Today's Top 20 Health Finance Articles
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Wakefield & Associates unveils rebrand
Revenue cycle management company Wakefield & Associates is rebranding as Wakefield. -
New York governor unveils $1B plan to tackle mental illness
New York Gov. Kathy Hochul on Jan. 9 detailed a billion-dollar, multi-year plan to overhaul mental healthcare across the state. -
Viewpoint: Congress must overhaul 'dysfunctional' healthcare system, Bernie Sanders writes
Congress must listen to working families and overhaul a "dysfunctional" healthcare system where there is a massive labor shortage and excessive profit for some, says Vermont Sen. Bernie Sanders Bernie Sanders, incoming chair of the Senate's Health, Education, Labor and Pensions Committee (HELP). -
10 recent RCM mergers and acquisitions
Here are 10 revenue cycle management mergers and acquisitions reported by or shared with Becker's since Aug. 16: -
New York Fed: 1-year inflation expectations fall to 5%
Expectations for one-year-ahead inflation continued to decline in December, decreasing by 0.2 percentage point to 5 percent, its lowest level since July 2021, according to a survey released Jan. 9 by the New York Federal Reserve. -
Return to profitability some years off, Fairview says as it reports losses
A return to financial health involving "decisive and measured actions" could take multiple years, management at Minneapolis-based Fairview Health warned as the healthcare system revealed multimillion-dollar losses in 2022. -
Mississippi hospital taking donations to try to stay afloat
Struggling Greenwood (Miss.) Leflore Hospital, which continues to stay open after its planned takeover by the University of Mississippi Medical Center fell through late last year, is accepting donations from concerned local citizens. -
Every rural hospital closure in the COVID-19 era, by state
Hundreds of hospitals in the U.S. are on the ropes financially, largely due not to fiscal mismanagement but inadequate reimbursements, according to the Center for Healthcare Quality and Payment Reform. -
Savista taps senior director of revenue cycle solutions
Revenue cycle management company Savista has named Karen Moore senior director of revenue cycle solutions. -
Kaufman Hall acquires Gist Healthcare
Kaufman Hall, a leading consultant group in the healthcare industry, has acquired Gist Healthcare, a consulting firm that provides guidance to healthcare leaders and has a strong presence in media content. The transaction closed Jan. 1. -
Texas HCA affiliate names new president, CFO
Dallas-based Medical City Healthcare, an affiliate of HCA Healthcare, has named a new president and a new CFO. -
50 rural hospitals with the best margins
Rural hospitals face a myriad of economic and financial pressures. Here are the 50 rural hospitals with the best margins, according to data from the Center for Healthcare Quality and Payment Reform: -
Labor shortages inhibiting hospital economic growth: Report
Economic activity, driven mainly by greater inpatient volumes linked to the tripledemic of RSV, flu and COVID-19, grew in December for the 31st straight month in the hospital subsector, the Institute for Supply Management said Jan. 9. -
'A2' rating affirmed for Inspira but outlook revised downward
The outlook for Mullica Hill, N.J.-based Inspira Health was revised to stable from positive amid its "adequate" financial profile, Moody's said Jan 6. -
Top operational challenges increasing denials
Forty-two percent of revenue cycle leaders said claims denials are increasing, according to a recent report from Experian Health. -
10 providers seeking RCM talent
Ten hospitals or health systems recently posted job listings seeking revenue cycle management expertise. -
Indiana governor plans 1,740% increase to public health budget
Indiana Gov. Eric Holcomb proposed a massive increase in funding to public health programs, Northwest Indiana Business Magazine reported Jan. 6. -
Fitch affirms 'A-' credit rating for Brooks Rehabilitation
Jacksonville, Fla.-based Brooks Rehabilitation had its credit ratings affirmed at "A-" as it continues to perform well and prove its leading market presence in a fast-growing region, Fitch Ratings said Jan. 6. -
ProMedica off credit watch, but outlook remains negative, S&P says
Toledo, Ohio-based ProMedica Health has had its rating removed from a negative credit watch imposed in August 2022 and remains overall "BB" rated by S&P Global. -
Idaho's St. Luke's sees net assets decline $82M amid higher expenses
Boise, Idaho-based St. Luke's Health System saw its income for 2022 vastly reduced amid higher operating expenses and losses on its investment values, leading to a fall in its overall worth.
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