Today's Top 20 Health Finance Articles
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Steward Louisiana hospital closes inpatient rehab unit
West Monroe, La.-based Glenwood Regional Medical Center, part of financially troubled Dallas-based Steward Health Care, closed its inpatient rehabilitation unit March 20. -
4 Conifer RCM partnerships in 2024
Conifer Health Solutions has added and expanded several revenue cycle partnerships in 2024, many of which were part of hospital sales involving its parent company, Dallas-based Tenet Healthcare. -
HCA's 5-pronged business strategy
Nashville, Tenn.-based HCA Healthcare outlined its business strategy in its 2023 annual shareholders report released March 15. -
Banner reports $282.8M operating income, 2% margin
Phoenix-based Banner Health posted an operating income of $282.8 million (2% margin) in 2023, a substantial mprovement on the $16.6 million operating gain (0.1% margin) reported the previous year. -
Intermountain posts $137M operating income, 0.9% margin
Salt Lake City-based Intermountain Health posted an operating income of $137 million (0.9% margin) in 2023, improving slightly on the $121 million gain (0.9% margin) reported the previous year. -
Norton aims to raise $200M
Louisville, Ky.-based Norton Healthcare and Norton Children's launched the "Just Imagine" campaign March 20 to raise millions in support of health equity and expanding specialty care. -
The financial losses for hospitals stemming from Change attack: 5 numbers to know
Hospitals, pharmacies and medical groups nationwide are continuing their efforts to recover from the cyberattack on UnitedHealth Group's Change Healthcare in February. -
Sale of 2 Rhode Island hospitals remains in limbo
The Rhode Island attorney general and state department of health are still reviewing the Centurion Foundation's application to purchase Providence, R.I.-based CharterCare Health Partners, part of Los Angeles-based Prospect Medical Holdings, and its two Rhode Island hospitals for $193 million. -
Minnesota county pitches healthcare improvements through ballpark tax
Hennepin County (Minn.) leaders seek to repurpose ballpark tax money to fund healthcare improvements. -
5 California hospitals, health systems cutting jobs
Hospitals and health systems are reducing their workforces or jobs due to restructuring strategies or financial and operational challenges. -
Funding stream boosts efforts to reopen Georgia hospital
A Georgia hospital that closed in 2020 could get a boost toward reopening after receiving $6.3 million in federal funding, ABC affiliate WVTM reported March 20. -
Steward Texas hospital denies closure despite paused construction on new facility
Texarkana, Texas-based Wadley Regional Medical Center, part of Dallas-based Steward Health Care, has denied rumors that the facility is closing its doors. -
Minnesota system at 'breaking point' lays off 103
Robbinsdale, Minn.-based North Memorial Health is laying off more than 100 employees in clinical and nonclinical roles due to ongoing financial challenges, according to a March 20 statement shared with Becker's. -
R1 RCM tells shareholders to cease buyout discussions
R1 RCM told major shareholders New Mountain Capital and TCP-ASC to halt discussions of a potential buyout of the company. -
Fitch revises UPMC's outlook after 'challenging 2023 results'
Fitch Ratings has affirmed UPMC's issuer default and revenue bond ratings as "A" and revised the Pittsburgh-based health system's outlook from positive to stable. -
$26M Cleveland Clinic-backed apartments open
A new 82-unit apartment complex is now open in Cleveland, funded in part by Cleveland Clinic, to expand modern mixed-market-rate living options for workers. -
Wisconsin getting new micro-hospital
A physician-owned micro-hospital, part of Houston-based Nutex Health, is opening on April 1 in Bellevue, Wis. -
Citadel CEO gives $50M to Florida system
Citadel CEO Ken Griffin is donating $50 million to Baptist Health South Florida, marking the largest single gift in the Coral Gables, Fla.-based health system's history. -
10 hospitals, health systems seeking CFOs
Below are 10 hospitals and health systems that recently posted job listings seeking CFOs. -
Pop-up clinic to provide free care after Tennessee hospital closure
The remote area medical volunteer corps is stepping up to provide free dental, vision and medical services following the March 9 closure of Jellico (Tenn.) Regional Hospital.
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