Today's Top 20 Health Finance Articles
  • Private equity group to consult with management at UC Health location in Cincinnati

    Cincinnati-based UC Health is partnering with a private equity group for it to consult with current management over operations at the system's Daniel Drake Center for Post-Acute Care, according to a Dec. 28 report in the Cincinnati Business Courier.
  • 10 largest hospital groups and their 2022 credit ratings

    Below is a summary of some of the credit ratings assigned during 2022 to the top 10 healthcare companies in terms of the amount of hospitals they operate. The hospital groups are listed alphabetically.
  • 8 recent RIP Medical Debt partnerships

    Several organizations — ranging from churches to local governments — have partnered with RIP Medical Debt to relieve millions of dollars worth of medical debt. Here are eight RIP Medical Debt partnerships Becker's has reported since Oct. 3. 
  • Healthcare Finance in 2023: Choosing the Right Solutions Makes a Difference in the Bottom Line

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  • Georgia hospital names new CFO, shuffles leadership

    Donalsonville (Ga.) Hospital named Katie Hatcher its new CFO, the Donalsonville News reported Dec. 28.
  • HCA, Tenet and others looking for 17 CFOs

    Hospitals around the country are seeking CFOs, including several owned by Nashville, Tenn.-based HCA Healthcare, Dallas-based Tenet Healthcare and Franklin, Tenn.-based Community Health Systems. Here are 17 recently-posted hospital CFO openings, by state:
  • Healthcare staff salary budget plans for 2023

    Hospital and health system salary budgets are seeing the biggest increases in 20 years, according to SullivanCotter's "2022 Health Care Staff Compensation Survey."
  • Wellstar looks to add hospitals 8 weeks after closing Atlanta Medical Center

    Marietta, Ga.-based Wellstar Health System closed its 460-bed Atlanta Medical Center Nov. 1, a move deemed abrupt by many community stakeholders. On Dec. 27, the health system announced plans to partner with a health system 150 miles away to "expand access to quality care for all Georgians."
  • Healthcare in 2023 and beyond — A financial outlook for revenue leaders

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  • Doylestown Health to undergo strategic review amid downgrade

    Doylestown Health (Pa.) group, which operates Doylestown Hospital and several other clinics and urgent care facilities, is undergoing a strategic review as it faces "extraordinary and unprecedented financial hardship."
  • Every rural hospital closure in the COVID-19 era, by state

    Rural hospitals and health centers face a myriad of challenges. The University of North Carolina's Cecil G. Sheps Center for Health Services Research in Chapel Hill compiled a list of rural hospital closures since 2005, including the 25 rural hospital closures since January 2020.
  • 17 health systems outsourcing RCM functions

    Becker's has reported on 17 health systems that have opted to outsource finance jobs or other revenue cycle functions since Jan. 1:
  • Steward extends credit agreement

    Dallas-based Steward Health Care extended their asset-based lending agreement through December 2023.
  • Blount Memorial ups ante by filing lawsuit seeking independence from local government

    Maryville, Tenn.-based Blount Memorial Hospital has filed a lawsuit declaring independence from local government after weeks of fighting over the troubled hospital, local news station WBIR reported Dec. 21.
  • Rising costs replace pandemic as No. 1 reason Americans deter care

    The cost of care increasingly outweighed concerns about the COVID-19 pandemic as the top reason patients defer healthcare, according to a study published by Qualtrics, an experience management company.
  • 9 health systems hit with credit downgrades

    A number of health systems experienced downgrades to their financial ratings in recent weeks amid ongoing operating losses, declines in investment values and challenging work environments.
  • 10 notable CFO transitions this year

    From leadership appointments at newly formed health systems to financial experts stepping into CEO positions and the end of some decades-long healthcare careers, here are 10 CFO moves that captured the attention of Becker's Hospital Review's readers this year:
  • Allina Health downgraded over debt increase

    Minneapolis.-based Allina Healthcare was downgraded one spot from "Aa3" to "A1" and its financial outlook was revised from "stable" to "negative," Moody's said Dec. 21.
  • Stay true to your 'mission, vision and values': One CFO's advice for leaders in 2023

    Most health systems — whether religious, secular, for-profit or nonprofit — have a mission statement that outlines their ideology and goals. Defining a system's mission, vision and values can increase staff engagement, boost participation in hospital initiatives and provide a clear message to the community about the organization's direction.
  • From impoverished NFL hopeful to $1B hospital CEO: One leader's surprising path

    Rashard Johnson is the CEO of three hospitals within Atlanta-based Emory Healthcare with more than $1 billion in fiscal responsibility, but his path first wound through Orlando-based University of Central Florida, where he played football on scholarship as a defensive back.
  • California county relieves $135M in medical debt

    The San Mateo County (Calif.) Board of Supervisors has approved an agreement with RIP Medical Debt that will eliminate debt for 72,399 residents, Climate Magazine reported Dec. 20. 
  • Health agencies with biggest budget gains in the $1.7 trillion spending bill

    Lawmakers rolled out a roughly $1.7 trillion year-end spending bill Dec. 20, with funds earmarked for health agencies and some new investments that intersect with the work of hospitals and health systems. 

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