Today's Top 20 Health Finance Articles
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All Massachusetts Steward hospitals have received some form of bids, Governor says
All of Dallas-based Steward Health Care's Massachusetts hospitals have received some form of a bid, a spokesperson for Massachusetts Gov. Maura Healey confirmed with Becker's. -
Top external risks worrying CFOs
The economy is the top external risk worrying CFOs, according to Deloitte's "CFO Signals Survey 2Q 2024." -
Eliminate contract labor ASAP to improve margins, Tufts Medicine CFO says
It's been a financially challenging last few years for Burlington, Mass.-based Tufts Medicine, but the health system remains dedicated to providing strong patient care and is working diligently to get back to a healthier place. -
Turnaround strategy must be 'hardwired into our operations,' says Yale New Haven CFO
Yale New Haven (Conn.) Health is in active planning mode and strategizing about the future ahead of its new fiscal year, which begins Oct. 1, CFO Gail Kosyla told Becker's. -
How hospitals put payment disclosure data to use
In recent years, hospitals and health systems have started using a decade-old database that houses information on industry payments to physicians to ensure compliance and manage conflicts of interest, The Wall Street Journal reported July 23. -
Tenet's net income jumps 111% to $259M in Q2: 6 things to know
Dallas-based Tenet Healthcare saw a net income of $259 million in the second quarter of 2024, a nearly 111% increase from $123 million for the same quarter in 2023, according to its July financial report. -
R1 RCM committee sets bid deadline
The R1 RCM special committee has set a July 31 deadline for interested parties to submit fully-financed bids in connection with its review process. -
How University Hospitals CFO is capitalizing on Epic
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 accounts for rising share of inpatient days
Medicare Advantage accounted for around 1 in 4 inpatient hospitals days in 2022, according to a report from KFF published July 23. -
HCA expects up to $400M boost from its 'most challenging payer'
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. -
No immediate care issues found in bidless Steward hospitals: Report
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. -
HCA announces quarterly dividend
Nashville, Tenn.-based HCA Healthcare's board of directors authorized a $0.66 per share cash dividend to be paid on Sept. 30. -
What CFOs look for in a successor
Operational experience is the top factor CFOs look for in identifying potential successors, according to Deloitte's "CFO Signals Survey 2Q 2024." -
HCA posts $1.5B profit in Q2: 7 things to know
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. -
Oklahoma system to close flagship hospital, relocate services
Norman (Okla.) Regional Health System is closing its flagship Norman Regional Hospital and emergency department and relocating services to another location on July 28. -
Mount Sinai pushes back on threats to 'lock up' execs amid Beth Israel closure plans
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. -
24 health systems dropping Medicare Advantage plans | 2024
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. -
Why 19 rural hospitals see value in interdependence
It's not about independence for the sake of independence for Ken Westman, CEO of Aitkin, Minn.-based Riverwood Healthcare Center. -
Fitch upgrades Nebraska system's credit rating
Fitch upgraded Omaha-based Nebraska Methodist Health System's rating to "A+" from "A." -
The internal risks worrying CFOs
Generative artificial intelligence adoption is the top internal concern for finance chiefs, according to Deloitte's "CFO Signals Survey 2Q 2024."
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