Today's Top 20 Health Finance Articles
  • Tenet to sell $2B in senior secured notes

    Dallas-based Tenet Healthcare is selling $2 billion in senior secured first lien notes due on June 15, 2030, which will have an interest rate of 6.125 percent.
  • Vanderbilt University Medical Center gets $10M gift for innovation center 

    Nashville, Tenn.-based Vanderbilt University Medical Center received a $10 million gift from the Brock family, including John F. Brock III, his wife, Mary, and their three children, to establish a new innovation center May 31. 
  • Early pandemic loans adding to hospital financial woes

    The bill is coming due for federal loans given to hospitals early in the COVID-19 pandemic, adding to their financial woes, Oregon Public Broadcasting reported May 28. 
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  • 10 hospitals laying off workers

    Several hospitals are trimming their workforces due to financial and operational challenges, and some are offering affected workers new positions.
  • Ascension Wisconsin hospitals to raise prices 4.6%

    Ascension Wisconsin is increasing list prices for room and board at its southeast Wisconsin hospitals an average of 4.6 percent beginning July 1, according to the Milwaukee Business Journal. 
  • Highmark reports operating gain of $100M, net loss of $150M

    Pittsburgh-based Highmark Health posted an operating gain of $100 million for the three months ended March 31, according to its financial results released May 31.
  • 10 health systems, hospitals seeking philanthropy leaders

    Several hospitals and health systems have open positions for philanthropy talent. Here are 10 of them: 
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • CVS fails to derail Vermont law covering specialty medications

    CVS Health failed to stop a new Vermont law that it says could cost patients hundreds of dollars a year by giving the University of Vermont Health Network an advantage over mail-order pharmacies that can fill specialty prescriptions cheaper.
  • Hospital revenues plummet

    Following a brief rebound in March, hospitals and health systems saw significant decreases in revenue in April, according to a May 31 Kaufman Hall report. 
  • 10 hospitals seeking RCM talent

    10 hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • Borrego Health to lay off 218 workers in California

    Borrego Health is making changes to its administrative and clinical teams and laying off 218 employees, the Borrego Springs, Calif.-based federally qualified health center announced May 25. 
  • Notre Dame receives $20M gift for precision health institute

    The University of Notre Dame has received a $20 million gift to endow the newly created Berthiaume Institute for Precision Health.
  • E-cigarette use linked to $15B in healthcare spending, study finds

    Adult e-cigarette use is associated with substantially higher rates of healthcare utilization and led to $15.1 billion in healthcare spending in 2018, according to a study published May 23 in Tobacco Control.
  • Soaring labor costs 'No. 1 thing' keeping Temple Health CFO up at night

    Temple Health CFO Nicholas Barcellona said rising salary and benefit expenses are "probably the No. 1 thing that is keeping me up at night," the Philadelphia Inquirer reported May 27. 
  • UPMC's big losses in Q1: 6 things to know

    The University of Pittsburgh Medical Center recorded a decline in operating income of over 80 percent, and the system lost over $240 million in investing and financing during the first quarter, according to the company's earnings report released May 26.
  • California hospital closes

    Patients' Hospital of Redding (Calif.) closed May 27 after 30 years, according to KRCR. 
  • Cleveland Clinic reports $282M quarterly loss

    Cleveland Clinic ended the first three months of this year with higher revenue, but rising expenses offset those gains, according to financial documents released May 26. 
  • Oregon hospital to close behavioral health unit, lay off 56 temporary employees

    Coos Bay, Ore.-based Bay Area Hospital will close its inpatient behavioral health unit and cancel the contracts of 56 temporary employees in response to financial challenges from COVID-19 and high labor costs.
  • HHS urged not to 'abruptly curtail' COVID-19 waivers

    Hospital groups in Oregon and Washington wrote HHS Director Xavier Becerra May 23, urging him not to abruptly end COVID-19-related waivers and regulatory flexibilities when the public health emergency ends.   

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