Today's Top 20 Health Finance Articles
  • 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. 
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • 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. 
  • Simplify the complexity of Medicare claims

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  • Lawmakers battle over $15M hospital aid in Wisconsin as closures loom

    A dispute between Wisconsin lawmakers has caused the delay of $15 million in hospital relief funding ahead of the planned closure of Springfield, Ill.-based Hospital Sisters Health System's Sacred Heart Hospital in Eau Claire, Wis., and St. Joseph's Hospital in Chippewa Falls, Wis., on March 22.
  • California hospital to lay off 62

    AHMC's San Gabriel (Calif.) Valley Medical Center is laying off 62 employees, according to regulatory documents filed with the state March 13.
  • 11 hospitals closing departments or ending services

    A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages.
  • Allegheny Health Network sees 4.4% operating loss improvement

    Pittsburgh-based Allegheny Health Network reported a $172.7 million operating loss (-3.67% margin) in the fiscal year ended Dec. 31, a 4.4% improvement from a $180.8 million loss (-4.15%) it posted in 2022, according to a financial report shared March 18. 
  • HCA hospitals by state

    Nashville, Tenn.-based HCA Healthcare operated 186 hospitals as of Dec. 31. 
  • Mayo seals $150M deal

    Rochester, Minn.-based Mayo Clinic has completed its $150 million buyout deal with Abu Dhabi Health Services Co. in a bid to unload its overseas hospital investment, postbulletin.com reported March 15.
  • Ohio system trims operating losses by 53%

    Dayton, Ohio-based Premier Health reported an operating loss of $85.3 million in 2023, a 53% improvement on the $180.3 million loss recorded in 2022.
  • 5 RCM mergers and acquisitions

    Here are five revenue cycle management company mergers and acquisitions that Becker's has reported on in 2024:
  • UC Davis Health added C-suite role to 'accelerate revenue opportunities'

    Last April, UC Davis Health added a new C-suite role to lead its Ventures Office, and the role is quickly becoming more essential to the system's long term success.
  • Fitch: Change Healthcare attack may hurt smaller providers' credit

    Fitch Ratings said the Change Healthcare cyberattack could negatively affect the credit profiles of smaller healthcare providers, pharmacies and other companies that rely on the UnitedHealth Group subsidiary for services. 
  • Hawaii hospital temporarily closes ED

    Wahiawa (Hawaii) General Hospital has temporarily closed its emergency department, effective March 18, due to heating, ventilation and air conditioning issues.
  • Walgreens lays off 646 workers

    Walgreens is reducing its workforce in Florida and Connecticut by nearly 650 workers combined.
  • Scripps Health sees 998% operating margin increase in Q1

    San Diego-based Scripps Health reported a $73.1 million operating income (5.6% margin) on revenues of $1.3 billion for the first quarter of 2024, ended Dec. 31, 2023, compared to a $5.7 million operating income (0.51%) on revenues of $1.1 billion over the same period in fiscal year 2023, according to its financial report released March 15.

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