Today's Top 20 Health Finance Articles
  • 7 hospitals outsourcing RCM functions

    Several hospitals and health systems decided to outsource some finance jobs or other revenue cycle functions in 2021.
  • New York hospital ordered to submit financial stability plan

    A New York control board ordered the leaders of Nassau University Medical Center in East Meadow, N.Y., to file plans to address its financial woes, Newsday reported.
  • Hackensack Meridian Mountainside gets new CFO

    Yang Linda Chen is the new CFO of Hackensack Meridian Mountainside Medical Center in Glen Ridge, N.J., the company announced July 26.
  • Why patients don't pay: What providers should know

    Why do patients miss payments? 2 studies involving RCM leaders + patients might have the answer. Click here to find out.
  • Viewpoint: CHS 'predatory billing' threatens public trust

    Aggressive collection practices used by Community Health Systems could diminish trust in healthcare institutions, Marty Makary, MD, a professor at the Johns Hopkins School of Medicine and Bloomberg School of Public Health told NPR. 
  • Health systems vie for market share in East Georgia

    Several health systems in Georgia are eyeing expansions east of Atlanta at the state's border with South Carolina, according to Fox 54.
  • 6 recent donations to hospitals, med schools

    Here are six recent examples of hospitals and medical schools receiving donations to build new facilities, advance research and improve medical education.
  • How data and vendor consolidation can help hospitals preserve revenue in the challenging post-COVID era

    As revenue becomes more challenging to capture in a post-COVID environment, hospitals must streamline and consolidate data collection and vendor relationships to remain competitive.
  • Drive financial savings by optimizing medical device inventory — Here's how

    The transition of care is starting to prove costly for health systems. Here's the finanicial lever hospitals are engaging to alleviate that.
  • Aledade ACOs save Medicare $300M in 2020

    Aledade's ACOs saved Medicare an estimated $300 million in 2020, according to a July 22 news release. 
  • 14 latest hospital closures

    From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to shut down. In the past year, financial damage linked to the COVID-19 pandemic has put many hospitals in a fragile financial position and forced a few to close. 
  • NewYork-Presbyterian gives $20M to help establish new health school

    New York City-based NewYork-Presbyterian has donated $20 million to Iona College in New Rochelle, N.Y., to help establish a new school of health sciences, according to The Journal News. 
  • 9 numbers that show the reach of R1 RCM

    Here are nine quick notes that show the reach of R1 RCM, a revenue cycle management company serving hospitals, health systems and physician groups across the U.S.
  • 'Relentless' cyberattacks no good for hospital finances, Fitch says

    Nonprofit hospitals and health systems will need to plan for increased revenue and expense pressure from "relentless" cyberattacks, Fitch Ratings said July 22. 
  • GAO to HHS: Share plan for $43.7B of unused provider relief funds

    About 25 percent of the provider relief funds remain unused, and HHS should reveal plans on how and when it will allocate the unspent funds, the Government Accountability Office said in a July 19 report. 
  • Parents hit with $270K medical bill over 'birthday rule' inspire changes

    In January, a Kansas couple shared the story of how they received a $270,951 medical bill after the birth of their first child — even though they're both insured. Now, a state representative is proposing legislation to ensure stories like theirs don't happen again.
  • The case for fintech in healthcare

    Fintech has transformed many aspects of financial services over the past decade. Technologies such as AI and machine learning, for example, have helped unlock credit access to the previously unbanked. Likewise, fintech is helping to reduce fraud, speed up processes and enhance user experiences—all of which has led to the great unbundling of financial services.
  • Preparing for Financial Wellness and Other Key Learning Discussed During the Latest Becker's Advisory Board Call

    Healthcare leaders convened during the Becker's Hospital Review Advisory Board Call on June 2, 2021 to discuss healthcare's evolution to transform the patient financial experience and how it impacts healthcare institutions' financial performance. As hospitals and health systems increasingly explore ways to improve their revenue cycle management practices and look for ways to create a sustainable financial infrastructure, they are also prioritizing the patient experience.
  • 10 numbers showing hospitals' financial recovery

    The COVID-19 pandemic caused significant revenue losses for hospitals as elective surgery volumes dwindled and reimbursement lagged. Despite this, hospitals recently have seen financial improvements. Here are 10 numbers that illustrate hospitals' financial recovery. 
  • As 10% physician pay cuts loom, AMA urges Congressional action

    The American Medical Association is sounding the alarm on upcoming pay cuts for physician practices and Congress' alleged indifference about the reimbursement changes. 
  • Tenet posts $120M profit in Q2

    Dallas-based Tenet Healthcare saw its revenue and net income increase year over year in the second quarter of this year. 
  • Healthcare groups back 'Value Act': 5 things to know

    In a July 20 letter to House lawmakers, 14 healthcare groups said the transition to value-based reimbursement is at a "critical juncture," and legislation like the Value in Health Care Act of 2021 is key to reform.

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