Today's Top 20 Health Finance Articles
-
New ordinance to require Los Angeles County hospitals to share medical debt data
The Los Angeles County Board of Supervisors passed an ordinance Aug. 6 that will require hospitals to inform the county's health department of attempts to collect medical debt from patients, according to the Los Angeles Times. -
Where health systems are going wrong with Medicare Advantage
As the Medicare Advantage landscape evolves, the success of health systems hinges on their ability to adapt and excel in key areas such as star ratings and appropriate coding. -
The 'indispensable' skills CFOs need to navigate healthcare
Jeff Costello has been CFO of South Bend, Ind.-based Beacon Health System since 1995. Over his nearly three decades with the health system, Mr. Costello has worked to adapt to constant change within healthcare. -
Desert Healthcare District, Tenet lease heads to November ballot
The board of directors for Desert Healthcare District and Foundation voted Aug. 6 to put a 30-year hospital lease purchase agreement with Dallas-based Tenet Healthcare on the Nov. 5 ballot for Coachella Valley, Calif., voters, according to a Desert Healthcare District and Foundation Aug. 6 LinkedIn post. -
PeaceHealth operating margin improves by 4.6% — but still in the red
Vancouver, Wash.-based PeaceHealth reported a $95.6 million operating loss (-2.7% margin) for the fiscal year ended June 30, compared to a $240.7 million loss (-7.3% margin) last year, according to financial results published Aug. 7. -
What top financially performing hospitals do differently with physicians
The gap between hospitals with strong and weak margins is growing, according to Kaufman Hall, and the top hospitals are vigilant about evaluating their physician strategies. -
Novant Health growing at rapid rate
Winston-Salem, N.C.-based Novant Health called off its plan to buy two Community Health Systems hospitals after a lengthy battle with the Federal Trade Commission, but the 19-hospital system is growing rapidly in North Carolina and South Carolina and showing no signs of slowing down. -
Big data creates 'entirely new revenue streams' for health systems
Hospitals are tinkering with artificial intelligence solutions to alleviate cost pressures, but the safe integration of AI can be a challenging endeavor, not a quick fix to decrease spending. -
Community organization moves to buy, upgrade Steward Ohio hospital
Warren (Ohio) City Hospital, the name of a collaborative group of business and community leaders, has shared plans to acquire Dallas-based Steward Health Care's Warren, Ohio-based Trumbull Regional Medical Center. -
CVS Health plans to cut $2B in costs
CVS Health is intensifying its cost-cutting efforts with a new $2 billion initiative, adding to a previous plan to reduce costs by hundreds of millions. -
Texas Children's to lay off 1,000
The nation's largest children's hospital is laying off approximately 1,000 employees, including front-line healthcare workers and those in leadership positions, The Houston Chronicle reported Aug. 6. -
Tenet rapidly reorganizing portfolio
Dallas-based Tenet Healthcare is transforming its portfolio into a more value-based care enterprise with a leading specialty care platform and is rapidly selling hospitals while simultaneously adding ambulatory surgery centers. -
MercyOne Iowa hospital to close in September
Des Moines, Iowa-based MercyOne shared plans to close its MercyOne Primghar (Iowa) Medical Center by Sept. 30. -
Steward expects physician group-approved bid 'very soon,' $30M Massachusetts funding approved
U.S. Bankruptcy Court Judge Christopher Lopez approved an emergency motion filed by Massachusetts Gov. Maura Healey's administration to provide Dallas-based Steward Health Care with $30 million in an Aug. 6 hearing. -
Create an environment for employees to succeed, LMH Health CFO says
Rob Chestnut might have started his new role as CFO of Lawrence, Kan.-based LMH Health a little more than two months ago, but Lawrence Memorial Hospital and the community it surrounds has always held a special place in his heart. -
Massachusetts hospital shuttered by fire to reopen in August
Brockton (Mass.) Hospital, owned by Brockton-based Signature Healthcare, has shared plans to reopen Aug. 13 after an electrical fire closed the hospital in February 2023. -
Northern Light Health to shutter another facility
Northern Light Health will close its internal medicine facility in Dexter, Maine, on Sept. 30, a spokesperson for the health system confirmed to Becker's. -
Tenet's Conifer tees up 10-year RCM partnership with Orlando Health: 5 things to know
Conifer Health Solutions, Tenet Healthcare's revenue cycle management arm, has lined up a 10-year contract to provide services to five Alabama hospitals the health system plans to sell to Orlando (Fla.) Health. -
MetroHealth tightens belt amid CEO tumult
Days after news of cost-cutting measures being taken at Cleveland-based MetroHealth, the health system announced it has terminated its president and CEO, Airica Steed, EdD, RN. -
Pennsylvania's healthcare amid financial struggles, closures: What to know
Hospitals and health systems in Pennsylvania have faced financial struggles that have become evident amid recent layoffs, closures and sales.
Page 13 of 50