Today's Top 20 Health Finance Articles
  • Montefiore climbs out of the red

    New York City-based Montefiore Health System reported an operating gain of $93.9 million in 2023, up from an operating loss of $98.5 million in 2022, according to its financial report released March 15. 
  • 94% of hospitals take financial hit from Change hack: AHA survey

    A survey from the American Hospital Association found that 94% of hospitals have felt financial impact from the Change Healthcare cyberattacks and over half have reported a "significant or serious" impact.
  • Florida hospitals could see $1.3B monthly cash impact over Change hack

    A survey from the Florida Hospital Association found 106 state hospitals affected by the Change Healthcare cyberattack are anticipated to see $1.3 billion in monthly cash impact.
  • 6 steps for ASCs to collect patient payments earlier + faster

    The earlier ASCs collect patient payments, the better. Learn how to collect patient payments earlier + faster in 6 steps here.
  • MACPAC report takes aim at Medicaid MCO denials, appeals

    The monitoring and oversight in denials and appeals in Medicaid managed care was a core focus of the Medicaid and CHIP Payment and Access Commission's March 15 report to Congress. 
  • What a Steward closure could mean for the Massachusetts nursing workforce

    Healthcare leaders are addressing ongoing concerns over the future of Dallas-based Steward Health Care's nine Massachusetts hospitals, their patients, employees and trainees as the health system continues to battle financial challenges. 
  • Hospital CFOs choose optimism

    Hospital CFOs are optimistic about the future despite clear challenges and continued high costs, according to a report from Strata Decision Technology.
  • Pennsylvania hospital to close long-term care facility

    Renovo, Pa.-based Bucktail Medical Center is closing its long-term care facility May 14.
  • Simplify the complexity of Medicare claims

    Minutes turn into hours while managing Medicare claims. Learn how to simplify the process by automating your billing management here.
  • Healthcare leaders' largest unforeseen costs

    Contract labor remained the top unforeseen cost for healthcare financial leaders for the second year in a row even after many were able to scale back in the wake of pandemic-related spikes, according to a March 13 report from Strata Decision Technology. 
  • Mercy CFO: Medicare Advantage is a good model 'when structured appropriately'

    Medicare Advantage provides coverage to more than 51% of the nation's seniors, but many hospitals and health systems are pushing back against commercial programs, with some dropping contracts with private plans altogether.
  • Henry Ford posts $80M operating gain, 1% margin

    Detroit-based Henry Ford Health reported $80.5 million in operating income (1% margin) in 2023, a substantial improvement on the $138,000 gain (0% margin) reported in the previous year, according to financial documents published March 13. 
  • 'Join us': Steward CEO invited to testify at Boston field hearing

    U.S. Sen. Ed Markey has invited Dallas-based Steward Health Care CEO Ralph de la Torre, MD, to testify at an April 3 field hearing in Boston regarding unanswered questions over the health system's troubled finances. 
  • Norton operating income remains flat; 9th hospital opening this year

    Louisville, Ky.-based Norton Healthcare reported $76.3 million in operating income in 2023, a slight improvement on the $76.1 million gain recorded the previous year, according to financial documents published March 13. 
  • Change Healthcare attack costing hospitals $2B a week: Report

    Provider claims to payers have dropped by more than a third in the wake of the Change Healthcare cyber attack, according to a March 13 news release from Kodiak Solutions. 
  • AHA pushes further congressional action over Change Healthcare hack

    The American Hospital Association is urging Congress to consider existing statutory limitations that could limit aid from CMS and HHS to hospitals and providers affected by the Change Healthcare cyberattacks in February.
  • Massachusetts hospital margins over the last 3 years

    A Massachusetts Center for Health Information and Analysis 2024 annual report revealed that state acute care hospitals have seen margin fluctuation over the last three years. The hospital margins went from 5% in 2021 down to -4.2% in 2022 and back up to 1.6% in the first six months of 2023.
  • HFMA pushes back on 'irresponsible' price transparency report

    The Healthcare Financial Management Association is pushing back on the latest report from, calling it "irresponsible" and "incorrect." 
  • Mass General Brigham AI RCM spinoff lands $40M

    CodaMetrix, a spinoff of Somerville, Mass.-based Mass General Brigham that uses artificial intelligence for health system revenue cycle management, closed a $40 million Series B funding round. 
  • Tenet: Value-based care 'increasingly affecting' hospital operations

    Many health systems are expanding value-based care strategies and taking a more nuanced approach to the site of service for care, but Dallas-based Tenet Healthcare warned investors that the "trend toward value-based purchasing and alternative payment models may negatively impact our revenues."
  • Bristol Health eliminates 60 positions

    Despite Bristol (Conn.) Health's financial improvements in fiscal year 2023, the health system has eliminated 60 positions in an effort to cut costs amid ongoing financial challenges faced across the healthcare industry.
  • Indiana hospital to close behavioral health unit

    Daviess Community Hospital in Washington, Ind., will close its inpatient behavioral health unit May 1 as it looks to put more resources into outpatient mental health services. 

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