Today's Top 20 Health Finance Articles
-
CEO among creditors in California hospital bankruptcy process
Dozens of businesses, physicians and individuals, including Karen Paolinelli, Madera (Calif.) Community Hospital's chief executive, have filed claims requesting to be repaid through the hospital's bankruptcy process, The Fresno Bee reported Dec. 14. -
Washington charity care rulemaking drags on
More than 40 organizations penned a letter to the Washington Department of Health expressing their concern about the hold up on its rulemaking process for charity care — free or discounted hospital services provided to people who are financially eligible. -
Yale New Haven sale key to Prospect hospitals' survival, CEO says
The sale of three Connecticut hospitals to Yale New Haven (Conn.) Health from Los Angeles-based Prospect Medical Holdings is "urgent," according to a letter obtained by the CT Mirror. -
New Orleans health system gets 'historic' donation for new children's hospital
New Orleans-based Ochsner Health has unveiled plans for a new children's hospital after receiving a "historic" donation from the Gayle and Tom Benson Charitable Foundation. -
CMS greenlights $600M for Mississippi hospitals
CMS approved $600 million for Mississippi hospitals as part of a new state initiative, SuperTalk Mississippi Media reported Dec. 13. -
Health First trims operating loss by 14% in FY 2023
Rockledge, Fla.-based Health First reported a $64.4 million operating loss in fiscal year 2023, a 14% improvement on the $74.7 million loss it reported last year, according to financial documents published Dec. 13. -
Pennsylvania hospital's $400K in unpaid taxes, fees scrutinized
Prospect Medical, the parent company of Crozer Health System, is fighting the tax assessment for its Ridley Park, Pa.-based hospital, and the $400,000 in unpaid taxes and fees could mean higher taxes, according to a CBS News Philadelphia report. -
Kansas system updates hiring protocol after former CFO allegedly lied about criminal past
Lawrence, Kan.-based LMH Health is owning up to its missteps and taking action in the aftermath of firing their CFO Mike Rogers in October after they discovered that he had changed his name and was a convicted felon. -
KKR to buy stake in health IT company valued at $11B
Global investment firm KKR is in discussions with Veritas Capital to acquire a 50% stake in Cotiviti, a healthcare analytics company, for between $10 billion and $11 billion, Bloomberg reported Dec. 12. -
McKenzie Health CEO eyes $65M hospital to better serve community
Sandusky, Mich.-based McKenzie Health System is moving forward with its plans for a new hospital to replace its current McKenzie Memorial Hospital and modernize the hospital system. -
Cincinnati health system opens 7th urgent care, plans for expansion
In an effort to make healthcare more accessible for all, Cincinnati-based Mercy Health opened its seventh urgent care facility Dec. 6. -
CMS ramped up price transparency enforcement in 2023
After fining the first two hospitals for alleged price transparency violations in 2022, CMS fined 12 more in 2023. -
Healthcare spending hit $4.5 trillion in 2022: 8 things to know
CMS estimated that U.S. healthcare spending grew 4.1% in 2022 to $4.5 trillion, Health Affairs reported Dec. 13. -
MUSC awarded $4.3M for rural health initiatives
Charleston, S.C.-based MUSC Health has received $4.28 million in grants to improve healthcare access to rural and underserved parts of South Carolina. -
Rome Health sees $62M in projects over last year
With nearly $62 million in projects and renovations over the last year, Rome (N.Y.) Health has kept itself busy. -
Texas health system gets $3B 2024 budget
San Antonio-based University Health has received approval for a new budget and to provide additional property tax relief to homeowners in the county's hospital district. -
Initial claims denials up 18% since 2020: Report
Initial claims denials are up more than 18% since 2020, according to a Dec. 13 revenue cycle benchmarking report from Kodiak Solutions, formerly Crowe. -
11 health systems seeking revenue cycle vice presidents
Eleven hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. -
Minnesota system CEO defends benefit cuts in 2024 budget
The debate around Hennepin (Minn.) Healthcare's budget left some government officials insisting on more oversight of top leader pay and worker benefits, according to the Star Tribune. -
New CHS initiative will drive 'significant cost savings,' CFO says
Franklin, Tenn.-based Community Health Systems recently kicked off its Project Empower initiative, which combines the Oracle Health Enterprise Resource Planning system with other financial, supply chain and human capital management systems offered by the tech company, CHS CFO Kevin Hammons told Becker's.
Page 40 of 50