Today's Top 20 Health Finance Stories
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Healthcare's changing payment paradigm: Why providers are upgrading the patient financial experience
Consumers across all industries, including healthcare, want convenience and simplicity when paying bills. - 9/14/18 -
8 recent hospital, health system outlook and credit rating actions
The following hospital and health system credit rating and outlook changes and affirmations occurred in the last week, beginning with the most recent. - 9/14/18 -
Health IT, RCM sectors see $3.3B in mergers, acquisitions in year's first half
Greenberg Advisors, an investment bank specializing in mergers and acquisitions for revenue cycle management and health IT firms, is set to release its update analyzing M&A in the RCM and health IT sectors for the first half of 2018. - 9/14/18 -
44 RCM promotions, hires in 2018
The following organizations announced new revenue cycle management-related hires or promotions so far in 2018: - 9/14/18 -
Moody's downgrades South Georgia Medical Center to 'Baa3', maintains negative outlook
Moody's Investors Service downgraded the Hospital Authority of Valdosta (Ga.) and Lowndes County's revenue certificates to "Baa3" from "A3," affecting $48 million of debt. The hospital authority does business as South Georgia Medical Center. - 9/14/18 -
Moody's assigns 'A3' rating to St. Luke's University Health Network's bonds
Moody's Investors Service assigned its "A3" rating to Bethlehem, Pa.-based St. Luke's University Health Network's proposed $100 million series 2018C revenue bonds. The credit rating agency also affirmed its "A3" rating on the health system's outstanding debt. - 9/14/18 -
Moody's assigns 'Baa1' rating to AU Health System, maintains negative outlook
Moody's Investors Service assigned its "Baa1" rating to Augusta (Ga.) University Health System's proposed $76.8 million series 2018 revenue bonds. At the same time, Moody's affirmed the health system's "Baa1" issuer rating. - 9/14/18 -
Dana-Farber's operating income bounces back
Boston-based Dana-Farber Cancer Institute ended the first nine months of fiscal year 2018 with operating income of $20.8 million, compared to an operating loss of $34.87 million in the same period a year earlier, according to recently released financial documents. - 9/14/18 -
Fellow Health Partners acquires medical billing company
Fellow Health Partners, a provider of medical business solutions, acquired medical billing company Physicians Management. - 9/13/18 -
Hospitals look to non-acute care, outside suppliers for value-based care success
Hospitals are expanding in non-acute care and seeking outside service providers amid shifts to population health and value-based care, according to a study from global management firm L.E.K. Consulting. - 9/13/18 -
Equity firm invests $200M to launch independent cancer care network
Private equity firm General Atlantic has agreed to invest $200 million in Nashville, Tenn.-based OneOncology, a startup that aims to manage independent cancer treatment clinics, according to The Wall Street Journal. - 9/13/18 -
NICU volunteer donates $1M to Alabama hospital
Mobile, Ala.-based USA Health Children's & Women's Hospital received a more than $1 million gift from 81-year-old Louis Mapp, a volunteer at the hospital, and his wife Melinda Mapp, according to the StarTribune. - 9/13/18 -
Predict the future: 4 tips for pay, contract negotiations, accurate payment
Imagine the ability to see into your financial future. - 9/13/18 -
This week's 5 must-reads for hospital CFOs
Here are five articles recently published by Becker's Hospital Review that offer insight on for-profit hospital operator stocks, surprise medical bills and more. - 9/13/18 -
U of Kansas Health gets record-breaking $66M gift
Kansas City-based University of Kansas Health System received the largest gift in its history — a $66 million donation from The Sunderland Foundation. - 9/13/18 -
10 hospitals seeking RCM talent
As hospitals and health systems juggle ACA compliance and implement payment models to transition from fee-for-service medicine, many are looking to strengthen their financial management teams. - 9/13/18 -
Fitch downgrades Essentia Health's bonds to 'A-'
Fitch Ratings downgraded Duluth, Minn.-based Essentia Health's outstanding bonds to "A-" from "A," affecting $240 million of debt. - 9/13/18 -
Fitch upgrades Holland Community Hospital to 'AA-'
Fitch Ratings upgraded its rating on Holland (Mich.) Community Hospital to "AA-" from "A+," affecting $77.3 million of debt. - 9/13/18 -
Healthcare organizations report highest investment return since 2013
Fifty-six nonprofit healthcare organizations reported a return on investable assets of 13.2 percent for 2017, up from the average 6.2 percent return reported for 2016, according to a Commonfund study for both years. - 9/13/18 -
TransUnion provides support to medical debt charity
TransUnion Healthcare, part of credit and information management company TransUnion, is supporting the efforts of RIP Medical Debt, a charity that buys and forgives medical debt for patients. - 9/13/18