Today's Top 20 Health Finance Articles
  • CMS to reweigh MIPS data for some physicians

    CMS reopened the Merit-based Incentive Payment System automatic extreme and uncontrollable circumstances application for groups, virtual groups and Alternative Payment Model entities through March 31.
  • Cleveland Clinic's operating income more than triples in 2021

    Cleveland Clinic posted an operating income of $746.3 million in 2021, more than triple the $232.4 million recorded in 2020, according to its recently released financial results.
  • Do higher costs mean better care? In some markets, yes

    Receiving care from hospitals with higher inpatient prices leads to a 35 percent reduction in in-hospital mortality, but this relationship is mostly only true in relatively unconcentrated markets, according to a study by the National Bureau of Economic Research.
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  • One-quarter of Gen Z, millennials skip housing payments for medical debt

    Twenty-five percent of Generation Z and 23 percent of millennials skipped rent or mortgage payments because of medical debt, according to a survey by HealthCare.com published Feb. 18.
  • 50 healthcare groups press Congress to keep Medicare sequester pause

    Fifty healthcare groups, including insurers and providers, penned a letter urging Congress to extend a 2 percent Medicare sequester moratorium until the end of the public health emergency.
  • UPMC annual revenue up 5.5% over 2020

    Pittsburgh-based UPMC ended 2021 with strong operating results thanks to revenue gains in its hospital and insurance divisions, according to documents released Feb. 28. 
  • Tenet calls off Conifer spinoff

    Dallas-based Tenet Healthcare announced March 1 it will not pursue a spinoff of its revenue cycle division, Conifer Health Solutions.
  • California hospital to lay off 104 employees

    MarinHealth Medical Center is laying off 104 revenue cycle and supply chain employees in April after entering into a contract with Optum to provide those services, according to a notice filed with state regulators in February. 
  • Outsourced anesthesia up to 26% pricier, study finds

    Anesthesiology prices go up 16 percent to 26 percent after medical facilities outsource the specialty to corporate physician management companies, according to research published in JAMA Feb. 28. 
  • IU Health's operating income drops 75% in 2021

    Indianapolis-based Indiana University Health posted an operating income of $161 million in 2021, a 75 percent decrease from 2020.
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • Mayo Clinic operating income jumps to $1.2B

    Mayo Clinic's financial and operating performance was strong in 2021, with revenue gains offsetting higher expenses, according to financial documents released Feb. 28. 
  • Kaufman Hall: January was devastating for hospital finances

    January was a challenging month for hospitals as they dealt with the omicron surge, leading to hospital margins being negative for the first time in 11 months, according to Kaufman Hall's "National Hospital Flash Report: February 2022" posted Feb. 28.
  • 9 hospitals seeking RCM talent

    Nine hospitals and health systems recently posted job listings seeking revenue cycle management talent.
  • Labor costs push Trinity Health's operating income down 58%

    Higher labor costs put pressure on Trinity Health's margins in the first six months of fiscal year 2022, according to financial documents released Feb. 25. 
  • State-by-state breakdown of $7.5B in American Rescue Plan Rural payments

    The Health Resources and Services Administration has distributed nearly $7.5 billion in American Rescue Plan Rural payments to 44,475 providers since the program began in November 2021.
  • CMS gives ACO model a makeover: 7 things to know

    In an effort to improve health equity, CMS has changed to the Global and Professional Direct Contracting model after receiving stakeholder feedback, it said Feb. 24.
  • UHS annual profit grows to $991M

    King of Prussia, Pa.-based Universal Health Services reported higher revenue and profit in 2021 than a year earlier. 
  • Yale New Haven anticipates deficit of $200M in 2022

    Yale New Haven (Conn.) Health is expecting a $200 million deficit in 2022, including an operating loss of $100 million, New Haven Register reported Feb. 23.
  • Where CMS stands on its No Surprises Act rollout: 5 things to know

    The federal No Surprises Act formally went into effect Jan. 1, but CMS' decision to apply "enforcement discretion" throughout 2022 has compounded confusion and concerns over its rollout. 

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