Today's Top 20 Health Finance Articles
-
Cash-strapped New York hospital's deficit plan includes aggressive denial appeals
A New York hospital seeking $83 million in state funding has filed a financial improvement plan that involves aggressively appealing insurance claims denials and limiting overtime and physician bonuses, Newsday reported April 15. -
Prime ramps up hospital real estate acquisitions, pay down debt
Ontario, Calif.-based Prime Healthcare has bought the real estate of four facilities that comprise Saint Clare's Health in Denville, N.J., and St. Francis Medical Center in Lynwood, Calif., from Medical Properties Trust for $350 million. -
Rite Aid to shutter 53 additional locations
Multiple April bankruptcy court filings revealed that Camp Hill, Pa.-based Rite Aid has plans to shutter 53 additional locations across nine states after it filed for Chapter 11 bankruptcy and shared it will close 154 locations last October. -
Tenet portfolio 'transforms' amid USPI growth
Dallas-based Tenet Healthcare is accelerating its portfolio transformation towards a more value-based care enterprise with a leading specialty care platform, the company said in a proxy statement filed April 12 with the Securities and Exchange Commission. -
RIP Medical Debt rebrands, broadens goal
RIP Medical Debt, which has helped to relieve more than $11 billion since its founding in 2014, has rebranded as Undue Medical Debt. -
Cleveland Clinic, Advocate Aurora back letter to lawmakers over CMS concerns
The Washington, D.C.-based National Rural Health Association and several health systems, hospitals, academic health centers, and state hospital associations have called on lawmakers to help restore the partnership between CMS and states to align with laws passed by Congress and to allow states to properly fund Medicaid programs based on their specific state and local requirements. -
Mayo Clinic $5B expansion sparks financial planning reboot
Mayo Clinic recently announced plans to make a $5 billion investment in its Rochester, Minn.-based campus late last year to replace old facilities and find "creative growth" areas, said Allison Viramontes, CFO of Mayo Clinic Arizona, at the Becker's 14th Annual Meeting in Chicago on April 9. -
Health systems face more than one math problem
From his vantage point as CEO of University of Pennsylvania Health System, Kevin Mahoney sees a math problem unfolding for health systems of all types — one that will require stronger responses than many may be ready for. -
Intermountain's quest upstream for value
Rob Allen, president and CEO of Intermountain Health in Salt Lake City, is spending a lot of time thinking about changing payment mechanisms and the flow of care for the value-based environment. The health system has been in value-based arrangements since 2011 and Mr. Allen is now challenging his team to think further upstream to manage populations. -
Massachusetts agency awaits 'key materials' for Steward, Optum review
The Massachusetts Health Policy Commission is still waiting on "key material" to review the proposed sale of Dallas-based Steward Health Care subsidiary Stewardship Health, the parent of Stewardship Health Medical Group, to UnitedHealth Group's subsidiary Optum. -
100 academic medical centers' top 10 operational priorities
What are academic medical centers focusing on most amid increasing pressure to improve performance? -
New York hospital transitions to critical access facility
Massena (N.Y.) Hospital, a 25-bed facility that is part of St. Lawrence Heath, has converted into a critical access hospital. -
Prime Healthcare gets credit rating upgrade
Fitch Ratings has upgraded Prime Healthcare Foundation's rating on a series of bonds from "BBB" to "BBB+" with its rating outlook at stable. -
ProMedica partnership eliminating $222M in medical debt
Toledo, Ohio-based ProMedica is partnering with RIP Medical Debt to relieve $222 million in medical debt for more than 108,000 patients. -
Mississippi hospitals expected to net $708M annually with CMS plan approval
Mississippi hospitals are projected to see an increase of more than $700 million in annual funds after CMS approved the second component of the state's Medicaid reimbursement plan. -
'Fails to meet the moment': Hospital groups react to proposed inpatient payment rule
CMS released its annual Inpatient Prospective Payment System proposed rule April 10. Here is how three hospital groups responded to the proposal, via statements: -
Illinois hospital reopens under new ownership
OSF HealthCare has reopened a hospital in Peru, Ill., 15 months after the facility shuttered under its previous owners. -
CMS pitches inpatient payment rule for 2025: 8 things to know
CMS released its annual Inpatient Prospective Payment System proposed rule April 10, which proposes a reimbursement boost for acute care hospitals. -
Isolated California hospital gets $2M from payer to stave off closure
L.A. Care Health Plan is giving Avalon, Calif-based Catalina Island Health hospital a $2 million grant to help stay afloat as the hospital looks to make an affiliation arrangement. -
Baycare gets $50M donation for children's hospital
BayCare and St. Joseph's Children's Foundation received a $50 million gift from a Tampa family.
Page 4 of 50