Today's Top 20 Health Finance Articles
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Norton aims to raise $200M
Louisville, Ky.-based Norton Healthcare and Norton Children's launched the "Just Imagine" campaign March 20 to raise millions in support of health equity and expanding specialty care. -
The financial losses for hospitals stemming from Change attack: 5 numbers to know
Hospitals, pharmacies and medical groups nationwide are continuing their efforts to recover from the cyberattack on UnitedHealth Group's Change Healthcare in February. -
Sale of 2 Rhode Island hospitals remains in limbo
The Rhode Island attorney general and state department of health are still reviewing the Centurion Foundation's application to purchase Providence, R.I.-based CharterCare Health Partners, part of Los Angeles-based Prospect Medical Holdings, and its two Rhode Island hospitals for $193 million. -
Minnesota county pitches healthcare improvements through ballpark tax
Hennepin County (Minn.) leaders seek to repurpose ballpark tax money to fund healthcare improvements. -
5 California hospitals, health systems cutting jobs
Hospitals and health systems are reducing their workforces or jobs due to restructuring strategies or financial and operational challenges. -
Funding stream boosts efforts to reopen Georgia hospital
A Georgia hospital that closed in 2020 could get a boost toward reopening after receiving $6.3 million in federal funding, ABC affiliate WVTM reported March 20. -
Steward Texas hospital denies closure despite paused construction on new facility
Texarkana, Texas-based Wadley Regional Medical Center, part of Dallas-based Steward Health Care, has denied rumors that the facility is closing its doors. -
Minnesota system at 'breaking point' lays off 103
Robbinsdale, Minn.-based North Memorial Health is laying off more than 100 employees in clinical and nonclinical roles due to ongoing financial challenges, according to a March 20 statement shared with Becker's. -
R1 RCM tells shareholders to cease buyout discussions
R1 RCM told major shareholders New Mountain Capital and TCP-ASC to halt discussions of a potential buyout of the company. -
Fitch revises UPMC's outlook after 'challenging 2023 results'
Fitch Ratings has affirmed UPMC's issuer default and revenue bond ratings as "A" and revised the Pittsburgh-based health system's outlook from positive to stable. -
$26M Cleveland Clinic-backed apartments open
A new 82-unit apartment complex is now open in Cleveland, funded in part by Cleveland Clinic, to expand modern mixed-market-rate living options for workers. -
Wisconsin getting new micro-hospital
A physician-owned micro-hospital, part of Houston-based Nutex Health, is opening on April 1 in Bellevue, Wis. -
Citadel CEO gives $50M to Florida system
Citadel CEO Ken Griffin is donating $50 million to Baptist Health South Florida, marking the largest single gift in the Coral Gables, Fla.-based health system's history. -
10 hospitals, health systems seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs. -
Pop-up clinic to provide free care after Tennessee hospital closure
The remote area medical volunteer corps is stepping up to provide free dental, vision and medical services following the March 9 closure of Jellico (Tenn.) Regional Hospital. -
Lawmakers battle over $15M hospital aid in Wisconsin as closures loom
A dispute between Wisconsin lawmakers has caused the delay of $15 million in hospital relief funding ahead of the planned closure of Springfield, Ill.-based Hospital Sisters Health System's Sacred Heart Hospital in Eau Claire, Wis., and St. Joseph's Hospital in Chippewa Falls, Wis., on March 22. -
California hospital to lay off 62
AHMC's San Gabriel (Calif.) Valley Medical Center is laying off 62 employees, according to regulatory documents filed with the state March 13. -
16 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. -
Allegheny Health Network sees 4.4% operating loss improvement
Pittsburgh-based Allegheny Health Network reported a $172.7 million operating loss (-3.67% margin) in the fiscal year ended Dec. 31, a 4.4% improvement from a $180.8 million loss (-4.15%) it posted in 2022, according to a financial report shared March 18. -
HCA hospitals by state
Nashville, Tenn.-based HCA Healthcare operated 186 hospitals as of Dec. 31.
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