Today's Top 20 Health Finance Articles
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5 health systems seeking revenue cycle vice presidents
Five hospitals and health systems recently posted job listings seeking revenue cycle vice presidents. -
USF CFO's role pivots to support Tampa General partnership
Richard Sobieray, CFO of the University of South Florida, will transition his efforts to advancing the university's partnership with Tampa General Hospital at an unspecified date, the Tampa Bay Business Journal reported Oct. 20. -
Physicians criticize HCA's management of Mission Health
Fifty physicians have penned a letter criticizing HCA Healthcare's "for-profit-driven-changes" to Asheville, N.C.-based Mission Health, which it acquired for $1.5 billion in 2019, according to Asheville Watchdog, a nonprofit, nonpartisan news publication. -
Intermountain's approach to 'value'
Salt Lake City-based Intermountain Health has been a leader in value-based care for years. The health system now includes 33 hospitals, 385 clinics and a health plan as well as key partnerships across the continuum of care. -
Rural Southern hospitals dominate in taking up REH designation
Only 15 hospitals have taken up the new rural emergency hospital designation, and 10 of them are in the southern part of the country, The Washington Post said in an Oct. 23 report. -
PeaceHealth files layoff notice ahead of Oregon hospital closure
Vancouver, Wash.-based PeaceHealth has notified state officials about layoffs associated with the closure of its Sacred Heart Medical Center University District hospital campus in Eugene, Ore. -
Economists ease recession predictions
Economists surveyed by The Wall Street Journal are less worried about a recession. -
New York system consolidates roles
Olean, N.Y.-based Upper Allegheny Health System has consolidated seven positions and expanded roles to "adapt to the current climate and organizational needs," a spokesperson for the system told the Olean Times Herald. -
Shuttered Texas hospital may get 2nd chance
St. Mark's Medical Center in La Grange, Texas, shuttered on Oct. 12 — not for a lack of trying. -
How Vanderbilt is expanding access to care
Growing access to care through capital expansion projects is one of the top priorities for Nashville, Tenn.-based Vanderbilt University Medical Center. -
Trinity Health investing aggressively in Medicare Advantage, COO says
Some hospitals and health systems may be souring on Medicare Advantage, but one of the country's largest nonprofit systems is instead full steam ahead on the program. -
Minnesota system latest to drop weight loss drug coverage for employees
Minneapolis-based Hennepin Healthcare is ending coverage for Wegovy and other injectable weight loss drugs from its employee health insurance plan next year, the Star Tribune reported Oct. 20. -
'Fiscal prudence on steroids': Hospital CEOs plan for 2024
Faced with continued economic headwinds for 2024, independent and rural hospital CEOs are staying financially conservative while investing in technology and the workforce for the next year. -
4 reforms could save Medicare, Medicaid billions of dollars
Medicare and Medicaid are projected to grow faster than the economy over the next decade and will therefore require initiatives to reduce expenditures without harming patients, according to an Oct. 20 Health Affairs report. -
Merging Baptist Memorial has outlook revised to negative
Memphis, Tenn.-based Baptist Memorial Health Care had its outlook revised to negative amid sustained operational challenges, S&P Global said Oct. 19. -
ProMedica to lay off 122
Toledo, Ohio-based ProMedica plans to lay off 122 employees who work at its home health agency in Sylvania, Ohio, according to a WARN notice filed Oct. 17 with state officials. -
Virginia politicians likely to investigate failed VCU Health project
There has been a lot of recent scrutiny regarding the failed VCU Health project in downtown Richmond, and now Virginia legislators are likely to investigate it, Richmond BizSense reported Oct. 17. -
Physician-owned hospitals can save more than $1B annually: Report
Total payments for some of the most expensive diagnostic groups were between 8% to 15% lower in physician-owned hospitals than traditional facilities, a report analyzing 2019 Medicare data found. -
Medicare Advantage changes force Optum Health to pivot
CMS announced plans in March to implement Medicare Advantage risk adjustment changes phased in over the next three years, and Optum is adjusting. -
Indiana systems referring Medicaid patients to federal healthcare clinics
Health systems in Indiana, including South Bend-based Beacon Health System, are increasingly referring patients on Medicaid to federally supported clinics and centers as their financial woes continue, according to an Oct. 18 report from NBC affiliate 16NewsNow.
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