Today's Top 20 Health Finance Articles
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RCM company Savista taps CIO
Savista has named John Johnson its chief information officer. -
Cash-strapped Colorado hospital gets infusion from state
Delta (Colo.) County Memorial Hospital received $1.4 million in advance payments from the state after the hospital discovered it was low on cash due to high debts, The Fort Morgan Times reported April 2. -
Threatened Greenwood Leflore won't apply for emergency status to help keep it afloat
Greenwood (Miss.) Leflore Hospital won't apply for rural emergency status to help preserve its future. -
PIH Health outlook revised to negative as line of credit adds to woes
Whittier, Calif.-based PIH Health had its outlook revised to negative from stable amid what S&P Global described March 27 as an "uneven operating trend" including a negative performance through its most recent reported quarter. -
8 health systems seeking revenue cycle vice presidents
Eight health systems recently posted job listings seeking revenue cycle vice presidents. -
University Medical Center of El Paso outlook revised downward to stable
University Medical Center of El Paso (Texas) had its outlook revised to stable from positive as it continues to deal with challenging revenues and restricted cash flow, Fitch Ratings said March 31. -
11 RCM headlines from March to know
From a private equity firm investing in Janus Health, to Care New England revenue cycle management as part of a new cost-cutting program, here are 11 RCM stories from March reported by Becker's: -
Steward Health threatened with non-provision of patient dialysis services after missing payment
Dallas-based Steward Health Care was threatened with non-provision of renal services after it missed payment to a dialysis provider in Massachusetts, according to an April 2 report from radio station WHAV. -
Senior exec salaries cut by 10% in Billings Clinic financial stability plan
To improve its financial picture, Billings (Mont.) Clinic is reducing pay for physicians and senior executives, in addition to various other cost-cutting measures, a spokesperson confirmed to Becker's April 3. -
Nurses protest California hospital's plan to cut labor, delivery services
During March 31 protests, nurses in Oceanside, Calif., called for Tri-City Medical Center to "cease any plans to close or terminate" obstetrics and gynecology care, according to the California Nurses Association/National Nurses United. -
Colorado lawmakers up the ante in continuing debate over hospital finances
Lawmakers in Colorado and the hospitals in that state have been at odds over whether hospitals are overcharging patients while their profits grow, as a report commissioned by the state suggests. -
Intermountain's insurance plan is 'biggest opportunity for growth,' CFO says
Janie Wade was appointed CFO of Salt Lake City-based Intermountain Health after more than four years as CFO at Broomfield, Colo.-based SCL Health. -
Hospitals see most 1st-quarter defaults since 2011
Bonds of eight hospitals lapsed in impairment in the first quarter of 2023, the highest number of hospitals disclosing default since 2011, Bloomberg reported March 31. -
Nuvance to close New York rehab center, laying off 102 employees
Danbury, Conn.-based Nuvance Health will close a 100-bed rehabilitation facility in Rhinebeck, N.Y., and lay off its 102 employees, effective April 12, according to the Daily Freeman. -
Sanford Health reports 2022 operating gain of $187.9M
Sioux Falls, S.D.-based Sanford Health reported operating income of $187.9 million for the year ending Dec. 31 on $7.1 billion of revenue. -
The first 5 states to disenroll residents from Medicaid: 7 notes
Arizona, Arkansas, Idaho, New Hampshire and South Dakota will be the first states to terminate Medicaid coverage for residents deemed ineligible, CNN reported April 1. -
6 hospitals, health systems hit with rating downgrades
Here is a summary of recent credit downgrades for hospitals and health systems going back to the most recent roundup March 16. -
MUSC Health cuts jobs, executive resigns amid $40M budget gap
Charleston, S.C.-based MUSC Health University Medical Center has laid off an unspecified number of employees from its Midlands hospitals, and division President Terry Gunn resigned after the Columbia, S.C.-area facilities missed budget expectations by $40 million in the first six months of the fiscal year, The Post and Courier reported March 30. -
Mississippi hospital to end inpatient services as last attempt at remaining open
Holly Springs, Miss.-based Alliance HealthCare System is transitioning to rural emergency hospital status, meaning it will end all inpatient care services, Mississippi Today reported March 31. -
How 4 health systems are preparing for Medicaid redeterminations
Medicaid redeterminations begin April 1, but Renton, Wash.-based Providence's preparations date to last year.
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