Today's Top 20 Health Finance Articles
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Mississippi hospital finally awarded rural emergency status after hiccups
Holly Springs, Miss.-based Alliance HealthCare has finally been granted rural emergency hospital status, a potential lifeline to struggling rural hospitals, Mississippi Today reported May 9. -
Envision to file for bankruptcy
Envision Healthcare, a private equity-backed physician services company and ambulatory surgery center operator, plans to file for Chapter 11 bankruptcy as early as this weekend, The Wall Street Journal reported May 10. -
MultiPlan to acquire healthcare data and analytics firm
MultiPlan, a healthcare analytics and revenue analysis company, is acquiring Benefits Science Technologies in a $160 million deal. -
Prices cool slightly in April: 6 takeaways from CPI report
The newly released Consumer Price Index Report shows a slight decrease in prices as the Federal Reserve aims to get inflation under its 2 percent goal. -
Maine hospital to end maternity services
Northern Maine Medical Center in Fort Kent will close its obstetrics unit May 26, WAGM News reported. -
6 health systems seeking revenue cycle vice presidents
Six health systems recently posted job listings seeking revenue cycle vice presidents. -
Remaining Cano Health directors fully support company strategy, CEO says
The current board members of value-based care provider Cano Health are "fully aligned" with the company's strategic goals going forward, said CEO Marlow Hernandez, DO. -
5th hospital quits Mississippi Hospital Association
Forrest General Hospital in Hattiesburg, Miss., has followed four other hospitals in leaving the Mississippi Hospital Association over leadership concerns, according to the Magnolia Tribune. -
ProMedica deals with credit downgrade amid 'precarious' financial state
Toledo, Ohio-based ProMedica has had its ratings on various bonds and its default grade downgraded to "BB-" from "BB+," Fitch Ratings said May 9. -
Aspirion taps chief strategy officer
Tech-enabled revenue cycle management company Aspirion has named Jim Bohnsack to the newly created role of chief strategy officer. -
Troubled Cano Health records $60.6M loss in Q1
Miami-based Cano Health, a value-based care provider, reported a $60.6 million net loss for the first quarter 2023 on increased revenue of $866.9 million. -
Hospitalizations cost patients at least 60% more in January than December, study finds
The month a patient is hospitalized can have a big effect on how high their bill will be, a study published May 5 in JAMA Health Forum found. -
Baptist Health Care back in the black as operating income improves
Pensacola, Fla.-based Baptist Health Care has reported first-quarter positive operating income of $1.4 million on $211.2 million of revenue. -
Hospital and health systems' volatile capital plans will place burden on device manufacturers: Report
Volatile hospital spending plans will affect medical equipment manufacturers amid continuing economic pressures, Moody's said in a May 8 research note. -
Jefferson to sell certain laboratory assets to Labcorp
Philadelphia-based Jefferson Health is offloading select assets of its outreach laboratory services to Labcorp, but will continue to own and operate its existing hospital labs for outpatient and inpatient services. -
VCU Health pays $72.9M to exit 25-year lease for hospital project
Richmond, Va.-based VCU Health has paid $72.9 million to back out of its 25-year lease agreement for a downtown hospital project, which effectively died in February, Richmond Biz Sense reported May 5. -
IU Health acquires physician group
Fort Wayne (Ind.) Neurological Center has agreed to join Indianapolis-based Indiana University Health. -
Wellstar Health sees $107M operating improvement in Q1 as AU Health merger approaches
Atlanta-based Wellstar Health System reported a $135.8 million operating income for the nine months ended March 31 on $3.6 billion of revenue. -
How much out-of-pocket COVID-19 PCR testing could cost, state by state
Patients could be facing higher costs for COVID-19 tests when the public health emergency ends on May 11. -
Corporate giants ramp up primary care deals
Primary care physicians see vast numbers of patients each year and offer significant market expansion opportunities, one of the key reasons why big payers, tech companies and other corporate giants are ramping up acquisitions of physician groups, The New York Times reported May 8.
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