Today's Top 20 Health Finance Stories
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Moody's upgrades Gainesville Hospital District rating to 'Ba1'
Moody's Investors Service upgraded Gainesville (Texas) Hospital District issuer and general obligation limited tax debt ratings from "Ba2" to "Ba1." - 11/27/18 -
Maine Medical Center gets $4M from L.L. Bean family
Portland-based Maine Medical Center received a $4 million donation from the family of the late L.L. Bean Chairman Emeritus Leon Gorman. - 11/27/18 -
Physician viewpoint: 6 ways to smooth the value-based care transition
As physicians adjust to reimbursement reforms and work to promote patients' overall wellness, health systems should consider several key points to develop successful value-based care models, a physician wrote in a STAT op-ed. - 11/27/18 -
RCM tip of the day: Focus on the patient's perspective
In today's healthcare environment, it is more crucial than ever that hospitals keep the patient's viewpoint in mind, said Deborah VanCleave, vice president of revenue cycle at St. Joseph, Mo.-based Mosaic Life Care. - 11/27/18 -
Washington insurance commissioner intervenes in family’s $96K medical bill
A Washington state woman facing tens of thousands of dollars in out-of-pocket costs for her son's medical emergency has caught the attention of the state's insurance commissioner, according to a KGW report. - 11/27/18 -
Online library helps providers discuss care costs with patients
An advocacy group for hospitals and health systems has published an online library to help its members and clinicians discuss care costs with patients, including those who are disproportionately poor. - 11/27/18 -
Hospitals join Giving Tuesday movement
Hospitals and health systems across the nation are amplifying year-end fundraising efforts by joining the Giving Tuesday movement, which has celebrated ways to give back after Black Friday and Cyber Monday since 2012. - 11/27/18 -
Kaiser's net income dips 23% in first 9 months of 2018
Oakland, Calif.-based Kaiser Permanente reported higher revenue for its nonprofit hospital and health plan units in the first nine months of this year, but the system ended the period with lower net income. - 11/26/18 -
Philadelphia wants health systems to buy local, help create jobs
The Economy League of Greater Philadelphia and the city of Philadelphia, have introduced an effort to spur local purchasing by city universities and health systems, according to The Philadelphia Inquirer. - 11/26/18 -
Patients frustrated by higher-than-expected lab bills: 5 things to know
Patients are grappling with unexpected lab bills that can occur when tests are performed by out-of-network lab facilities, according to a Bloomberg report. - 11/26/18 -
Prescribing patient engagement (to save money and lives): Part two
A recent blog post by VisitPay discusses part two of this series - 'the how' to prescribing patient engagement. - 11/26/18 -
New York hospital CEO says proposed state mandates could cost his facility over $10M annually
Charles Gijanto, interim CEO of Massena (N.Y.) Memorial Hospital, said the staffing ratio and "Medicare for All" bills proposed by state lawmakers could affect his hospital's bottom line by upward of $10 million, according to the Watertown Daily Times. - 11/26/18 -
Moody's downgrades Monroe County Health Care Authority rating to 'Ba1'
Moody's Investors Service downgraded Monroe County (Ala.) Health Care Authority's rating from "A3" to "Ba1," affecting $3.6 million in general obligation limited tax bonds. - 11/26/18 -
For-profit hospital stock report: Week of Nov. 19-23
Four major for-profit hospital operators saw their stock prices fall last week. - 11/26/18 -
Michigan hospital rejects woman's heart transplant, recommends she raise $10K
After rejecting a 60-year-old woman's request for a heart transplant for lack of "a more secure financial plan," Grand Rapids, Mich.-based Spectrum Health recommended that she start a $10,000 fundraiser to come up with the money, according to a Detroit Free Press report. - 11/26/18 -
Vanderbilt University Medical Center's finances bounce back after EMR launch
Nashville, Tenn.-based Vanderbilt University Medical Center reported higher revenue and operating income in the first quarter of its fiscal 2019 than in the same period of the year prior, according to recently released bondholder documents. - 11/26/18 -
Osler Health Co-founder, CEO James Doulgeris: 4 key suggestions for health system improvement
Osler Health co-founder CEO James Doulgeris shared key insights on how health systems can improve operations and engage patients at Becker's Hospital Review Annual CEO + CFO Roundtable in Chicago, Nov. 12-14. - 11/21/18 -
Key insights on budgeting for operations and capital from 3 experts
With rapid consolidation in the healthcare arena, hospital and health system executives rely on strategic budgeting and lessons learned from other industries to make the right moves for survival and growth. - 11/21/18 -
Michigan system seeks $63M in bonds for improvements, debt refinancing
Traverse City, Mich.-based Munson Healthcare seeks to secure up to $63 million in revenue and refunding bonds to make improvements to system facilities and refinance debt, according to the Traverse City Record-Eagle. - 11/21/18 -
Moody's affirms 'A2' rating for MedStar Health
Moody's Investors Service affirmed its "A2" rating on Columbia, Md.-based MedStar Health, affecting $1.4 billion of debt. - 11/21/18