Today's Top 20 Health Finance Articles
  • NJ system must provide hospital 'disaster plans'

    The New Jersey Department of Health has asked CarePoint Health to provide state officials with its "disaster plans" amid the three-hospital system's ongoing financial challenges, News12 New Jersey reported Feb. 12.
  • Senator to HSHS CEO: Consider delaying Wisconsin hospital closures

    Wisconsin Sen. Tammy Baldwin told Hospital Sisters Health System CEO Damond Boatwright she is disappointed in the "abrupt announcement" of two hospital closures in the state and that the Springfield, Ill.-based system should consider a delay. 
  • Judge temporarily blocks Beth Israel closure

    A New York judge has temporarily blocked New York City-based Mount Sinai Health System from closing Beth Israel Hospital until arguments are presented in court. 
  • 6 steps for ASCs to collect patient payments earlier + faster

    The earlier ASCs collect patient payments, the better. Learn how to collect patient payments earlier + faster in 6 steps here.
  • Why investors are picking providers over payers in 2024

    Providers are a better investment than payers for the first time in a decade, TD Cowen analyst Gary Taylor said. 
  • More CEOs consider rural emergency hospital designation

    Nineteen hospitals have converted to "rural emergency hospitals" in the first 13 months that the new Medicare provider type was available, but more hospital leaders are seriously considering the new designation this year as a way to stay open and maintain access to critical healthcare services in their communities.
  • 8 health systems seeking revenue cycle vice presidents

    Eight hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. 
  • A Midwest system's regional path to cost savings

    Marion-based Deaconess Illinois, part of Evansville, Ind.-based Deaconess Health System, has taken a collaborative approach to margin enhancement that goes beyond the C-suite. 
  • Simplify the complexity of Medicare claims

    Minutes turn into hours while managing Medicare claims. Learn how to simplify the process by automating your billing management here.
  • Adventist hospital shuttering deliveries and neonatal ICU; 53 employees affected

    Adventist Health Simi Valley (Calif.) hospital, part of Roseville, Calif.-based Adventist Health, is ending its labor and delivery services and closing its neonatal intensive care unit May 8.
  • As Steward's finances stumble, spotlight turns to CEO's yachts

    In light of continuous reports on Steward's financial history and challenges, along with reports that its Massachusetts hospitals are short on medical tools and essential supplies, local news outlets are now zeroing in on Steward CEO Ralph de la Torre's lifestyle.
  • HCA profits dip 7%, Tenet's up 30%: 10 things to know

    Tenet Healthcare and HCA Healthcare, two of the largest for-profit hospital operators in the U.S., reported significant net incomes in 2023, but Tenet's profits improved substantially over the prior year's while HCA's were down slightly.
  • Oregon system lays off 3% of staff

    Medford, Ore.-based Asante health system has laid off about 3% of its workforce, according to a report from NBC affiliate KOBI-TV, which is based on an internal memo sent to staff Feb. 9. 
  • Kansas hospital to transition to rural emergency hospital

    La Crosse, Kan.-based Rush County Memorial Hospital has decided to transition to a rural emergency hospital due to ongoing rural healthcare challenges like reimbursement changes, cost increases, governmental change, and a local population decrease.
  • Kaiser posts $4.1B net income in 2023

    Oakland, Calif.-based Kaiser Permanente reported $329 million in operating income (0.3% margin) in 2023, a significant improvement on the $1.3 billion operating loss (-1.3% margin) it reported in 2022. 
  • Mayo steps up to plug care gaps as HSHS exits Wisconsin

    Mayo Clinic is striving to help close a significant gap in patient care in Western Wisconsin, where two hospitals and almost 20 clinics are expected to close in the coming months.
  • 10 states with the most private equity-backed hospitals

    Texas has the lion's share of the 460 private equity-backed hospitals in the U.S., according to the Private Equity Stakeholder Project's Private Equity Hospital Tracker.
  • St. Charles Health sees operating performance turnaround

    Bend, Ore.-based St. Charles Health System's bond outlook has been revised from negative to stable by S&P Global ratings following years of challenge brought on by the pandemic, staffing shortages and financial woes.
  • 11 hospitals closing departments or ending services

    A number of healthcare organizations have recently closed medical departments or ended services at facilities to shore up finances, focus on more in-demand services or address staffing shortages.
  • 26% of private equity-owned hospitals serve rural populations

    Private equity firms own about 460 US hospitals, with 26% of those hospitals serving rural populations, according to new data published Feb. 8 by the Private Equity Stakeholder Project.
  • Why Optum, SSM Health cut ties

    St. Louis-based SSM Health and UnitedHealth Group's Optum ended their administrative partnership around inpatient care management, digital transformation and revenue cycle management after the two organizations were not able to meet "mutually agreed-upon expectations."
  • 'Opportunistic' growth ahead for Tenet in 2024

    Along with a net income of $1.3 billion in 2023, Dallas-based Tenet Healthcare saw ramped up merger and acquisition activity last year, including plans to continue the momentum in 2024.

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