Care New England improved its operating performance by $44 million in the fiscal year ending Sept. 30, 2023, from $58 million in operating loss in fiscal 2022 to $14.1 million in fiscal 2023, according to its fourth-quarter investor report shared with Becker's. 
  • PE firm buys majority stake in RCM company Health Prime

    Private equity firm Aquiline Capital Partners has acquired a majority stake in Health Prime International, which provides revenue cycle management services for physician practices. 
  • Pennsylvania hospital closing maternity services

    St. Marys, Pa.-based Penn Highlands Elk, part of DuBois, Pa.-based Penn Highlands Healthcare, is closing its labor and delivery services on May 1.

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