Today's Top 20 Health Finance Articles
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5 recent health system ratings downgrades
Multiple hospitals and health systems have suffered downgrades to their financial ratings this year amid rising expenses, ongoing operating losses and challenging work environments. -
How Moffitt's revenue cycle team fuels its remote work success
Tampa, Fla.-based Moffitt Cancer Center's vice president of revenue cycle, Lynn Ansley, said her more than 600-person department has seen an increase in overall productivity and engagement since it shifted to fully remote work during the COVID-19 pandemic. -
'We need everybody to work together': As denials grow, health systems are responding with strategic, data-driven approaches
The nation's largest payers reported billions in profits in 2023. Yet, denials continue to rise. -
Rural Minnesota hospitals band together for long-term independence
Nineteen independent Minnesota hospitals have launched Headwaters High-Value Network, a collaborative aimed at strengthening rural healthcare and helping its members maintain their independence. -
Ascension pulling health plans from Texas
St. Louis-based Ascension will no longer offer individual health plans on the Texas ACA marketplace past 2024. -
Texas hospital seeks higher trauma designation amid expansion
Leaders at Memorial Hermann Katy (Texas) Hospital are investing in facility upgrades and ramping up hiring as they look to advance the level of trauma services provided at the facility, Community Impact reported June 26. -
Moody's downgrades Westchester County Health Care and Charity Health System
Moody's Investors Service downgraded the ratings of Valhalla, N.Y.-based Westchester County Health Care Corp. and Charity Health System to "B1" from "Ba1." -
UConn Health revenue to top $1B in 2025 — a 133% increase over 10 years
Farmington, Conn.-based UConn Health expects to hit more than $1 billion in patient care revenue in fiscal year 2025, -
Why a 'federal North Star' is needed for Medicare Advantage prior authorization
Every year it feels like it's getting harder and harder to work with Medicare Advantage plans, Essentia Health's senior vice president of revenue services, Melanie Wilson, told Becker's. -
The 'piecemeal approaches' no longer working for health system finance leaders
Ninety-six percent of CFOs surveyed by Black Book Research said digital transformation efforts remain at the forefront of their health systems' financial strategy and operations for 2025-2026. -
New York system drops Humana Medicare Advantage
Albany (N.Y.) Med Health System will no longer accept Humana Medicare Advantage for non-emergency services after June 30. -
Citadel CEO gives $10M to Northwestern Medicine
In his latest healthcare philanthropic effort, Citadel CEO Ken Griffin has donated $10 million to Chicago-based Northwestern Medicine. -
RCM company raises $31M in Series B funding
Revenue intelligence and automation company Adonis raised $31 million in Series B funding led by Point72 Private Investments. -
The No. 1 issue on Ochsner CFO's mind
It has been just over a year since Jim Molloy took over as executive vice president, CFO and treasurer at New Orleans-based Ochsner Health. Since then, the 46-hospital health system has shifted its focus from external to internal growth in an effort to primarily focus on better serving its existing patients. -
How Froedtert ThedaCare Health laid 'the groundwork' to grow post-merger
Milwaukee-based Froedtert ThedaCare Health launched Jan. 1 as a newly combined, 18-hospital system and has big plans to continue to grow and improve care access and quality across Wisconsin. -
Los Angeles County launching $500M medical debt relief program
Los Angeles County is launching a pilot program that aims to eliminate up to $500 million in medical debt for 150,000 lower-income residents. -
Firm acquires 5 RCM companies
Process management company Provana has expanded its revenue cycle management footprint with the recent acquisition of five RCM companies. -
Fitch downgrades Missouri hospital
Fitch downgraded Marshall, Mo.-nased John Fitzgibbon Memorial Hospital's rating to "CCC-" from "CCC." -
10 hospitals, health systems looking for CFOs
Included below are 10 hospitals and health systems that recently shared job listings recently looking for CFOs. -
The best RCM software, per Black Book
Eighty-seven percent of C-Suite executives surveyed by Black Book Research said escalating financial pressures have intensified the demand for advanced technologies to address outdated revenue cycle management systems and underperforming services.
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