Today's Top 20 Health Finance Articles
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15 RCM companies making executive moves in 2023
Here are 15 revenue cycle management companies that have announced executive leadership changes in 2023: -
What Banner's rev cycle VP was most proud of in 2023
Adrienne Moore, DrPH, took on the role of revenue cycle vice president at Phoenix-based Banner Health in March, during what she told Becker's was one of the "most challenging revenue years for systems providing healthcare." -
California hospital to lay off 30, including 23 nurses
Ridgecrest (Calif.) Regional Hospital plans to suspend its labor and delivery unit, effective March 1, and lay off 30 employees due to financial and staffing challenges, according to a WARN notice filed with state officials. -
Nearly 20% of hospitals have been warned over price transparency violations: Report
Nearly 20% of U.S. hospitals have been warned that they violated the federal price transparency rules that went into effect in 2021, according to a Dec. 20 report from Bloomberg. -
UVM Health Network CEO's approach to payers
The relationship between payers and providers can be contentious, especially in the current economic environment where costs are growing at a faster pace than reimbursement. -
Will health system M&A soar or dive?
The health system deal market heated up in 2023. -
Premier Health sells headquarters building for $5.5M
Dayton, Ohio-based Premier Health has sold the building that houses its downtown headquarters for more than $5.5 million to Dayton-based Arkham Blue, an Ohio limited liability company, according to a limited warranty deed shared by the Montgomery County Auditor's Office with Becker's. -
Patient's dying wish grows to clear $100M+ in medical debt
Since Casey McIntyre, 38, died from ovarian cancer in November, the campaign she started to pay off others' unpaid medical bills has gained national attention and is now valued at upward of $100 million. -
Ochsner Health reports $56M community impact
New Orleans-based Ochsner Health's new digital impact report revealed more than $56 million in total cost-of-care savings for some of its most vulnerable patients, including over $38 million in network provider rewards from 2022 to 2023, according to a Dec. 20 press release. -
MercyOne to close another clinic
West Des Moines, Iowa-based MercyOne is shuttering another family medicine clinic — this time in Urbandale, Iowa, the Des Moines Register reported Dec. 20. -
Dayton Children's CFO sets sights on health equity, behavioral health
As we continue to move out of the pandemic, Chris Bergman, vice president and CFO of Dayton Children's Hospital, is dedicating much of his time and effort to tackling the behavioral health crisis among kids in the new year. -
University Hospitals' 'Medicare Breakeven' initiative cuts expenses by $250M
Cleveland-based University Hospitals launched its "Medicare Breakeven" project in August 2022 to reduce expenses, grow revenues and develop a model that allowed the health system to bend its cost curve. -
3 Philadelphia hospitals reportedly up for grabs
Three Philadelphia-based hospitals are reportedly up for sale, according to an email notice from Los Angeles-based investment bank Xnergy, The Philadelphia Inquirer reported Dec. 19. -
Bankrupt California hospital finds path to reopen
Madera (Calif.) Community Hospital, which officially closed at midnight Dec. 30, 2022, and filed for Chapter 11 bankruptcy last March, has agreed to new management and an eventual sale of the hospital, the San Joaquin Valley Sun reported Dec. 19. -
Iowa hospital to lay off 67
Southeast Iowa Regional Medical Center based in West Burlington announced planned layoffs across two hospitals on Dec. 19, according to an Iowa WARN notice. -
Kaiser to lay off 79 administrative employees
Kaiser Permanente is laying off 79 administrative employees across California. The move comes after the Oakland, Calif.-based organization disclosed in December it is also eliminating 115 IT positions, 74 of which are based in California. -
California health system forgives $40M in medical debt
Christmas came a week early for 29,000 former patients of Community Hospital of the Monterey Peninsula. -
HFMA, tech firm to launch revenue integrity council
The Healthcare Financial Management Association and healthcare technology firm Xsolis will create an executive revenue integrity council. -
New Jersey health system calls for urgent $130M state funding
Jersey City, N.J.-based CarePoint Health is requesting at least $130 million in state funding to help tackle "unprecedented challenges" and provide essential healthcare services to the community. -
Firm cutting out insurers for surgeries lands $1B valuation
With a fresh $92 million investment, a company that helps employers bypass insurers to contract with physicians and hospitals for healthcare services is now valued at $1 billion.
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