Revenue cycle management company Wakefield & Associates is rebranding as Wakefield. 

New York Gov. Kathy Hochul on Jan. 9 detailed a billion-dollar, multi-year plan to overhaul mental healthcare across the state.

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).

Here are 10 revenue cycle management mergers and acquisitions reported by or shared with Becker's since Aug. 16: 

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.

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.

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.

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. 

Revenue cycle management company Savista has named Karen Moore senior director of revenue cycle solutions.

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.

Dallas-based Medical City Healthcare, an affiliate of HCA Healthcare, has named a new president and a new CFO.

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: 

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.

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.

Forty-two percent of revenue cycle leaders said claims denials are increasing, according to a recent report from Experian Health.

Ten hospitals or health systems recently posted job listings seeking revenue cycle management expertise.

Indiana Gov. Eric Holcomb proposed a massive increase in funding to public health programs, Northwest Indiana Business Magazine reported Jan. 6.

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.

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.

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.