Today's Top 20 Health Finance Articles
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Ventra Health acquires Philippines-based RCM company
Ventra Health has acquired Deras Global Services, a Philippines-based revenue cycle management services provider for hospital-based physician specialties. -
Idaho's Kootenai Health advances nonprofit conversion with white paper
Coeur d'Alene, Idaho-based Kootenai Health has taken another step forward in its proposal to convert from a public health system to a private nonprofit entity. -
71% of consumers say inflation affects healthcare decisions, according to survey
A survey of 1,006 consumers from healthcare fintech company AccessOne found that 71 percent of consumers say inflation has affected healthcare purchasing decisions. -
AGS Health acquires patient access outsourcing business
Revenue cycle management company AGS Health has acquired the India-based patient access outsourcing business of healthcare technology company Availity. -
Georgia bill to replace certificate of need advances
The debate over certificate of need requirements for hospitals and health centers in Georgia continues after lawmakers advanced a tweaked proposal for a less restrictive license, according to a Feb. 21 report in The Georgia Sun. -
'Now is not the time to upend healthcare labor markets:' AHA wants FTC noncompete proposal scrapped
The American Hospital Association has called on the Federal Trade Commission to withdraw its proposed rule to ban noncompete agreements, which prevent employees from leaving for a rival or starting a competing business for a period of time after their employment ends. -
CMS has issued almost 500 warnings for price transparency noncompliance
CMS has issued nearly 500 warnings and 230 requests for corrective action to hospitals not complying with price transparency laws as of January 2023, two of the agency's leaders wrote in Health Affairs. -
Two-thirds of Maine hospitals reported negative operating margins in 1st half of 2022
Two-thirds of Maine hospitals reported negative operating margins in the first half of 2022 as inflation and staffing shortages pushed margins into the red, Maine Public Radio reported Feb. 21. -
OhioHealth hospital ending maternity services
OhioHealth's Shelby Hospital will no longer provide maternity services from 11:59 p.m on Feb. 28, according to local news outlet Richland Source. -
Trinity Michigan hospital temporarily closes floor, cites workers shortages
Trinity Health Muskegon (Mich.) plans to temporarily close a 30-bed surgical floor due to staffing shortages, Fox affiliate WXMI reported Feb. 21. -
Texas hospital cutting almost half its staff, several services
St. Mark's Medical Center in La Grange, Texas, is cutting nearly half its staff and various services as it looks to survive amid significant financial challenges. -
14 health systems with strong finances
Here are 14 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings, Moody's Investors Service and S&P Global. -
Justice Department, Community Health Network grapple over false claims allegations
Indianapolis-based Community Health Network is pushing back against the Justice Department's questions related to yearslong false claims allegations, Inside Indiana Business reported Feb. 20. -
NYC Health + Hospitals enjoys credit rating upgrade on bonds
NYC Health + Hospitals, the largest municipal health system in the country, was upgraded on the long-term credit rating of outstanding bonds, the system said in a filing Feb. 21. -
CMS now accepting applications for extended bundled payment program
CMS began accepting applications Feb. 21 for its Bundled Payments for Care Improvement Advanced model. -
Northwell Health's 'aggressive' outpatient expansion increasing market share, CEO says
New Hyde Park, N.Y.-based Northwell Health is aggressively expanding its outpatient portfolio to meet patients closer to home and increase its market share, president and CEO Michael Dowling told Becker's Hospital Review. -
CHS board approves salary and compensation increases for top executives
Top executives at Franklin, Tenn.-based Community Health Systems are to receive increased base salaries and overall compensation incentives in 2023 after the for-profit health system's board approved such moves in a filing dated Feb. 17. -
Labor costs continue to rise amid ongoing staff shortages: 8 things to know
Staffing shortages are causing high turnovers, employee burnout and wage pressure at health systems, and have driven up the cost of labor, increased competition for talent and forced hospitals to consider the links between workforce design, talent, compensation and performance management, according to a Feb. 21 report published by consulting firm SullivanCotter. -
Already struggling rural hospitals prepare for the burden of Medicaid changes
The threat of losing reimbursements because of upcoming changes in federal government policy is yet another burden for already struggling rural hospitals, according to a Feb. 21 New Hampshire Bulletin report. -
Threatened Mississippi hospital hopeful of increased federal funds as it files for critical access designation
Cash-strapped Greenwood (Miss.) Leflore Hospital is due to file for critical access designation within the next few days, the hospital's CEO told Becker's Healthcare.
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