The owners of hospitals in Chicago and Los Angeles are planning to close the facilities in the first half of this year. 

A former CFO of a Connecticut healthcare staffing agency pleaded guilty to aiding the co-founder of the company with tax evasion, the U.S. Justice Department said Jan 13.

Thirty-five ACOs participating in the Next Generation ACO model achieved shared savings and received bonus payments in 2019, according to partial 2019 performance data released Jan. 13. 

CMS has started auditing a sample of hospitals for compliance with the price transparency rule, an agency spokesperson confirmed to Becker's Hospital Review. 

Nine hospitals and health systems recently posted job listings seeking revenue cycle management expertise.

Twenty-seven percent of the over 1 million fundraisers on GoFundMe from May 2010 to December 2018 were held to help patients cover medical costs, according to research published Jan. 11 in the Journal of the American Medical Association.

Credit downgrades outpaced upgrades for U.S. public finance in 2020, and nonprofit hospitals were among the most affected sectors, according to a new report from Fitch Ratings. 

The Health Resources and Services Administration finalized this week its proposal to modify the list of geographic areas considered rural in an effort to extend grant eligibility for hospitals. 

Illinois lawmakers have introduced legislation that would stop hospital closures in the state for three years. 

CMS extended its deadline for filing cost reports by two months for all cost-reporting periods that ended  March 1-Dec. 31, 2020.

R1 RCM plans to add $4 billion in new patient revenue by the end of the year, the revenue cycle management provider said during a presentation at the 39th Annual JPMorgan Healthcare Conference. 

Below are 10 hospitals and health systems that recently posted job listings seeking CFOs.

Sonoma (Calif.) Valley Hospital stabilized its finances through strategic decision making after having only five to 10 days' of cash on hand 10 years ago, former CEO Kelly Mather said  in a Jan. 11 North Bay Business Journal article.

Fewer than four in every 10 American adults can afford a $1,000 surprise medical bill, according to survey results released Jan. 11 by finance company Bankrate.

President-elect Joe Biden is working on a stimulus relief proposal worth trillions of dollars, according to The Washington Post.

Adeptus Health, an Irving, Texas-based operator of freestanding emergency rooms, has filed for Chapter 7 bankruptcy, according to the Dallas Business Journal.

HHS' Office of Inspector General will conduct a second audit to decide if acute care hospitals are being wrongly reimbursed for outpatient services provided at other inpatient facilities.

CMS has recalculated Medicare physician fee schedule payment rates for this year to reflect changes finalized Dec. 27 under the Consolidated Appropriations Act. 

Kimberly Scaccia began as vice president of revenue cycle at Mercyhealth last March, and she has helped the health system navigate the COVID-19 pandemic, while striving to motivate, inspire and listen to members of her team.

The American Hospital Association is calling on HHS to exercise enforcement discretion when ensuring compliance with the price transparency rule that took effect Jan. 1.