Today's Top 20 Health Finance Articles
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Mercy Iowa City has hired 87 employees since bankruptcy filing
Babies continue to be delivered, surgeries continue to be performed, and there are even new jobs being filled at the bankrupt Mercy Iowa City community hospital. -
10 hospital bankruptcies in 2023
Nacogdoches Memorial Hospital in Texas became the latest hospital to file for bankruptcy in 2023. Here is more information about that and nine other hospital bankruptcies in 2023: -
Hospital expenses: 48 statistics
While healthcare revenues have increased, so have overall expenses, according to the latest Kaufman Hall "National Hospital Flash Report." -
OhioHealth reports 5.3% operating margin, net income of $906M
Columbus-based OhioHealth has reported full-year operating income of $303.7 million on revenue of $5.7 billion for the fiscal year ending June 30. -
14 hospital price transparency fines from highest to lowest
CMS has issued fines to 14 hospitals for alleged price transparency violations. -
Los Angeles County eyeing $2B medical debt relief plan
A June report from the Los Angeles County Department of Public Health found that county residents had more than $2.6 billion in outstanding medical debt as of 2021. Now county officials are considering a plan that could forgive more than $2 billion in medical debt. -
Rite Aid at risk of NYSE delisting
The New York Stock Exchange has notified Rite Aid that it is no longer in compliance with minimum listing requirements. -
Baystate Health sells lab assets
Springfield, Mass.-based Baystate Health sold its laboratory assets for an undisclosed amount to Labcorp. -
Outpatient vs. inpatient revenue trends: 48 statistics
Both outpatient and inpatient volumes improved in August versus the previous month, reversing some decline seen in July over June, according to the most recent "National Hospital Flash Report" from Kaufman Hall. -
Optum inks operational partnership with Wisconsin health system, will hire 800+ employees
Optum is hiring more than 800 employees from Waukesha, Wis.-based ProHealth Care and will begin managing the health system's revenue cycle management, information technology, informatics, analytics and inpatient care management. -
Majority of Mississippi hospitals unlikely to receive promised funds
Months after Mississippi lawmakers approved a $103.7 million grant program to support the state's struggling hospitals, it turns out that many of them will be ineligible for such funds, according to an Oct. 3 Mississippi Today report. -
FEMA lifts disaster relief funding pause for hospitals
The Federal Emergency Management Agency has resumed processing disaster relief funding following Congress' passage of a continuing resolution that will fund the federal government through Nov. 17. -
HCA closes Florida mental health hospital
Nashville, Tenn.-based HCA Healthcare made the temporary closure of its hospital in New Richey, Fla., permanent and consolidated services to two other hospitals in the region. -
Ascension vs. Trinity vs. CommonSpirit: How the big 3 compare financially
St. Louis-based Ascension, Chicago-based CommonSpirit and Livonia, Mich.-based Trinity Health are the three largest Catholic nonprofit healthcare systems in the country, operating a total of 370 hospitals. -
Hospital profitability: 48 statistics
The average hospital operating margin in August rose slightly from July and has increased year over year by 8 percent, according to the latest "Kaufman Hall National Flash Report." -
Medicaid DSH cuts delayed by Congress' stopgap funding bill
Medicaid Disproportionate Share Hospital cuts are delayed for the duration of a continuing resolution passed by Congress to fund the government through Nov. 17, according to the American Hospital Association. -
CMS rescinds price transparency fine against DC hospital
CMS has rescinded a $677,440 fine against Washington, D.C.-based Saint Elizabeths Hospital after it was determined the hospital met exception criteria, an agency spokesperson told Becker's. -
Healthcare Finance Trends for 2023: A Mid-Year Update
In late 2022, CommerceHealthcare® published its annual assessment of leading issues and opportunities influencing providers. Healthcare Finance Trends for 2023 – Multiple Intersecting Challenges (Trends Report) offered eight themes in four overarching categories: Financial Patient financial experience Digital transformation Building trust -
Oroville Hospital downgraded as cash availability slips
Oroville (Calif.) Hospital, which has faced questions over whether it can pay for a $178 million expansion project, has been downgraded to "B" amid operating challenges and violation of certain financial covenants, S&P Global said Sept. 29. -
Trinity Health contract labor costs surge almost 50%
While many healthcare systems have been reporting reduced numbers on their contract labor, Livonia, Mich.-based Trinity Health highlighted a surge in those specific expenses when it released full-year fiscal results Sept. 29.
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