Today's Top 20 Health Finance Articles
  • Nearly half of health systems are considering dropping Medicare Advantage plans

    "Onerous" authorization requirements and high denial rates have health systems considering whether to drop Medicare Advantage plans, according to a report from the Healthcare Financial Management Association and Eliciting Insights. 
  • Where health system CFOs are spending their time

    Health system CFOs spend nearly a quarter of their time on revenue cycle management, according to a report from the Healthcare Financial Management Association and Eliciting Insights. 
  • 14 health systems with credit rating upgrades

    Here are 14 health systems that have had their credit ratings upgraded by Fitch Ratings or Moody's Investor Services in 2024:
  • 6 steps for ASCs to collect patient payments earlier + faster

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  • 2 HSHS Wisconsin hospitals close

    Chippewa Falls, Wis.-based St. Joseph's Hospital and Eau Claire, Wis.-based Sacred Heart Hospital, both part of Springfield, Ill.-based Hospital Sisters Health System, have closed, a spokesperson for HSHS confirmed with Becker's on March 22. 
  • A leading money loser for hospitals: Kaufman Hall

    Obstetrics and delivery services are one of the leading money losers of all hospital services, and a growing number of rural hospitals are closing obstetric departments to protect the financial viability of the overall enterprise, according to a recent analysis by Kaufman Hall. 
  • California hospital ineligible for bankruptcy, court rules

    Hollister, Calif.-based Hazel Hawkins Memorial Hospital failed to satisfy all the statutory requirements to remain in Chapter 9 bankruptcy, according to a March 21 Bankruptcy Court ruling.
  • Health system finance teams ripe for change

    Debra Thomas, senior vice president and CFO of the East Florida Division at AdventHealth, sees a big opportunity to transform her finance team in the coming years as the healthcare delivery system evolves.
  • Simplify the complexity of Medicare claims

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  • New omnibus bill up for vote — What it means for healthcare

    The House and Senate Appropriations committees have released the Further Consolidated Appropriations Act of 2024, which would fund all remaining federal agencies through the fiscal year ending Sept. 30. 
  • Indiana hospital closing birthing center, transferring services

    Columbia City, Ind.-based Parkview Whitley Hospital, part of Fort Wayne, Ind.-based Parkview Health, is closing its family birthing center and relocating it to the new Warsaw, Ind.-based Parkview Kosciusko Hospital, tentatively scheduled for Sept. 1.
  • 'Get ahead and stay ahead': Sanford Health CFO on improving margins

    As hospital margins remain a mixed bag, Sioux Falls, S.D.-based Sanford Health CFO Scott Wooten encouraged other healthcare leaders to make hard decisions as early as possible to help improve their margins.
  • 36 rural hospitals have closed since 2020

    Jellico (Tenn.) Regional Hospital, a 25-bed critical access facility, closed March 9, making it the 36th rural hospital to shutter or no longer provide inpatient services since 2020, according to data compiled by the University of North Carolina's Cecil G. Sheps Center for Health Services Research. 
  • How many Americans have $0 in retirement savings?

    More than a quarter of Americans have not contributed a penny to their retirement savings, according to a recent survey from GoBankingRates. 
  • Steward Louisiana hospital closes inpatient rehab unit

    West Monroe, La.-based Glenwood Regional Medical Center, part of financially troubled Dallas-based Steward Health Care, closed its inpatient rehabilitation unit March 20.
  • 4 Conifer RCM partnerships in 2024

    Conifer Health Solutions has added and expanded several revenue cycle partnerships in 2024, many of which were part of hospital sales involving its parent company, Dallas-based Tenet Healthcare. 
  • HCA's 5-pronged business strategy

    Nashville, Tenn.-based HCA Healthcare outlined its business strategy in its 2023 annual shareholders report released March 15. 
  • Banner reports $282.8M operating income, 2% margin

    Phoenix-based Banner Health posted an operating income of $282.8 million (2% margin) in 2023, a substantial mprovement on the $16.6 million operating gain (0.1% margin) reported the previous year.
  • Intermountain posts $137M operating income, 0.9% margin

    Salt Lake City-based Intermountain Health posted an operating income of $137 million (0.9% margin) in 2023, improving slightly on the $121 million gain (0.9% margin) reported the previous year. 
  • Norton aims to raise $200M

    Louisville, Ky.-based Norton Healthcare and Norton Children's launched the "Just Imagine" campaign March 20 to raise millions in support of health equity and expanding specialty care.
  • The financial losses for hospitals stemming from Change attack: 5 numbers to know

    Hospitals, pharmacies and medical groups nationwide are continuing their efforts to recover from the cyberattack on UnitedHealth Group's Change Healthcare in February.
  • Sale of 2 Rhode Island hospitals remains in limbo

    The Rhode Island attorney general and state department of health are still reviewing the Centurion Foundation's application to purchase Providence, R.I.-based CharterCare Health Partners, part of Los Angeles-based Prospect Medical Holdings, and its two Rhode Island hospitals for $193 million. 

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