Today's Top 20 Health Finance Articles
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VisiQuate launches tool to accelerate cash collection
VisiQuate is launching Full Score, a machine-learning model that enables revenue cycle leaders to accelerate cash collection. -
Mayo Clinic in the black, but operating income down by half in 2022
Rochester, Minn.-based Mayo Clinic saw its operating income slump by half in 2022 as it dealt with a familiar story of workforce shortages and capacity constraints in an inflationary environment. -
UPMC invests over $300M in workforce in 2022, reports almost $1B loss
Pittsburgh-based UPMC said it invested over $300 million in support of its workforce in 2022 to focus on "retention, recruitment and building a workforce pipeline." -
Dartmouth Health reducing capital spending amid $78M loss
Lebanon, N.H.-based Dartmouth Health has engaged two consulting firms to assist with its performance improvement plan and is curtailing capital spending, the system said in a Feb. 27 filing. -
'Reimbursement wars' keeping hospital execs up at night, Mercer Health CFO says
Hospitals' "reimbursement wars" with payers is one of the most pressing issues facing healthcare executives this year, Mercer Health CFO Jon Dingledine said Feb. 22 during a board of governors meeting, according to The Daily Standard. -
Viewpoint: Improved healthcare pricing transparency a must for New York City
Rising healthcare and hospital prices in New York City must be addressed by making such pricing more transparent, leading politicians in the city urged in a Feb. 26 amNY op-ed. -
Proposed $14B merger could cut services and increase prices, Minnesota nurses claim
The Minnesota Nurses Association has released a report arguing that the proposed merger between Minneapolis-based Fairview Health Services and Sioux Falls, S.D.-based Sanford Health could lead to decreased services and higher prices. -
10 providers seeking RCM talent
Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise. -
UCSD Health may help hospital 'bleeding cash'
UC San Diego Health may partner with a struggling hospital to appoint a new leadership team and oversee day-to-day management, The San Diego Union-Tribune reported Feb. 24. -
Some No Surprises Act payment determinations to resume
Certified independent dispute resolution entities can resume issuing No Surprises Act payment determinations involving out-of-network services and items furnished before Oct. 25, 2022, according to the American Hospital Association. -
Presbyterian Healthcare reports $370M loss as investments slump
Albuquerque, N.M.-based Presbyterian Healthcare Services reported an overall loss of $370.7 million in 2022 as heavy investment declines dragged down performance. That figure compared with net income of $274 million in 2021. -
California lawmaker calls for grants to help smaller hospitals stay open as they meet seismic rules
Small rural and district hospitals in California should not be closing their doors as they seek to comply with legal requirements linked to earthquake protection regulations, one state legislator said in proposing a new bill to stop such a scenario. -
UNC Health Southeastern placed on credit watch, possible downgrades ahead
UNC Health Southeastern, which is now part of the Chapel Hill, N.C.-based UNC Health system, was placed on CreditWatch with negative implications amid a lack of provided financial information, S&P Global said Feb. 23. -
U of Minnesota seeks $950M to acquire 'flagship' hospitals before merger
The University of Minnesota plans to ask state lawmakers for $950 million to acquire and pay for initial operating costs of its on-campus hospitals in Minneapolis. -
$200M fund set to boost pediatric healthcare in rural Georgia
A collaboration between Children's Healthcare of Atlanta and Macon, Ga.-based Mercer University School of Medicine aims to improve pediatric healthcare in rural Georgia. -
Blount Memorial board president tells member her position would be 'illegitimate'
As the dispute between the local mayor and the operators and board of the Maryville, Tenn.-based Blount Memorial Hospital continues, the hospital board president has written to a potential new board member to disallow her appointment, describing it as "illegitimate." -
Rural hospitals worse off in states without expanded Medicaid: Report
The median operating margin for rural hospitals is consistently higher in states that have expanded Medicaid than in states that have not, according to a Feb. 23 report from the Kaiser Family Foundation. -
RCM companies saw 'significant' private equity interest in 2022: Report
Private equity firms took a "significant interest" in revenue cycle management companies in 2022, according to a Feb. 23 report from the Private Equity Stakeholder Project. -
Downgraded Marshfield Clinic takes out $10M line of credit
Marshfield (Wis.) Clinic Health System, which recently had its credit rating downgraded, has reported taking out a $10 million line of credit. -
UofL Health maintains solid rating even as debt levels remain elevated
Louisville, Ky.-based UofL Health has had its long-term credit rating and that on a series of bonds affirmed at "BBB+" amid a strong local market share but higher-than-average debt levels, Fitch Ratings said Feb. 23.
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