Today's Top 20 Health Finance Articles
  • HHS distributes $7.5B in pandemic aid to providers

    HHS began distributing $7.5 billion in payments to rural healthcare providers affected by the COVID-19 pandemic, the agency announced Nov. 23. 
  • HHS secretary defends surprise-billing arbitration process

    HHS Secretary Xavier Becerra is defending CMS' proposed surprise-billing rule, bashed by several medical groups as an unfair gift to health insurers, according to Kaiser Health News.
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • How to thrive as patient billing and collections regulations rapidly change

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  • Provider Relief Fund 60-day grace period ends Nov. 30

    The 60-day grace period — which began Oct. 1 — to submit Provider Relief Fund reports for those who received more than $10,000 ends Nov. 30, according to the Health Resources and Services Administration.
  • Ascension's net income dips by more than $1B in Q1

    St. Louis-based Ascension posted net income of $80.4 million in the three months ended Sept. 30, a more than $1 billion decrease from the same period last year, according to its quarterly financial report. The large decrease was largely driven by a drop in nonoperating gains, which totaled $79.7 million in the first quarter of fiscal year 2022 and $1.2 billion in the same quarter one year prior.
  • Advocate Aurora's operating income narrows in Q3

    Despite posting higher revenue in the third quarter of 2021, Advocate Aurora Health saw its operating income shrink when compared to the same quarter last year, according to recently released financial documents.
  • AdventHealth's net income slides in Q3

    AdventHealth, a 46-hospital system based in Altamonte Springs, Fla., recorded higher revenue in the third quarter of 2021, but ended the period with lower operating income, according to recently released financial documents.
  • Getting a handle on denial management

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  • The cost of gun violence in the US, by the numbers

    Every year, gun violence kills nearly 40,000 people in the U.S. and costs the nation $280 billion, including medical, criminal justice and quality-of-life expenses. 
  • House passes $1.7 trillion spending package: 6 healthcare takeaways

    The House of Representatives passed a $1.7 trillion spending package Nov. 19 aimed at expanding social services and programs ranging from healthcare to education. 
  • Mayo Clinic operating income more than doubles

    Mayo Clinic's financial and operating performance was strong in the first nine months of this year, with revenue gains offsetting higher expenses, according to financial documents released Nov. 18. 
  • California hospital to lay off 328 employees

    Community Hospital Long Beach (Calif.) plans to lay off employees early next year, according to a notice recently filed with state regulators. 
  • County leaders launch effort to save Pennsylvania hospital

    A group of Chester County officials are working to keep a Pennsylvania hospital slated to close Jan. 1 from shutting down, according to Daily Local News.
  • Senators introduce bill for $50M in student loan repayment to healthcare workers

    Several senators introduced a bill called the Bolstering Infectious Outbreak Preparedness Workforce Act, which would allow $50 million to be used for a student loan repayment program for infectious disease and bio-preparedness healthcare workers.
  • Ballad Health to make $310M investment in rural Virginia healthcare

    Johnson City, Tenn.-based Ballad Health is making a more than $310 million investment to improve healthcare in southwest Virginia by partnering with two community foundations, which give it full ownership of two area hospitals.
  • Colorado healthcare leaders call for $150M in state funds for youth mental health assistance

    A coalition of Colorado healthcare leaders are asking the state for a third — or $150 million — of the remaining $450 million it pledged for mental health needs to be used for those younger than 24 in its "Children and Youth Mental Health Playbook" released Nov. 16.
  • 5 recent hospital RCM deals to know

    In the last month, several hospitals and healthcare organizations announced partnerships with revenue cycle management companies.
  • Final CMS guidance says hospitals can share services, space

    CMS has released final guidance clarifying how hospitals may organize shared spaces, services and personnel to meet regulatory requirements. 
  • Private equity-owned air ambulances receive bigger payments, issue more surprise bills

    When transported by a private equity-owned or publicly traded air ambulance, patients had a 55 percent chance of receiving a surprise out-of-network balance bill of $26,507 on average in 2017, a Nov. 16 white paper by USC-Brookings Schaeffer Initiative for Health Policy found.
  • Luminis Health taps Cedar for patient billing experience

    Annapolis, Md.-based Luminis Health has selected Cedar to help improve the patient billing experience. 
  • 152 Congressional leaders push back on surprise-billing rule

    A group of Congressional leaders wrote a letter Nov. 5 to HHS Secretary Xavier Becerra, Treasury Secretary Janet Yellen and Labor Secretary Martin Walsh calling for amendments to the interim final rule of the No Surprises Act released Sept. 30.

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