The Orange County Health Facilities Authority is selling $300 million worth of bonds on behalf of Orlando (Fla.) Health, according to a Feb. 2 filing.

Louisville, Ky.-based Norton Healthcare is expanding its financial assistance program to those with a household income equal to or less than 350 percent of the federal poverty guidelines. 

Hartford (Conn.) HealthCare reported positive operating net income of $60.7 million in fiscal 2022 even as its overall income dipped amid losses on investment values.

Salisbury, Md.-based TidalHealth had a debt rating outlook revised from stable to negative as the healthcare system continues to navigate operating losses, S&P Global said.

Despite the issues facing rural healthcare providers,  65 percent of rural hospitals are confident that they will not merge with a larger organization in the next five years, according to a new report from accounting firm Wipfli.

The explosion of revenue cycle data in recent years has created an imperative for healthcare organizations to make optimal use of advanced analytics — or miss out on opportunities to improve financial performance.

Several 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.

The Federal Reserve has raised its benchmark interest rate by 0.25 percent and indicated that more increases could be coming before it drops the rates.

Portland-based Maine Medical Center, part of the MaineHealth system, is ending its multiyear fundraising campaign to help with facility expansion after raising more money than it originally planned.

RCM company CorroHealth has named Jerilyn Morrissey, MD, its chief medical officer. 

After the December closure of Clinton (Okla.) Regional Hospital, residents are placing their hopes of renewed medical services on a March 7 special election, Oklahoma Watch reported Feb. 1.

State College, Pa.-based Mount Nittany Medical Center saw its credit rating downgraded to "A+" amid concern about its capital expenditure plans, Fitch Ratings said Jan. 31.

Gastonia, N.C.-based CaroMont Health, which holds an "AA-" credit rating, reported net income of $10.3 million for the six months ended Dec. 31, 2022. That figure compared with net income of $40.4 million in the same period in 2021.

From health systems outsourcing revenue cycle employees to Confier's CEO announcing his retirement later this year, here are seven RCM headlines to know from January:

Havre de Grace, Md.-based Harford Memorial Hospital, part of the University of Maryland Upper Chesapeake Health, is expected to close in late 2023 or early 2024, The Baltimore Sun reported Jan. 31.

Becker's has reported on 11 healthcare organizations that outsourced finance jobs or other revenue cycle functions since Aug. 25. 

One-fifth of distressed bonds are issued by U.S. healthcare companies, raising concerns that healthcare is nearing a debt crisis as service providers struggle with higher interest rates and labor costs, the Financial Times reported Feb. 1.

Ontario, Calif.-based Prime Healthcare was affirmed at a "B-" rating by S&P Global in January amid expectations of an improved operating outlook.

Commonwealth Health is closing the emergency department at Moses Taylor Hospital in Scranton, Pa., on April 1, according to ABC affiliate WNEP.

Charleston, W.Va.-based Saint Francis Hospital closed its emergency department Feb. 1 as part of a plan to transition the facility into the state's first full-service orthopedic specialty hospital, according to Lootpress.