CMS released its annual Inpatient Prospective Payment System proposed rule April 10, which proposes a reimbursement boost for acute care hospitals.

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 and St. Joseph's Children's Foundation received a $50 million gift from a Tampa family.

Revenue cycle management company Aspirion has named Tina Eller to the newly created position of chief experience officer. 

Over the last year, Charleston, S.C.-based MUSC Health's Midlands division, which includes three hospitals and an emergency and imaging site, has significantly increased revenue, enhanced cost control initiatives and offered more services.

Here are five health systems that have made revenue cycle vice president hires in 2024: 

Columbus grew faster than any other city in the U.S. during the second half of 2023, and its population is expected to grow by about 50% to 2.2 million over the next 10 years, according to a recent Bank of America report. 

Bristol Health CEO Kurt Barwis says Medicare Advantage is killing the healthcare industry — but when 64% of his system's Medicare beneficiaries have MA, he has no choice but to keep contracting with plans. 

Midvale, Utah-based Highland Ridge Hospital has shared plans to close on May 7, as the psychiatric facility operates under an amended conditional license.  Jim Hess left his role as CEO of the hospital in mid-March. The hospital appointed Dania O'Connor interim CEO March 13 following his exit.

Fitch Ratings recently revised Dallas-based Tenet Healthcare's outlook from stable to positive. 

While the healthcare industry continues to deal with ongoing physician shortages and a mixture of hospital margins, many health systems are investing more into their healthcare workforce to help reduce and improve their total expenses and operating margins. 

Over the last few months, Dallas-based Steward Health Care has been subject to increased scrutiny regarding the health system's troubled finances and the status of its 33 hospitals across eight states. 

Freestanding emergency departments are becoming more prominent as health systems bolster their outpatient strategies, but emergency departments at some hospitals are disappearing.

Nurse shortages and mounting labor costs are among health system CEOs' top concerns, and a new survey puts numbers to the financial risks hospitals face from nurse vacancies and churn. 

As Medicare Advantage enrollment climbs to nearly 34 million people and the federal government implements new insurance policies, the scene has been set for tensions between hospitals and payers to intensify.

When Mike Marks steps into the role of CFO for Nashville, Tenn.-based HCA Healthcare on May 1, he will be one four finance chiefs at the 10 largest health systems in the country with less than a year on the job. 

Most health systems saw revenues grow in 2023 as patient volumes rebounded and provider productivity increased. However, expenses continued to grow at a rapid rate, outpacing revenue for many systems. 

Family Hospital at Papillion (Neb.) abruptly closed late March after its sister hospital, Family Hospital at Millard in Omaha, shut down at the end of January. Both hospitals were part of Texas-based Family Hospital Systems.

Nicklaus Children's Hospital in Miami received a $15 million gift for its cancer and blood disorders institute from South Florida philanthropists Helen and Jacob Shaham.

King of Prussia, Pa.-based Universal Health Services CEO and President Marc Miller was paid 287 times what the median employee earned in 2023, according to a proxy statement filed April 4 with the Securities and Exchange Commission.