Today's Top 20 Health Finance Articles
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ApolloMD partners with RCM company
ApolloMD, a clinical services provider for hospitals and health systems, is partnering with Adonis, a revenue intelligence and automation platform. -
The 8 best revenue cycle services, per KLAS
KLAS Research, a healthcare IT data and insights company, on Feb. 8 named its "Best in KLAS" revenue cycle services for 2023. -
10 RCM companies making executive moves
Ten revenue cycle management companies — including Conifer Health Solutions and R1 RCM — have announced executive leadership changes since Nov. 15: -
Cash-strapped Kaweah fails to meet debt coverage requirement
Financially troubled Visalia, Calif.-based Kaweah Health, which has embarked on a cost-cutting strategy after years of losses, said it failed to meet debt coverage obligations in a Feb. 13 filing. -
Tennessee rural hospitals at high risk of closure, advocacy group says
More than 75 percent of rural hospitals in Tennessee are at high risk of closure in the next few years, according to Fox affiliate WZTV in a Feb. 10 report, citing advocacy group the Tennessee Healthcare Campaign. -
California hospital closes home health services business
Oroville (Calif.) Hospital is closing Golden Valley Home Health, the hospital's home health business, the Enterprise-Record reported Feb. 12. -
Geisinger Health System hit with rating downgrade
Moody's Investors Service has downgraded Danville, Pa.-based Geisinger Health System's outstanding bonds from "A1" to "A2." -
10 providers seeking RCM talent
Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise. -
TidalHealth reports $30.8M operating loss in 2022 as staffing costs rise
Salisbury, Md.-based TidalHealth reported a 2022 operating loss of approximately $31 million as the healthcare system struggled with increased staffing costs. -
CMS puts No Surprises Act payment determinations on hold after court loss
CMS is instructing certified independent dispute resolution entities to hold all payment determinations under the No Surprises Act until HHS and the Treasury Department issue further guidance. -
11 things to know about Doximity's Q3 financial results
Doximity reported 18 percent higher revenues, 78 percent higher operating cash flow, and 85 percent higher free cash flow, year-over-year, in its fiscal third quarter results published Feb. 9. -
Kaiser posts $4.5B net loss in 2022 amid staff shortages, economic headwinds
Oakland, Calif.-based Kaiser Permanente reported a net loss of $4.5 billion in 2022, down from a net income of $8.1 billion in 2021, according to its financial results released Feb. 10. Its operating margin dipped from 0.7 percent in 2021 to -1.3 percent in 2022. -
Colorado health system looking ahead after 2022 that saw 49% drop in operating margin
Vail (Colo.) Health is looking to return to normalcy and focus on its expansion projects in 2023 after 2022, in which the system saw a 49 percent drop in operating margin, SummitDaily reported Feb. 10. -
Mass General Brigham reports operating loss, but overall income up in latest quarter
Somerville, Mass.-based Mass General Brigham reported a $1 million operating loss for its latest quarter as it continued to struggle with labor expenses. -
Hawaii Pacific reports profit, but down on 2021
Honolulu-based Hawaii Pacific Health reported net income of $25.3 million in 2022, approximately 52 percent down on 2021 figures of $53.4 million. -
Denver Health to benefit from fast-track state payment
Local legislators are fast-tracking a $5 million payment to Denver Health, which operates Colorado's safety-net hospital, according to a Feb. 8 Denver Post report. -
Every 5-star hospital ranked by financial success
Parkview Regional Hospital in Mexia, Texas, is the most profitable 5-star hospital in the nation, according to data from Sage Transparency. It tops a list of 429 hospitals nationwide that won the CMS distinction, based on five quality categories. -
Higher commercial-to-Medicare rate ratios increases hospital profitability, study finds
Higher commercial-to-Medicare price ratios were associated with higher profit margins and more days of cash on hand for hospital systems, a study published Feb. 10 in JAMA Health Forum found. -
Board explores ways to reopen California hospital
Madera (Calif.) Community Hospital closed in December, but hospital board members are still meeting two to three times a week in an attempt to find ways to resume service, ABC affiliate KFSN reported Feb. 10. -
GBMC Healthcare reports overall $33M loss as expenses and investments bite
Baltimore-based GBMC Healthcare reported an overall loss of $33.6 million for the six months ended Dec. 31 but saw a marked improvement in the final quarter of the year as investment values rose.
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