Ballad Health in Johnson City, Tenn., said "exceptional expense management" helped improve its finances in the third quarter of fiscal 2019.

As payers and providers transition to value-based care, many providers feel like they have a foot in two boats. Fee-for-service care is all about volume, while value-based care rewards quality and outcomes. Information sharing between payers and providers is essential for successful value-based care. Yet, this is exactly where significant friction exists today, making the transition to value even more challenging.

Johns Hopkins Health System in Baltimore saw its revenue and net income increase in the three months ended March 31, but its operating income fell due in large part to the closing of its troubled Heart Institute at Johns Hopkins All Children's Hospital.

Community hospitals are fighting some of the biggest problems in healthcare, with little access to the resources and support they need to achieve healthy margins and drive better care for their patients. But some, like Davis Health System, are reevaluating their financial planning processes and finding opportunities to make a huge impact.

As hospitals model payer contract terms to forecast revenue, negotiate favorable contracts and manage insurer relationships, they should ensure they have defined goals in mind, said John Wallace, director of revenue cycle solutions at nThrive, a healthcare revenue cycle management company.

A New York state law to protect patients form surprise out-of-network bills has resulted in a significant decline in consumer complaints about the issue, according to a new case study by researchers at Georgetown University.

Life Church in De Pere, Wis., donated $17,500 to RIP Medical Debt, a charity that buys and forgives medical debt for pennies on the dollar, which helped cancel out $4.4 million in medical debt, according to the Green Bay Press-Gazette.

Pickens County Medical Center in Carrollton, Ala., is facing financial challenges and could be forced to close, according to TV station CBS 42.

Nonprofit hospitals and health systems have been able to adapt to the evolving healthcare landscape over the years due to effective management, S&P Global Ratings said in a report published May 13.

There were more than 700 private equity deals in the healthcare industry in 2018, and the healthcare sector continues to draw private equity investors.

Southeastern Kentucky Medical Center in Pineville is behind on payroll and needs an influx of cash to overcome financial troubles and keep its doors open, according to the Middlesboro Daily News.

Below are 10 hospitals that posted job listings seeking CFOs during the past week.

A top executive of Partners HealthCare said the Boston-based health system's market power allows it to set higher prices than its competitors — and in return, force higher reimbursement from private insurers, according to a video obtained by GoLocalProv News.

An Ohio lawmaker has proposed a state budget amendment to tackle large, unexpected bills that often occur after a patient is treated by an out-of-network provider at an in-network facility, according to a Daytona Daily News report.

In the fight to stop large, unexpected medical bills when patients are treated by out-of-network providers, physicians, hospitals, insurers and legislators agree: No one wants patients stuck with an outrageous "surprise bill."

Oakland, Calif.-based Kaiser Permanente reported higher revenue and net income for its nonprofit hospital and health plan units in the first quarter of 2019.

Three major for-profit hospital operators saw their stock prices fall last week.

Zuckerberg San Francisco General said it anticipates losing  $1.9 million to $2.2 million in revenue annually as a result of changing its billing practices, according to the San Francisco Business Times.

President Donald Trump's recent push for legislation to end surprise medical bills has drawn generally positive and cautious reactions from healthcare groups and lawmakers.

With the rise of high-deductible health plans, a growing portion of hospital revenue comes directly from patients. The growth in self-pay accounts has hospitals across the nation exploring ways to improve front-end collections.