Today's Top 20 Health Finance Articles
  • California hospital closing dialysis center

    Mee Memorial Hospital in King City, Calif., has started transitioning patients to another dialysis clinic as it plans to close its dialysis center in June. 
  • Hospitals' cash position weakens

    Liquidity continues to be a problem for hospitals as they recover financially from the pandemic and inflation over the last four years, according to a new report from Syntellis, part of Strata.
  • Kaiser Permanente launching PACE venture

    Oakland, Calif.-based Kaiser Permanente is partnering with healthcare investment firm Town Hall Ventures to launch Habitat Health, which is designed to allow older adults with low incomes to remain in their homes and receive personalized support.  
  • Becker's 12th Annual CEO + CFO Roundtable

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  • US offers $10M reward for information on ransomware gang behind Change hack

    The U.S. Department of State's Rewards for Justice program has offered up to $10 million for tips, like identification or location, on the ALPHV/BlackCat ransomware gang responsible for the Change Healthcare attack. 
  • Building Blocks for Effective AI-Driven Denials Management: Unveiling the Four Essential Pillars

    Artificial Intelligence (AI) holds immense potential to transform Revenue Cycle Management (RCM) by improving administrative efficiency, decision support, and patient engagement.
  • Change attack, disruptors will test hospital finances: Kaufman Hall

    National data on hospital financials has so far reflected a strong start to the year, but challenges are likely ahead in wake of the massive Change Healthcare cyberattack and amid increasing competition from disruptors, according to Kaufman Hall's latest "National Hospital Flash Report." 
  • Steward to sell 'highly desired' physician group to Optum

    Dallas-based Steward Health Care plans to sell its physician group to UnitedHealth Group's subsidiary Optum, The Boston Globe reported March 26.
  • Percentage of initial denials overturned, by payer type

    Fifty-four percent of denials from private payers that were initially denied were ultimately overturned and paid, "but only after multiple, costly rounds of provider appeals," according to a March 21 report from healthcare solutions company Premier. 
  • 'Burned by corporate healthcare': Saltzer Health physician on looming closure

    With the clock ticking, Salt Lake City-based Intermountain Health is still working to sell services from its Nampa, Idaho-based Saltzer Health, a physician group, after sharing plans to close or sell the group in January. 
  • Providence pushes back on Oregon's charity care document request

    The Oregon Department of Justice is asking a judge to compel Renton, Wash.-based Providence to turn over more documents into an investigation of the health system's charity care program, The Oregonian reported March 25. 
  • AdventHealth invests in solar panels to save $20M over 2 decades

    Altamonte Springs, Fla.-based AdventHealth has invested in the installation of 7,500 solar panels that will save the health system an estimated $20 million over two decades.
  • AHA disputes 'biased' hospital charitable contribution report

    The American Hospital Association is defending the community dedication of hospitals and health systems after the Lown Institute, a nonpartisan healthcare think tank, released a report that found charity care from 80% of nonprofit hospitals falls behind tax breaks. 
  • Bon Secours Mercy Health posts $123.9M operating loss; new CFO to begin July 1

    Cincinnati-based Bon Secours Mercy Health reported a $123.9 million operating loss (-1% margin) in 2023, improving on the $323.5 million operating loss (-2.9% margin) in 2022, according to financial documents published March 25. 
  • There's no denying RCM teams' top challenges

    Eighty-two percent of health system CFOs said that payer denials are higher than pre-pandemic levels, compared to only 2% who say denials have decreased, according to a report from the Healthcare Financial Management Association and Eliciting Insights. 
  • Health system C-suites eye value-based care roles

    Healthcare is in flux. Hospitals across the nation report clinician shortages and tight margins, and insurers are pushing more care into the lower cost settings.
  • How CFOs' focus has shifted over 3 years

    Health systems CFOs are spending more time on cost management and operations and less time on strategy and cash management than they were in 2021, according to a report from the Healthcare Financial Management Association and Eliciting Insights. 
  • Hospitals coming into compliance after price transparency fines

    The hospitals that have been fined for price transparency violations came into compliance within three months of the penalties being levied against them, CMS data shows. 
  • 20 hospitals, systems where charity care exceeds tax breaks

    The Lown Institute, a nonpartisan healthcare think tank, released a new report March 26 examining the finances of more than 2,400 nonprofit hospitals in the U.S. 
  • Ascension outsourcing Illinois hospitalist staff

    SCP Health, a clinical services provider for hospital medicine, emergency medicine and critical care services, is set to assume control of all hospitalist employees from Ascension Illinois by June 1st, a spokesperson for Ascension told Becker's. 
  • Steward rehab hospital closes

    Stoughton, Mass.-based New England Sinai Hospital, a rehabilitation hospital owned by Steward Health Care, has closed. 

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