Today's Top 20 Health Finance Articles
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Healthcare CFOs' No. 1 concern
Health plan and health system CFOs point to the current economic situation when asked to identify their top concern, according to a Sept. 14 survey from Deloitte. -
Without a cash infusion, this Pennsylvania hospital's future is uncertain, CEO says
Bucktail (Pa.) Medical Center CEO Tim Reeves told Becker's that a cash infusion is "really necessary" to ensure that the hospital can continue to pay its vendors and keep its doors open. -
17 profitable health systems in Q2
Many hospitals and healthcare systems have reported quarterly and first half financial results within the past several weeks. Here are 17 systems that have reported profitable results both in terms of operating income and, in some cases, net income. -
5 states with the lowest, highest initial claim denial rates
The weighted average initial claims denial rate for the top five states was 6.7 percent through the first six months of 2023 compared to 16 percent for the bottom five, according to a report published Sept. 11 by Crowe, a public accounting, consulting and technology firm. -
ChristianaCare partnership aims to improve patient billing experience
Wilmington, Del.-based ChristianaCare is partnering with AblePay to streamline the patient billing and payment experience. -
Advocacy group to CMS: Account for essential hospitals' needs in payment structures
CMS should adopt payment policies that recognize the role played by essential hospitals, advocacy group America's Essential Hospitals said in a Sept. 11 letter. -
Athenahealth taps senior VP of revenue cycle management
EHR vendor Athenahealth has named Neville Zar senior vice president of revenue cycle management. -
Missouri system cuts workforce by 130
West Plains, Mo.-based Ozarks Healthcare is to reduce its workforce by 130 full-time equivalent positions, according to multiple reports. -
Health systems revamp physician strategy
Health systems are seeking a new physician strategy as the healthcare ecosystem changes. -
Flagler Health+ gets credit rating upgrade to 'A-' amid merger
St. Augustine, Fla.-based Flagler Health+, which is combining with UF Health, the academic health center of the University of Florida, enjoyed a credit upgrade from "BBB" to "A-," S&P Global said Sept. 11. -
West Virginia systems partner on new Medicare Advantage plan
Morgantown, W.Va.-based WVU Medicine and Huntington, W.V.-based Marshall Health have partnered on a new Medicare Advantage plan through their health plan, Peak Health. -
Maine hospital to end birthing services
York (Maine) Hospital is closing its birthing center by the end of the month. Hospital officials noted that the decision to do so is the result of a decline in births and a shortage of workers, Portland Press Herald reported Sept. 12. -
Unemployment insurance fraud during pandemic could total up to $135B
Unemployment insurance fraud during the COVID-19 pandemic likely totaled between $100 billion and $135 billion, the Government Accountability Office said in a September report. -
Bed counts of 14 hospitals fined for price transparency violations
Fourteen hospitals have been fined for alleged price transparency violations, according to CMS' enforcement website. Six of the 14 hospitals have fewer than 100 beds. -
Why RCM is health systems' top IT spending priority
Revenue cycle management is the top IT spending priority for hospitals and health systems, according to a Sept. 12 report from KLAS Research and Bain & Co. -
Orlando Health operating margin dips to 7.9%
Orlando (Fla.) Health has reported an operating income of $118.2 million in the second quarter, a $18.7 million (14 percent) decrease from the prior year period. Its operating margin dropped from 10.1 percent in the second quarter of 2022 to 7.9 percent in the same period this year. -
RCM provider Aspirion acquires AI company
Revenue cycle management provider Aspirion has acquired Infinia ML, an artificial intelligence and machine learning company. -
Cleveland Clinic hospitals broken down by state, bed count
Cleveland Clinic opened Mentor Hospital in July, increasing the number of hospitals in the health system to 23. -
Mayor calls on Oregon governor to keep PeaceHealth hospital open
Lucy Vinis, mayor of Eugene, Ore., has called on Oregon's governor and the state's health authority to keep the city's University District Hospital open, according to a Sept. 11 KLCC report. -
Mississippi hospital denied critical access status
CMS has declined to designate Greenwood (Miss.) Leflore Hospital as a critical access hospital, Mississippi Today reported Sept. 11.
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