Today's Top 20 Health Finance Articles
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'Do it yourselves': Lawmakers urge hospitals to be proactive with price transparency
Consumer advocates and policy experts told Congress more enforcement is needed to improve price transparency compliance. -
Tallahassee Memorial reports $9.6M operating loss
Tallahassee (Fla.) Memorial HealthCare, which suffered an IT security incident in February, reported an operating loss of $9.6 million on revenue of $910.4 million in fiscal 2022, according to a March 29 filing. -
OSF HealthCare has ratings affirmed as margins expected to rebound
Peoria, Ill.-based OSF HealthCare had its default rating and that of various bonds affirmed at "A+" as its market share remains strong and its operating margins show resilience even in the face of inflationary and other macro pressures, Fitch Ratings said. -
'Good job': Why praising people at work actually benefits healthcare organizations financially
It seems praise at work is more than just a way to make people feel better. A new report found tangible financial benefits to improving recognition of people's work, and hospitals are at the forefront of that. -
Texas hospitals sound alarm on bill that would eradicate facility fees
The Texas Hospital Association is on high alert due to a new bill gaining traction at the Texas Capitol that would have "devastating impacts" on access to care and healthcare affordability, the group said in a March 29 news release shared with Becker's. -
Mississippi lawmakers approve $104M for hospitals, but is it enough?
Mississippi lawmakers approved a $103.7 million grant program to support the state's struggling hospitals, but some advocates and lawmakers argue the funding isn't enough, Mississippi Today reported March 28. -
AHA, AHIP urge Supreme Court to reject government's False Claims Act interpretation
The American Hospital Association and America's Health Insurance Plans on March 28 filed an amicus curiae brief in ongoing lawsuits — U.S. vs. Supervalu and Safeway — challenging the federal government's interpretation of the False Claims Act ahead of the Supreme Court's hearing of the cases. -
Oregon hospital denies rumors of cuts to home health services
At a March 22 meeting, John Day, Ore.-based Blue Mountain Hospital District denied it was making cuts to its home health and hospice programs, countering claims that had been spread on social media and flyers that had been posted, The Blue Mountain Eagle reported March 28. -
Texas Vista Medical Center to close with all 827 employees laid off
All 827 employees at the San Antonio-based Texas Vista Medical Center will be permanently laid off when it closes May 1, according to a notice filed with state regulators. -
Maryland hospitals' 'global budget' system saved taxpayers $781M, report says
Maryland hospitals' "global budgets," a system of revenue preservation that sets budgets in advance and bases projections on patients treated in the past, saved taxpayers $781 million in Medicare payments from 2019 to 2021, The Baltimore Banner reported March 28. -
Private equity firm invests in Janus Health
Private equity firm Enhanced Healthcare Partners is investing in RCM tech platform Janus Health. -
Mayor: 6 UPMC properties not paying 'fair share' in taxes
Facilities owned by Pittsburgh-based UPMC are among several properties the city's mayor says should not enjoy their current tax-exempt status, according to a March 28 Public Source report. -
MercyOne North Iowa to close hospice facility next month
MercyOne North Iowa will close its hospice facility in Mason City April 17 amid familiar industry pressures of inflation and high labor costs, according to a ABC affiliate KAALTV March 28 report. -
Tenet Health has default rating affirmed at 'B+'
Dallas-based Tenet Health had its default rating affirmed at "B+" as its operating income remains resilient in the face of industry pressures and debt levels stay manageable, Fitch Ratings said March 27. -
Colorado hospital running low on cash after CFO resigns
Delta (Colo.) County Memorial Hospital is looking for ways to stabilize its financial situation after discovering that nearly all of its cash on hand was being used to pay off debts when CFO Larry Vincent unexpectedly resigned March 13, The Denver Post reported March 28. -
Ohio hospital to lay off 743, including leaders and RNs
McLaren St. Luke's Hospital in Maumee, Ohio, will lay off 743 workers when it permanently closes this spring, according to a notice filed with state regulators. -
Razor-thin hospital margins become the new normal
Hospital finances are starting to stabilize as razor-thin margins become the new normal, according to Kaufman Hall's latest "National Flash Hospital Report," which is based on data from more than 900 hospitals. -
AI, insurance reform, rising interest rates: What's on the mind of a Wyoming health system CFO
Gillette, Wyo.-based Campbell County Health recently named Adam Popp as its new CFO. Mr. Popp joins the system from his previous CFO role at Watertown, S.D.-based Prairie Lakes Healthcare System. -
Hospitals get boost in proposed New Hampshire budget
The proposed New Hampshire budget from Gov. Chris Sununu includes $34 million for a 3.1 percent increase in Medicaid reimbursement rates, while a House amendment would spend $70.2 million on additional rate increases over two years, the New Hampshire Bulletin reported March 27. -
Healthcare premiums up over 50% in Washington; state lawmakers weigh fines
Healthcare premiums have risen 52 percent in the period between 2010 and 2020 in Washington state, and lawmakers are now considering fines if further hikes exceed "reasonable justification," according to a March 27 HeraldNet report.
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