Today's Top 20 Health Finance Articles
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2024 Trends: Key Challenges for Healthcare CFO’s
In 2024, Healthcare CFOs are taking on major challenges in the ever-changing healthcare landscape. Their role in steering organizations toward sustainability and strategic growth while managing financial and operational complexities is more vital than ever. -
Fitch downgrades Pennsylvania system
Fitch downgraded Beaver, Pa.-based Heritage Valley Health System's rating from "A+" to "A." -
Texas hospital seeks $400M from taxpayers
The board of managers for the University Medical Center of El Paso (Texas) has approved plans to ask county commissioners for their approval of a $396.6 million bond to go on the Nov. 5 ballot. -
The biggest issue for CFOs in 2024
From operating margins still causing challenges for many health systems to consistent worries about healthcare workforce shortages, the current economy has trumped cost reduction concerns for CFOs in 2024, according to a new Deloitte annual survey. -
CMS floats 2.6% hospital outpatient pay increase for 2025: 7 things to know
CMS has published its Outpatient Prospective Payment System proposed rule for 2025, which, among other things, would raise Medicare outpatient payment rates for about 3,500 hospitals and 6,100 ASCs next year. -
Virginia system strikes RCM partnership with Ensemble
Roanoke, Va.-based Carilion Clinic selected Ensemble Health Partners for an end-to-end revenue cycle partnership. -
Acquisition by HCA would be 'credit positive' for Catholic system: Moody's
Manchester, N.H.-based Catholic Medical Center's plans to join Nashville, Tenn.-based HCA Healthcare would be "credit positive" for the 330-bed regional health system, according to Moody's. -
Ardent eyes $3.15B valuation with IPO
Brentwood, Tenn.-based Ardent Health is seeking a valuation of $3.15 billion for its initial public offering, according to Reuters. -
GLP-1s spur Oklahoma system to close clinic, end bariatric services
The popularity of medications like Wegovy has reduced the number of weight loss surgeries at Norman (Okla.) Regional Health System, prompting the organization to shutter its bariatric program. -
Hospital margins dip to 3.8% average, gap between high and low performers widens
Average hospital margins year to date remained steadfast in May at 3.8%, according to Kaufman Hall's "National Hospital Flash Report," released July 9. -
Fitch downgrades Texas Children's Hospital
Fitch downgraded Houston-based Texas Children's Hospital's rating to "AA-" from "AA." -
Aspirion taps chief technology officer
Revenue cycle management company Aspirion has named Doug Hebenthal as chief technology officer. -
Hospital M&A turns to strategy over scale
Health systems put an emphasis on strategy over scale in hospital transactions announced in the second quarter of 2024, according to a July 9 report from Kaufman Hall. -
Hospital cybersecurity spend rockets as C-suites balance growth
Hospitals and health systems across the U.S. are increasing cybersecurity budgets, and C-suite executives anticipate spending even more this year. -
UPMC scrutinized for use of private jet amid layoffs
Less than one year prior to laying off about 1,000 employees, Pittsburgh-based UPMC began leasing a jet for business-related travel. The cost to lease the jet was not disclosed, but a 2023 Bombardier Global 6500 runs at a pre-owned purchase price of $52 million, according to AVBuyers. -
Fitch downgrades California hospital
Fitch downgraded Porterville, Calif.-based Sierra View Local Health Care District's rating to "A-" from "A." -
Massachusetts labor committee shares 3 ways state can prevent Steward hospital closures
The Labor Committee of Mass-Care has unveiled a white paper detailing three key steps that can be taken to prevent Dallas-based Steward Health Care from closing its nine Massachusetts hospitals. -
CommonSpirit to lay off workers at Oregon, Tennessee hospitals
Chicago-based CommonSpirit plans to lay off workers at hospitals in Oregon and Tennessee in the wake of a $365 million operating loss for the quarter ending March 31. -
Nurses among OHSU layoffs
Portland-based Oregon Health & Science University has cut a telehealth nursing unit that launched at the start of the COVID-19 pandemic, affecting 21 jobs. -
Emory Georgia hospital to close by end of year
Emory Smyrna (Ga.) Hospital, part of Atlanta-based Emory Healthcare, has shared plans to phase out its limited services and close Dec. 29.
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