Fort Lauderdale, Fla.-based Broward Health saw its revenue bond rating raised to "Baa1" from "Baa2" by Moody's.

New York City-based Mount Sinai's operating income for the first six months of 2023 fell 14.3 percent year over year to $87.2 million, but the system is focusing on various initiatives to end the year with a projected net operating surplus of $153.1 million, according to recently released financial documents. 

More than 250 hospitals and health systems are urging Congress to halt the $8 billion reduction to Medicaid disproportionate share hospital funding, set to begin Oct. 1.

Chicago-based home health provider Help at Home will lay off 785 workers in Alabama as it plans to leave the state, laying blame on the state's inaction to expand Medicaid, al.com reported Sept. 15. 

Hospitals had a challenging financial year in 2022 as expenses skyrocketed without a similar lift in revenue and reimbursement. But there are signs of improvement through the first half of 2023.

After CMS declined to make Greenwood (Miss.) Leflore Hospital a critical access hospital, officals say they have enough cash to pay employees through the end of the month, but beyond that is uncertain, Mississippi Today reported Sept. 15.

You might pay $228.90 for an MRI leg scan as a Medicare patient in North Carolina, or you might pay over $3,000 at more expensive hospitals. Knee replacements can be double the median cost at some hospitals.

Cleveland Clinic has hit the headlines recently with a string of announcements that include several changes in the executive suite, the opening of a new hospital and international expansion. Here are more details on those stories featuring the 23-hospital system.

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.

Many large health systems are forming strategic partnerships and joint ventures for the development or management of ambulatory surgery centers as care continues to shift from inpatient to outpatient settings. 

Chesterfield, Mo.-based Mercy, which operates 44 hospitals, has reported net income of $104.4 million for the fiscal year ending June 30 versus an almost $300 million net loss in the same period last year.

Four of the largest for-profit health systems in the country ended the second quarter with healthy operating margins, building on first-quarter performances as patient volumes rebound and spending on high-cost contract labor declined. 

Shuttered Madera Community Hospital is attempting to sell off a 35.6-acre parcel of farmland to reduce some of its debt, according to a Sept. 15 Fresnoland report.

Burlington-based the University of Vermont Medical Center has had its plans for a 10 percent increase of commercial insurance rates struck down, according to a Sept. 14 WCAX report.

Claims submission is the revenue cycle management stage where providers are most frequently seeing backlogs, according to a Sept. 14 report from Plutus Health. 

Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

St.Louis-based Ascension, one of the largest health systems in the country, has reported a full-year operating loss of $3 billion on revenue of $28.35 billion, compared with an $879.2 million loss on $27.98 billion in revenue last year, according to recently released financial documents.

The weighted average final claims denial rate for the five best-performing states was 1 percent through the first six months of 2023 compared to 7 percent for the bottom five, according to a report published Sept. 11 by Crowe, a public accounting, consulting and technology firm.

"Significantly elevated" operating losses at Burlington, Mass.-based Tufts Medicine have resulted in the system having credit ratings downgraded two notches to "BBB-" from "BBB+," S&P Global said Sept. 14.

Atlanta-based Grady Health System's finances are improving despite the added strain resulting from the closure of the city's only other safety-net hospital, the Atlanta Business Chronicle reported Sept. 13.