Today's Top 20 Health Finance Articles
  • Cleveland Clinic: 7 recent headlines

    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.
  • 56 hospitals closing departments or ending services

    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.
  • Health systems investing heavily in ASCs

    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. 
  • Becker's Health IT + Digital Health + Revenue Cycle Live Conference

    From cybersecurity to AI, consumerism & health equity — 240+ speakers at Becker's Health IT + Digital Health + RCM meeting will show how (and when) tech is the silver bullet. Join us this fall.
  • Mercy posts $104M net gain on $8B revenue

    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.
  • Tenet, HCA, CHS and UHS ranked by Q2 margins

    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. 
  • Bankrupt California hospital to sell off farmland to draw down debt

    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.
  • UVM Medical Center budget proposal struck down

    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.
  • The RCM trifecta: Offset workforce challenges, improve staff satisfaction and boost revenue

    RCM leaders on the biggest untapped opportunities for automation — join the live discussion here.
  • The RCM processes getting regularly backlogged

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

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • Ascension reports $3B annual operating loss

    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.
  • States with the lowest, highest final claims denial rates

    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.
  • Tufts Medicine downgraded 2 notches as operating losses continue

    "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.
  • Georgia system's finances getting better, board member says

    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. 
  • Mount Sinai to close Beth Israel campus in New York

    New York City-based Mount Sinai Health is to close its Beth Israel campus in the city "after years of agonizing debate and analysis" and could open a smaller facility downtown in the future.
  • Physicians want higher pay in service line agreements

    Physicians have seen reimbursement fall over the last few years and are looking for additional compensation from hospitals in service line agreements and call coverage contracts as a result, according to the VMG Health 2023 Physician Alignment: Tips and Trends Report.
  • AMA posts CPT 2024 code set

    The American Medical Association released updates Sept. 8 to its Current Procedural Terminology code set for 2024.
  • The profitability drivers CFOs are overlooking

    Cost reduction is a leading priority for health system CFOs — in fact, it is the top area CEOs have asked them to focus on, according to a survey from Deloitte. 
  • Healthcare CFOs' No. 1 concern

    Health plan and health system CFOs point to the current economic situation when asked to identify their top concern, according to a Sept. 14 survey from Deloitte. 
  • Without a cash infusion, this Pennsylvania hospital's future is uncertain, CEO says

    Bucktail (Pa.) Medical Center CEO Tim Reeves told Becker's that a cash infusion is "really necessary" to ensure that the hospital can continue to pay its vendors and keep its doors open.
  • 17 profitable health systems in Q2

    Many hospitals and healthcare systems have reported quarterly and first half financial results within the past several weeks. Here are 17 systems that have reported profitable results both in terms of operating income and, in some cases, net income.

Featured Whitepapers

Featured Webinars

Top 40 Articles from the Past 6 Months