Today's Top 20 Health Finance Articles
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9 hospitals seeking RCM talent
Nine hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
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Healthcare Anchor Network becomes independent nonprofit
Healthcare Anchor Network — a collaboration of healthcare systems working to make healthcare more inclusive — has become an independent 501(c)(3) nonprofit organization.
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Hospitals in Texas, Illinois face Medicare termination
Two hospitals — one in Texas and one in Illinois — are slated to lose their Medicare contracts in January.
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Final billing notices erroneously sent to 4,000 New York hospital patients
A system error caused more than 4,000 Adirondack Health patients to receive final billing statements before receiving their initial statements, the Press-Republican reported Jan. 5.
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CMS sends 335 hospitals price disclosure violation warnings
CMS has issued warnings to more than 300 hospitals for violations of rules requiring them to disclose prices, but the agency hasn't penalized hospitals for noncompliance, according to The Wall Street Journal.
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Median cost for hospitalized COVID-19 patients more than $11K, study finds
The median total cost of treatment for hospitalized COVID-19 patients in 2020 was $11,267, and the median cost per day was $1,772, according to a recent study published in Advances in Therapy.
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13 health systems with strong finances
Here are 13 health systems with strong operational metrics and solid financial positions, according to reports from Fitch Ratings and Moody's Investors Service.
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Maryland changes medical debt collection rules for hospitals
A law that took effect Jan. 1 changes medical debt collection rules for hospitals and providers in Maryland, according to NPR affiliate WAMU.
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Labor pressures continue to strain hospital finances: Kaufman Hall
Hospitals across the U.S. continued to feel the financial strain of the nationwide labor shortage and supply chain challenges in November, according to a report released Jan. 4 by healthcare consulting firm Kaufman Hall.
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10 hospitals seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
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Nevada governor signs executive order to curb healthcare cost growth
Nevada Gov. Steve Sisolak signed an executive order Dec. 29 intended to ease patients' burden with respect to healthcare costs.
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Viewpoint: New York hospitals need $1B for staff recruitment, retention now
The state of New York should immediately invest $1 billion of its projected $3 billion surplus on hospital recruitment and retention to relieve the staffing crisis, Gary Fitzgerald, president and CEO of the Iroquois Healthcare Association, wrote as a guest opinion in syracuse.com Jan. 3.
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Eligible Kentucky hospitals can get up to $1.1B more in Medicaid payments in 2022
Kentucky hospitals that meet federal quality measures can receive up to $1.1 billion in increased Medicaid payments in 2022, Gov. Andy Beshear announced Dec. 29.
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17 hospitals that saw credit rating upgrades in 2021
At least 17 hospital and health system credit rating upgrades have occurred since Jan. 1.
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9-month nurses strike estimated to cost Tenet hospital $40M+
A nine-month nurses strike at Worcester, Mass.-based Saint Vincent Hospital is estimated to cost the Tenet Healthcare-owned facility more than $40 million, the Boston Business Journal reported Dec. 30.
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No Surprises Act takes effect Jan. 1: 9 things for hospital leaders to know
The No Surprises Act, which provides protections for consumers against surprise billing methods, will go into effect Jan. 1.
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10 most read finance stories in 2021
Stories about hospital closures, Medicare, layoffs and COVID-19 gained a lot of attention from readers this year.
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10 hospitals seeking RCM talent
Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
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Illinois hospital loses Medicare contract
Galesburg (Ill.) Cottage Hospital lost its Medicare contract, according to a termination notice from CMS.
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Lawmakers ask Ohio Medicaid to deem Summa Health 'distressed hospital' amid COVID-19 spike
The Ohio Department of Medicaid received calls from state legislators Dec. 22 pushing it to give a "distressed hospital" designation to Akron, Ohio-based Summa Health as the health system faces an increase in COVID-19 cases, according to cleveland.com.