Today's Top 20 Health Finance Articles
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New York system restructures workforce
Rome (N.Y.) Health Rome Health said it has "made the difficult decision" to restructure its workforce to close its budget gap. -
Proposed No Surprises Act changes fall short, hospital group says
The Washington State Hospital Association said that while many of the proposed changes to the federal No Surprises Act have value, they do not not address continuing major issues with the independent dispute resolution process. -
Optimizing the revenue cycle through automation: 4 takeaways from RCM experts
In a panel discussion at the 8th Annual Becker's Health IT + Digital Health + RCM Meeting about revenue cycle analytics and automation, Carey Tindera and April Harris, both senior directors at Huron, emphasized the importance of a data-driven culture, robust analytics and the optimization of current technologies. -
Hospitals need 'relentless expense management' to boost margins
Health insurers will raise rates next year, predicts Moody's Investor Services, but hospitals will still need to focus on tight cost controls as inflation remains high. -
Fairview layoffs reach chaplains
Fairview Health Services' decision to eliminate hundreds of positions includes cuts to onsite chaplain services, the Star Tribune reported Nov. 9. -
New York system fined $925K over bed closures
State officials have fined Rochester (N.Y.) Regional Health $925,000 claiming it failed to comply with an executive order requiring hospitals to reopen hundreds of psychiatric beds that shut down during the pandemic, Politico reported Nov. 9. -
ECU Health's CFO on embracing 'building a new plane while we're in the air'
The last year has been a bit of a blur for Andy Zukowski, who started his role as CFO of Greensville, N.C.-based ECU Health on Nov. 28. -
Is it time to move on in a 'post-pandemic' 4th quarter?
Most health systems and their executives continue to look, publicly at least, at an uncertain future persistently clouded by the lingering effects of the pandemic. -
Soon-to-merge Parkview Health reports $7.2M Q3 loss
Pueblo, Colo.-based Parkview Health, which has agreed to merge with Aurora, Colo.-based UCHealth, has reported a net loss of $7.2 million in the third quarter. -
ChristianaCare reports $44M Q3 operating income
Wilmington, Del.-based ChristianaCare has reported $44.1 million in operating income on revenue of $744.3 million in the third quarter. The figures equate to a 5.9% operating margin. -
Atlanta officials work toward plan for shuttered hospital
Atlanta plans to study future uses for Atlanta Medical Center more than a year after it closed, Atlanta Business Chronicle reported Nov. 8. -
Where RCM leaders' sights are set for automation: KLAS
Autonomous coding is the most common area where revenue cycle leaders are planning to invest in automation in the next 12 to 24 months, according to a Nov. 7 report from KLAS. -
HCA targets up to 6% EBITDA growth in 2024
Nashville, Tenn.-based HCA Healthcare said it is targeting adjusted EBITDA growth of between 4% and 6% over the next five years, with such figures expected to start in 2024. -
Oroville Hospital requests multiple waivers as capital project nears completion
Orovillle (Calif.) Hospital, which is nearing the completion of a controversial $178 million capital project, is requesting four separate waivers as it struggles to maintain certain debt obligations, according to a Nov. 7 filing. -
Uncompensated care to be fully funded by operating revenues, Florida CFO says
Hollywood, Fla.-based Memorial Healthcare System will be fully funding its uncompensated care from its operating revenues in fiscal 2024, its CFO told Becker's. -
Partners are the 'wave of the future,' says U of Iowa Heath Care CFO
University of Iowa Health Care CFO Mark Henrichs is focused on sustainable growth and efficiency benchmarking. -
7 Optum-owned clinics shuttered in Florida, Minnesota
Seven MedExpress Urgent Care clinics have closed their doors in Florida and Minnesota. -
States ranked by annual Medicaid DSH payments
New York spends the most on Medicaid disproportionate share hospital payments annually, according to data published in November by KFF. -
Hospital cash flow, margins to surge in 2024: Moody's
The median operating cash flow and margins are expected to improve next year for most nonprofit hospitals, according to a Nov. 7 report from Moody's Investor Services. -
When health system mergers fall through
Central New Jersey is a big pond, and Saint Peter's Healthcare System is not exactly a big fish.
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