Pinnacle Regional Hospital in Boonville, Mo., closed Jan. 15 with little notice to employees or the local community. It's one of several rural hospitals in Missouri that have shut down in recent years.

The average adjusted expenses per inpatient day for nonprofit hospitals in the U.S. was $2,653 in 2018. In three states, those expenses were more than $1,000 higher.

A hospital in Texas that is in court-ordered arbitration with Blue Cross Blue Shield of Texas said a recent fine placed against the insurer should spark a broader review of BCBS' practices.

CMS has released several fact sheets in recent weeks on billing and coding to provide guidance to healthcare organizations testing and treating patients for COVID-19, the disease caused by the novel coronavirus.

The following seven hospital and health system credit rating downgrades occurred since Jan. 1. They are listed below in alphabetical order.

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

Henry Ford Health System got its biggest single donation from an individual in its 105-year history, the Detroit-based health system said March 10.

The American Medical Association is expediting the creation of a Current Procedural Terminology code for reporting tests for COVID-19, the disease caused by the novel coronavirus.

Nashville-based HCA Healthcare plans to donate up to $1 million to aid relief efforts after deadly tornadoes hit Middle Tennessee earlier this month. 

Hospitals in Arizona that bill the state's Medicaid program will violate federal law if they balance-bill patients for any unpaid treatment, the Arizona Supreme Court ruled March 9.

Fairview Health Services in Minneapolis is seeking a partnership to help keep its hospital in neighboring St. Paul from closing, according to the Star Tribune.

The stock market continues to be rattled by the coronavirus outbreak, and one investment adviser is warning that if the outbreak continues there will be a big impact on the global economy, according to Yahoo Finance. 

Value-based care initiatives account for only a quarter of hospitals' revenue, according to a recent survey of healthcare executives.

Livonia, Mich.-based Trinity Health recorded higher revenue and net income in the first half of fiscal year 2020 than in the same period a year earlier, according to unaudited financial documents released March 6.

From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to close.

Richmond, Va.-based VCU Health is taking several steps to overhaul its collection practices, including halting seizure of patients' wages and removing liens on patients' homes, according to the Richmond Times-Dispatch.

Stafford, Texas-based MedCare Pediatric Group and its affiliates filed for Chapter 11 bankruptcy protection on March 1, according to the Houston Business Journal.

Renton, Wash.-based Providence posted a net income of $1.36 billion in 2019, compared to a deficit of $445 million in 2018, according to recently released financial documents.

Citing years of financial woes, county officials voted to close Parson, Tenn.-based Decatur County General last week, according to The Jackson Sun.

HCA Healthcare is responding to concerns about its management of Asheville, N.C.-based Mission Health, reports Carolina Public Press.