Today's Top 20 Health Finance Articles
-
MyMichigan operating results sees marginal gain in FY Q2
Midland, Mich.-based MyMichigan Health saw a 6.2% year-over-year increase in operating income to $7.5 million while net income decreased by 60% to $20 million for its second quarter running Oct. 1 to Dec. 31, 2023. -
46% of C-Suite execs prioritizing cost reduction, survey says
A recent survey from Sage Growth Partners, a business management consultant company, highlights how hospital and health system leaders are focusing on strategic initiatives to tackle ongoing workforce shortages and reduce costs in the next year. -
3 major care providers facing closure
Continued financial challenges have led to closure discussions at three major care providers in the last week. -
Guthrie migrates care to shuttered Pennsylvania hospital
Sayre, Pa.-based Guthrie Clinic is now seeing patients at the former Tyler Memorial Hospital in Tunkhannock, Pa. -
NYC to clear $2B in medical debt for 500,000 people
Up to 500,000 New Yorkers will be cleared of their healthcare debt through a new program rolled out by New York City, which will invest $18 million to relieve more than $2 billion in debt. -
Arkansas system administrative staff take pay cuts
North Arkansas Regional Medical Center in Harrison has made cost reduction efforts — including layoffs and voluntary pay cuts for administrative staff — amid declining revenue. -
HSHS to close 2 Wisconsin hospitals, physician offices
Hospital Sisters Health System will close two hospitals in Western Wisconsin in the next two months, a move that will terminate the nonprofit system's presence in the region. -
Moody's upgrades NYU Langone Health
Moody's has upgraded New York City-based NYU Langone Health revenue bonds from "A2" to "A1." -
Why UCHealth's CFO is optimistic about 2024
With expenses outpacing revenue growth and labor expenses continuing to rise, 2024 is going to be another challenging year for hospitals across the country, Dan Rieber, CFO of Aurora, Colo.-based UCHealth, told Becker's. -
Nebraska health system switches to independent network
The Winnebago (Neb.) Comprehensive Healthcare System has transferred to a new independent network in the third phase of a technology transformation plan to advance staff operations and improve patient experience. -
New York health system surveys community over maternity ward closure
Rockville Centre, N.Y.-based Catholic Health is conducting a survey to get community input regarding the planned closure of its Smithtown, N.Y.-based St. Catherine of Siena Hospital maternity ward on Feb. 1. -
A fast start to 2024 RCM M&A deals
Revenue cycle management company mergers and acquisitions are off to a quick start in 2024, with four deals announced or completed so far in January. -
17 maternity service closures in 2024
On the heels of financial pressures and workforce shortages experienced last year, many hospitals and health systems are continuing to face maternity service closures in 2024. -
Biden wipes $5B in student loan debt
President Joe Biden forgave another $5 billion in student loans on Jan. 19, absolving 74,000 Americans of their debt. -
New York mulls closure of SUNY Downstate
The State of New York is planning to significantly shrink or possibly close University Hospital at Downstate in Brooklyn due to concerns that include low patient volumes, a deteriorating hospital building and an operating deficit of about $100 million, The New York Times reported Jan. 20. -
Intermountain ends precision medicine program
Intermountain Health will end and divest its Precision Genomics Laboratory Feb. 1. -
Steward money woes could spur Massachusetts PHE
Massachusetts is pressuring Steward Health Care to develop a restructuring plan or risk sending the state into a public health emergency, The Boston Globe reported Jan. 19 -
23 hospitals, health systems cutting jobs
A number of hospitals and health systems are reducing their workforces or jobs due to financial and operational challenges. -
Washington hospital charity care report retracted
Northwest Health Law Advocates has retracted a report it published about Washington hospitals' charity care alongside other consumer organizations in December. -
Hearing set over Minnesota hospital's labor and delivery closure
The Minnesota Department of Health is holding a public hearing Jan. 30 over the labor and delivery services closure at Essentia Health-Fosston (Minn.) hospital.
Page 28 of 50