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. 
  • Hospital Operations Virtual Summit

    Financial pressure means hospitals need to do more with less. Attend this virtual summit to learn how you can drive revenue and improve operations through AI and analytics tools.
  • 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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