Today's Top 20 Health Finance Articles
  • 10 hospitals seeking RCM talent

    Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • Moody's: Labor shortages weaken hospitals' financial performance

    Labor shortages from the COVID-19 pandemic will continue to worsen the financial performance of nonprofit and for-profit hospitals into 2022, an October Moody's quarterly report found.
  • Hospitals sustained huge financial losses from lack of elective surgeries

    Studies by the American College of Surgeons found that the postponement of elective surgeries during the COVID-19 pandemic took away a large portion of hospitals' income and disrupted surgical care.
  • How to thrive as patient billing and collections regulations rapidly change

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  • Providers must submit COVID-19 relief applications by Oct. 26

    The application for the $17 billion Provider Relief Fund Phase 4 and the $8.5 billion American Rescue Plan Rural payments must be submitted by Oct. 26, the Health Resources & Services Administration recently announced.
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • Gulf Coast Health Care files for bankruptcy

    Pensacola, Fla.-based Gulf Coast Health Care, which operates 27 nursing skilled nursing and long-term care facilities in three states, aims to keep its facilities open and employees in place after entering Chapter 11 bankruptcy, WEAR reported Oct. 22. 
  • More COVID-19 relief funds went to wealthier hospitals, study finds

    Hospitals that were in a strong financial position before the pandemic received more money from the Provider Relief Fund than those with weaker balance sheets, according to a new study published Oct. 22 in JAMA Health Forum. 
  • Getting a handle on denial management

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  • HCA's profit more than triples to $2.3B in Q3

    Nashville, Tenn.-based HCA Healthcare saw strong growth in revenue and profit in the third quarter of 2021 compared to the same period last year. 
  • Next Generation ACOs saved Medicare $667M, but model's still losing money

    The Next Generation ACO Model has saved Medicare $667 million in the last four performance years, but the model is operating at a loss with performance payouts, according to an evaluation of it released Oct. 21.
  • NIH rewards Penn State $25M for medical research, collaboration

    The National Center for Advancing Translational Sciences, part of the National Institutes of Health, gifted Penn State more than $25 million for clinical and translational research and more collaboration within the organization and the community.
  • Northwell CFO Michele Cusack's key criteria for evaluating partnerships

    Michele Cusack serves as senior vice president and CFO of Northwell Health, a 23-hospital system with $13.4 billion in annual revenue.
  • Massachusetts General pursues record $3B in fundraising

    Massachusetts General Hospital is hoping to raise $1 billion in donations through the end of 2024 after already receiving $2 billion over the last four years, marking the largest campaign in the history of any academic medical center in the U.S., The Boston Globe reported Oct. 21.
  • Former HCA Healthcare CEO gives $10M to medical school

    The former CEO of Nashville, Tenn.-based HCA Healthcare and his wife made a $10 million donation to Belmont University's medical school, the university announced Oct. 20. 
  • Northwell taps Cedar to improve patient financial experience

    New Hyde Park, N.Y.-based Northwell Health has partnered with financial engagement platform Cedar to improve the financial experience of patients across its 23 hospitals and hundreds of outpatient facilities.
  • Tower Health's journey to improve finances: A timeline

    Tower Health, a seven-hospital system based in West Reading, Pa., has made headlines in the past year as it navigated financial troubles and worked to improve margins. Below is a timeline of some of the key stories about Tower Health's finances since last fall.
  • Tenet's operating income hits $1B in Q3

    Dallas-based Tenet Healthcare saw many of its key financial metrics improve in the third quarter of 2021, according to its financial report released Oct. 20. 
  • Hospital group urges CMS to ensure close oversight of No Surprises Act

    The American Hospital Association penned a letter Oct. 19 urging CMS to implement measures to closely oversee provisions of the No Surprises Act and to release more guidance and resources about compliance with the surprise-billing rule before enforcing it. 
  • Kaiser workers set to strike over 2-tiered wage plan: 5 things to know

    A proposed wage system that would pay starting employees less than their more experienced colleagues has 30,000 Kaiser Permanente workers ready to strike. The Oakland, Calif.-based system says a two-tiered wage model would help contain costs for consumers, Bloomberg Law reported Oct. 20. 
  • Mid rev cycle automation tools and platforms to drive innovation — 5 learnings

    The healthcare revenue cycle landscape is complex. Investment in EHR tools and other technologies has accelerated, yet clinicians remain burned out, operations teams are working on razor-thin margins and patients aren't loyal. 
  • Average charge for COVID-19 hospitalization, by state

    The cost of a complex and noncomplex COVID-19 hospitalization in each state varies, according to a new interactive map from Fair Health, an independent nonprofit focused on enhancing price transparency in healthcare.

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