Today's Top 20 Health Finance Articles
  • ProMedica to lay off 200 employees after health plan loses contract

    Toledo, Ohio-based ProMedica's health plan, Paramount, is laying off about 200 employees after losing a Medicaid contract, according to WTVG.
  • Advocate Aurora's net income more than triples to $1.8B

    Advocate Aurora Health saw its revenue, operating margin and net income increase in 2021, according to financial documents released March 21.
  • HHS to disburse $413M in relief payments: Breakdown by state

    HHS will distribute more than $413 million in provider relief fund payments to more than 3,600 providers in the U.S.
  • The effects of rural hospital closures: 4 things to know

    Rural hospital closures have negative effects on the local economy, especially following prospective payment system hospital closures, according to a study published March 21 in Health Services Research.
  • Medical debt by the numbers: 6 stats

    Medical debt burdens many Americans and disproportionately hurts Black Americans, according to several studies, surveys and reports Becker's has covered in March.
  • Inflation top of mind for 3 hospital CFOs

    Inflation, care transformation and workforce shortages are of high importance for three hospital CFOs, they said on recent episodes of the "Becker's Healthcare Podcast."
  • 10 hospitals seeking RCM talent

    Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.
  • 3 health systems that recorded annual operating losses

    Despite seeing stable or higher revenue year over year, several health systems that recorded results in March ended 2021 with significant operating losses. 
  • As possibility of 4th doses looms, White House says it has no money for them

    Federal regulators and health officials are due to assess the need for fourth COVID-19 vaccine doses, which the Biden administration currently lacks the funds to purchase for everyone, the Washington Post reports. 
  • The top issues keeping revenue cycle leaders up at night

    Managing the hospital revenue cycle has become increasingly complex for myriad reasons, including the shift to value-based care models, dwindling reimbursement and talent shortages. 
  • In-home care lowers costs for patients

    A healthcare trend to offer in-home care, which provides urgent medical care in patient homes and saves emergency room costs, is picking up speed.
  • 10 hospitals seeking CFOs

    Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.
  • Charges for rape kit services: 3 things to know

    Although the federal Violence Against Women Act is supposed to guarantee sexual violence survivors free coverage of forensic exams taken to collect evidence for a rape kit, some women are still being charged, a March 18 report by the Kaiser Family Foundation found.
  • Medical debt disproportionately affects Black Americans: 4 things to know

    Race plays a major role in who is burdened with medical debt, with 27.9 percent of Black households carrying medical debt compared to 17.2 percent of white non-Hispanic households, a March National Consumer Law Center report found.
  • Firms to remove 70% of medical debt from consumers' credit reports

    The three biggest reporting firms will remove nearly 70 percent of medical debt in collections accounts from credit reports starting in July.
  • Some COVID-19 survivors incur significant costs for postdischarge care, study finds

    While most patients hospitalized for COVID-19 don't experience financial distress for postdischarge care, a "sizable minority" have a significant amount out-of-pocket spending for this care, according to a study published in the American Journal of Managed Care March 16.
  • Banner Health's operating income slides 59% in 2021

    Phoenix-based Banner Health reported a $750.2 million net income in 2021, a 27.8 percent increase from 2020 at $586.7 million, according to its financial report published March 16.
  • Montefiore posts $316.9M net loss, launches $500M cost savings plan

    New York City-based Montefiore Health System reported a $316.9 million net loss in 2021, compared to a $42.7 million loss in 2020, according to its financial report posted March 16.
  • 9 most in-demand revenue cycle roles in healthcare

    Hospital staffing shortages extend further than just clinical healthcare, affecting revenue cycle workers too. Registrars and billing specialists are the most in-demand jobs in healthcare revenue cycle, according to a survey of 411 hospital and health system CFOs and revenue cycle leaders.
  • The meltdown of COVID-19 relief funds: 6 things to know

    President Joe Biden signed into law March 15 a sweeping $1.5 trillion bill that funds the government through September. However, the bill does not include COVID-19 funding the White House had asked Congress for. 

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