Today's Top 20 Health Finance Articles
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Memorial Sloan Kettering reports operating loss of $13.5M
New York City-based Memorial Sloan Kettering Cancer Center's operating loss narrowed to $13.5 million in the three months ended March 31, compared to a loss of $33 million in the same period last year, according to its financial results released April 25. -
Wyoming health system taps Ensemble for revenue cycle operations
Campbell County Health in Gillette, Wyo., will outsource its revenue cycle operations to Ensemble Health Partners. -
CHS posts $1M loss for Q1 of 2022, improves by $63M from last year
Franklin, Tenn.-based Community Health Systems' net loss reached $1 million for the three months ended March 31, an improvement from the $64 million loss it had in the same period of 2021, according to financial results released April 27. -
10 states with lowest expenses per inpatient day at for-profit hospitals
The averaged adjusted expenses per inpatient day at for-profit hospitals in the U.S. was $2,300 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In three states, the expenses were lower than the average by more than $1,000. -
10 states where expenses per inpatient day at for-profit hospitals are highest: KFF
The averaged adjusted expenses per inpatient day for for-profit hospitals in the U.S. was $2,300 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In three states, the expenses were higher than the average by more than $2,000. -
Texas hospital to shut down
Services offered at Cleveland (Texas) Emergency Hospital are being consolidated to Texas Emergency Hospital in Cleveland, according to Bluebonnet News. -
Texas hospital closer to regaining Medicare contract
Houston-based United Memorial Medical Center is a step closer to regaining its Medicare contract after CMS terminated it in January, according to the Houston Chronicle. -
10 states where expenses per inpatient day at nonprofit hospitals are lowest: KFF
The averaged adjusted expenses per inpatient day for nonprofit hospitals in the U.S. was $3,032 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In six states, the expenses were lower than the average by more than $1,000. -
10 states where expenses per inpatient day at nonprofit hospitals are highest: KFF
The averaged adjusted expenses per inpatient day for nonprofit hospitals in the U.S. was $3,032 in 2020, according to the Kaiser Family Foundation's latest statistics on State Health Facts. In California, the expenses were higher than the average by more than $1,400. -
CHS invests $40M to bolster employee benefits
Franklin, Tenn.-based Community Health Systems is investing $40 million into its employees for student debt, professional education and career advancement. -
UHS net income falls 26.4% in Q1 of 2022
The net income attributable to King of Prussia, Pa.-based Universal Health Services slid 26.4 percent to $153.9 million for the three months ended March 31, compared to $209.1 million in the same period of 2021, according to the system's financial results released April 25. -
10 hospitals seeking RCM talent
Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise. -
Lawmakers seek to combine COVID-19, Ukraine aid
The Biden administration's call for more aid to Ukraine could revive the $10 billion COVID-19 relief package, which was stalled April 5 after Republican senators linked the package to a vote on Trump-era border restrictions. Now, some lawmakers are interested in combining Ukraine and COVID-19 aid, Politico reported April 22. -
One-third of hospitals operating with negative margins & 6 other things to know
Hospitals and health systems have lost billions over the last two years, leaving more than 33 percent of them with negative margins, according to an April 25 report by the American Hospital Association. -
Taxing hospitals for high prices could curb costs, study suggests
A study published April 25 in Health Affairs suggests taxing as a tool for policymakers to address high healthcare prices. -
10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs. -
Hospital expenses per inpatient day across 50 states
Below are the adjusted expenses per inpatient day in 2020, organized by hospital ownership type, in all 50 states, according to the latest statistics from Kaiser State Health Facts. -
Ochsner Health taps medical coding partner
Ochsner Health has tapped Nym Health to automate revenue cycle management in the health system's emergency departments. -
What 7 CFOs told Becker's this year
As hospitals and health systems continue to struggle with challenges from the COVID-19 pandemic and workforce shortages, several shared with Becker's tips, trends they're following, their top priorities and more. -
Nonprofit funded by tech billionaire wants to shake up science funding
A new nonprofit, the Good Science Project, is looking to change the way science is funded federally to push the boundaries of knowledge.