Today's Top 20 Health Finance Articles
  • Why not-for-profit health systems need positive margins: Deloitte

    Health system margins are the "lifeblood of a healthy, patient-centered, innovative health care system and community," according to a report from consulting firm Deloitte. 
  • R1 RCM posts $3.3M in 2023 income

    R1 RCM reported a $3.3 million net income in 2023 after posting a net loss of $63.3 million in 2022, according to its Feb. 27 financial statement.  
  • Fitch upgrades El Camino Health to 'AA'

    Fitch Ratings has upgraded Mountain View, Calif.-based El Camino Health to "AA" from "AA-." 
  • 6 steps for ASCs to collect patient payments earlier + faster

    The earlier ASCs collect patient payments, the better. Learn how to collect patient payments earlier + faster in 6 steps here.
  • South Carolina healthcare centers get nearly $50M in grants

    The South Carolina Department of Health and Human Services provided 26 grants to healthcare centers and organizations worth $48.2 million in an effort to improve medical care access.
  • Change aims to mitigate hospital cash flow issues due to cyberattack

    UnitedHealth Group plans to work with hospitals to mitigate any cash flow issues stemming from the Feb. 21 cyberattack against Change Healthcare, according to a statement provided to Becker's.
  • OSF improves margin by 4.6% in fiscal Q1

    Peoria, Ill.-based OSF HealthCare transformed a $43.2 million operating loss (-4.5% margin) in the fiscal first quarter ending Dec. 31, 2022, into a $0.9 million operating gain (0.1% margin) in the same quarter in 2023. The turnaround is a 4.6% improvement on its operating margin year over year.
  • $200M of debt erased for MetroHealth patients

    Cleveland-based MetroHealth System and RIP Medical Debt, a nonprofit debt relief service, have shared an agreement that will help erase just over $200 million in medical debt for 290,761 Northeast Ohio patients.
  • Simplify the complexity of Medicare claims

    Minutes turn into hours while managing Medicare claims. Learn how to simplify the process by automating your billing management here.
  • Fitch downgrades Tufts Medicine to 'BBB-'

    Fitch Ratings has downgraded Burlington, Mass.-based Tufts Medicine from a "BBB" to a "BBB-" credit rating. 
  • Hospitals have strong financial start despite expense growth

    Hospital margins jumped 3.8 percentage points in January over 2023, a promising start to the year, according to data from Syntellis, part of Strata.
  • Hospitals' overlooked performance metric

    Many nonprofit hospitals and health systems issue tax-exempt debt to raise capital, putting pressure on them to operate like their for-profit counterparts, most of which also issue debt to a similar pool of potential buyers, according to a Feb. 23 report published by Health Affairs.
  • New Jersey hospital ending maternity care, relocating services

    Vineland, N.J.-based Inspira Health is closing the midwifery program at its Inspira Medical Center Elmer (N.J.) location in mid- to late April after assessing its maternity care's current landscape and internal operations.
  • R1 RCM shareholders mull taking company private

    A group of R1 RCM investors is weighing whether to take the revenue cycle management company private, Bloomberg reported Feb. 26. 
  • Massachusetts governor: Steward financial statement 'incomplete and insufficient'

    Massachusetts Gov. Maura Healey is less than impressed with Dallas-based Steward Health Care's recently shared financial information after probing the health system for its records in a recent letter due to ongoing financial troubles.
  • 'Productivity boom' may be in store for US, economists say

    Economists are deliberating whether the American economy is on the brink of a transformative boom akin to the 1990s amid early signs of a potential resurgence in productivity, The New York Times reported Feb. 21.
  • Nebraska hospital finds 'lifeline' in new CMS model

    Friend, Neb.-based Warren Memorial Hospital on Feb. 8 became the first hospital in the state to convert to a rural emergency hospital, according to
  • Lion Star closing Texas hospital clinics, conducting layoffs

    Editor's note: This story has been updated after previously reporting that Lion Star was closing its Nacogdoches (Texas) Memorial Hospital obstetrics unit based off of a Feb. 23 Nacogdoches County Hospital District statement. A Lion Star spokesperson confirmed that the hospital is not closing its obstetrics unit.  Lion Star, the group that operates Nacogdoches (Texas) Memorial Hospital, is closing four of its clinics on March 22, which will result in the layoffs of under 50 people with no additional layoffs planned, a Lion Star spokesperson told Becker's. 
  • Cooper to begin estimated $2B expansion this year

    Cooper University Health Care is preparing to begin the first phase of a projected $2 billion expansion this year, according to Fitch Ratings.
  • Trinity Health significantly cuts 6-month operating losses

    Livonia, Mich.-based Trinity Health reported an operating loss of $38.6 million for the first six months of fiscal year 2024 after reporting a $298 million loss over the same period last year, according to its Feb. 23 financial report. 
  • Steward issues '6-point action plan'

    Dallas-based Steward Health Care has shared a 'six-point action plan' to address its ongoing financial troubles and create a more sustainable business as the health system moves into its next phase of operations.
  • Tower Health cuts 6-month operating loss by $73.5M

    West Reading, Pa.-based Tower Health reported a $16.6 million operating loss in the first six months of fiscal year 2024, an 81.6% improvement from the $90.1 million loss over the same period last year, according to its Feb. 23 financial report. 

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