Today's Top 20 Health Finance Articles
  • Hospitals' 9 biggest financial challenges in 2024

    Staffing shortages and contract labor will continue to be the biggest financial challenges facing hospital and health systems this year, with physician enterprise losses also top of mind for executives, according to a Jan. 4 VMG Health survey. 
  • Mercy Health opening $200M hospital

    Cincinnati-based Mercy Health has unveiled its new $200 million Mason, Ohio-based Mercy Health-Kings Mills Hospital.
  • Medicare reimbursement hits new low

    Medicare historically reimburses hospitals below the cost of providing care to patients, but payments to hospitals fell to a record low in 2022, according to new data provided by the American Hospital Association. 
  • 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.
  • New Jersey governor pushes medical debt relief

    New Jersey Gov. Phil Murphy is urging the state Legislature to pass a package of bills aimed to "help families avoid being caught in a medical debt trap and require every medical bill to be clear and transparent," reported Jan. 9. 
  • Maine health system facility to end urgent care services

    Lewiston-based Central Maine Healthcare is ending urgent care services at its Maine Urgent Care location on Sabattus Street in the city, the Sun Journal reported Jan. 5. 
  • WMCHealth reinforces commitment as facility closure discussions loom

    Potential closure of Westchester Medical Center Health Network's Margaretville, N.Y.-based Mountainside Residential Care Center and its Margaretville Hospital was discussed during a Jan. 8 Delaware County Public Safety Committee meeting, the Daily Star reported Jan. 9. 
  • Prospect Medical owes $67M in taxes

    Culver City, Calif.-based Prospect Medical Holdings is facing three tax liens filed by the state for failure to remit $67 million in taxes, The Connecticut Mirror reported Jan. 9. 
  • 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.
  • Steward sells lab assets in Ohio, Pennsylvania

    Quest Diagnostics has acquired select assets of Steward Health Care System's outreach laboratory services business serving patients and physicians in Pennsylvania and Ohio.  
  • Rising uncompensated care costs have Denver Health at 'critical point,' CEO says

    Denver Health is pushing for more state and federal funding as it grapples with ballooning uncompensated care costs, NBC affiliate KUSA reported Jan. 9.  
  • 10 health systems seeking revenue cycle vice presidents

    Ten hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 
  • Baptist Memorial, Anderson Regional complete merger

    Memphis, Tenn.-based Baptist Memorial Health Care and Meridian, Miss.-based Anderson Regional Health System have completed a merger, according to a Jan. 9 news release from Baptist.
  • 'Please give what you can': Connecticut hospital asks community for funding

    Kurt Barwis, president and CEO of Bristol (Conn.) Health, wrote a letter to community members asking for monetary support due to struggles resulting from cash reserve depletion brought on by the pandemic.
  • RWJBarnabas to lay off 79

    West Orange, N.J.-based RWJBarnabas Health is laying off 79 employees, according to regulatory documents filed with the state Jan. 8.
  • Premier Health shuttering labor and delivery unit

    Troy, Ohio-based Upper Valley Medical Center, part of Dayton, Ohio-based Premier Health, is shuttering its labor and delivery unit on Feb. 29.
  • Florida system strikes RCM partnership with Ensemble

    Tallahassee (Fla.) Memorial HealthCare has entered a revenue cycle management partnership with Ensemble Health Partners. 
  • New York Medicaid waiver opens door for $7.5B funding

    New York Gov. Kathy Hochul announced a $7.5 billion waiver amendment that will allow the state to put around $6 billion in federal funding over the next three years into the state's healthcare system, according to a Jan. 9 news release. 
  • Hospital performance points toward recovery: Kaufman Hall

    Hospitals' median operating margin was 2% through November, up from 1.5% in October, according to Kaufman Hall's "National Hospital Flash Report," released Jan. 9. 
  • Pay raise growth slows in 2024

    Pay raise increases slowed at the end of 2023 and many executives expect them to remain tepid this year, according to a report in The Wall Street Journal.
  • Americans' credit card balances eclipse $1 trillion: 5 things to know

    Forty-nine percent of credit card holders in the U.S. are carrying debt from month to month, up from 46% percent last year, CNBC reported Jan. 8.
  • 3 RCM M&A deals in 2 days

    Revenue cycle management company merger and acquisition deals are off to a fast start in 2024, with three deals named in back-to-back days.

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