Sanford Health's net income fell to $205.5 million in the nine months ending Sept. 30, a 6 percent decrease from 2020, according to its quarterly financial report.

A Chester County judge denied West Reading, Pa.-based Tower Health's bid to get property tax exemptions for three of its Pennsylvania hospitals, the Philadelphia Inquirer reported Oct. 19.

Ensemble Health Partners, a revenue cycle management firm, set terms Oct. 19 for its initial public offering. 

Outdated billing practices, particularly in hospitals and physician offices, are causing some issues for debt collection firms as they revamp their consumer communication practices as required by law, Bloomberg Law reported Oct. 19. 

Americans who are hospitalized with COVID-19 in 2021 may have to pay thousands of dollars in medical bills as insurers lift waivers, according to a University of Michigan analysis published in JAMA Network Open on Oct. 18.

Moody's Investors Service reported Oct. 12 that it downgraded Buffalo, N.Y.-based Catholic Health's rating to "Ba2" from "Baa2" because of its financial problems from the pandemic, labor costs and its ongoing nurses strike, giving them a negative outlook.

A major problem for hospitals and health systems is revenue leakage, which has been exacerbated during the pandemic.

​​Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

A company that provides healthcare services to elderly patients in several states is facing a proposed securities class action alleging the Denver-based organization omitted key pieces of information from its initial public offering, resulting in its share price falling after Medicare admissions to one of its centers were banned, according to Law360. 

Despite efforts by hospitals and health systems, the COVID-19 pandemic is still damaging their improvement efforts, showing a need for major changes in operations, according to Kaufman Hall's 2021 Healthcare Performance Improvement Report Oct. 18.

Cape Cod Hospital received its biggest donation in history of $10 million from the Edwin Barbey Charitable Trust, which will go toward a new four-story tower for cancer and cardiology services, the Cape Cod Times reported Oct. 15.

Today's patients are looking for consumer-centric ways to pay for healthcare, including flexible financing options.

The COVID-19 pandemic wore down registered nurses, causing many to leave and retire early, leaving vacant spots in hospitals. Due to this, hospitals have been paying astronomical prices in turnover costs, according to the "2021 NSI National Health Care Retention & RN Staffing Report."

CMS sent 32 hospitals requests for a corrective action plan after they still were not in compliance with the price disclosure rule, an agency spokesperson told Becker's Hospital Review on Oct. 14. 

Eastern Connecticut Health Network in Manchester is seeking approval to consolidate two of its hospitals under a single license to save money and streamline administrative processes, according to The Journal Inquirer.

Hospitals in Illinois, New Hampshire and Texas filed for bankruptcy protection in the past year. 

The FDA released new voluntary sodium targets for commercially processed foods Oct. 13, a move the American Heart Association applauded and said could save the healthcare industry $40 billion.

A California bill signed into law this month imposes new limitations on hospital debt collection practices and changes charity care eligibility.

Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.

AMGA is calling on Congress to delay 10 percent cuts to Medicare, citing its recent survey that found health systems would have to make tough decisions like layoffs and hiring freezes.