Cleveland-based University Hospitals CFO Bradley Bond aims to capitalize on the health system's Epic installation by strengthening revenue capture and improving cash flow in the third and fourth quarters. 

Medicare Advantage accounted for around 1 in 4 inpatient hospitals days in 2022, according to a report from KFF published July 23. 

Medicaid has historically been HCA Healthcare's "most challenging payer" but the health system is anticipating a $200 million to $400 million boost from Medicaid supplemental payment programs in 2024, CFO Mike Marks said July 23 during the health system's second-quarter earnings call. 

Three of Dallas-based Steward Health Care's hospitals that failed to receive bids were part of a recent bankruptcy court inspection filing that found some room for patient care improvement. However, the filing also found no material issues impacting patient care that would require immediate bankruptcy court attention. 

Nashville, Tenn.-based HCA Healthcare's board of directors authorized a $0.66 per share cash dividend to be paid on Sept. 30. 

Operational experience is the top factor CFOs look for in identifying potential successors, according to Deloitte's "CFO Signals Survey 2Q 2024."

Nashville, Tenn.-based HCA Healthcare posted a net income of nearly $1.5 billion in the second quarter of 2024, up from $1.2 billion over the same period in 2023, according to the for-profit health system's July 23 finance report. 

Norman (Okla.) Regional Health System is closing its flagship Norman Regional Hospital and emergency department and relocating services to another location on July 28.

As the closure of New York City-based Mount Sinai's Beth Israel hospital remains in limbo, the health system has expressed concerns over threats to "lock up" specific Mount Sinai senior executives should the hospital close in violation of a temporary restraining order. 

Medicare Advantage provides health coverage to more than half of the nation's older adults, but some hospitals and health systems are opting to end their contracts with MA plans over administrative challenges.

It's not about independence for the sake of independence for Ken Westman, CEO of Aitkin, Minn.-based Riverwood Healthcare Center.

Fitch upgraded Omaha-based Nebraska Methodist Health System's rating to "A+" from "A."

Generative artificial intelligence adoption is the top internal concern for finance chiefs, according to Deloitte's "CFO Signals Survey 2Q 2024." 

Dallas-based Steward Health Care is canceling the auction and sale hearings for three of its 31 hospitals after receiving no qualified bids.

Nonprofit hospital expenses and revenue climbed at nearly the same rate in May, showing stability after a volatile few months to begin the year, according to Kaufman Hall's National Hospital Flash Report.

UK HealthCare has called off plans to build a community hospital in the Hamburg area of Lexington, Ky., a spokesperson for the health system confirmed to Becker's.

Greg Damron has only been in his new role as CFO of Columbia-based University of Missouri Health Care for a little over a month, but in that time, he has learned the ins and outs of the organization.

Private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice are mulling a rival bid to take over R1 RCM, Bloomberg reported July 18. 

From supply chain disruptions and market volatility to inflationary pressures and skyrocketing labor costs, Cambridge, Mass.-based Beth Israel Lahey Health CFO Cindy Rios feels there's an industrywide need to re-engineer healthcare. 

King of Prussia, Pa.-based Universal Health Services' board of directors has authorized a $0.20 per share cash dividend to be paid on September 17.