Today's Top 20 Health Finance Articles
-
Johns Hopkins hospital's potential financial fallout from $261M Netflix case verdict
Attorneys for St. Petersburg, Fla.-based Johns Hopkins All Children's Hospital said they plan to appeal the verdict that requires the hospital to pay $261 million in damages to the family of 17-year-old Maya Kowalski, whose case was made famous by a Netflix documentary, the Tampa Bay Times reported Nov. 13. The appeal is likely to delay payments until next year, but if unsuccessful, the hospital could face significant headwinds. -
HCA to invest $5B to help build market share
Nashville, Tenn.-based HCA Healthcare may be coy about giving guidance for 2024 but it has big plans for the next few years as it seeks to build its market share to 29% by 2030. -
'Shrinkflation' hits healthcare
Healthcare is kind of like cereal, according to a Nov. 13 LinkedIn article by Robert Pearl, MD. -
63 health systems with strong finances
Here are 63 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings, Moody's Investors Service and S&P Global in 2023. -
Hospital execs embrace 'spend to save' mindset
Reducing expenses doesn't always mean making cuts. Sometimes it takes an initial investment to realize future savings. -
Distressed California hospital reports negative metrics as revenues under budget
Inpatient revenue may be as much as 21% under budget as El Centro (Calif.) Regional Medical Center reported a number of metrics detailing pressure on the distressed system. -
No Surprises law weighs heavily as bond debt looms
Healthcare companies and their investors are looking carefully at maturing debt amid growing concern over the federal No Surprises Act, Bloomberg News said Nov. 13. -
Transformation is No. 1 on the to-do list for Allegheny Health's CFO
Allegheny Health Network CFO James Rohrbaugh has value-based care, workforce support and digital transformation on his mind. -
R1 RCM to restate financial statements after errors discovered
R1 RCM will restate previously issued financial statements for 2021, 2022 and the first two quarters of 2023. -
California hospital that filed for bankruptcy inks 2-year contract with Anthem Blue Cross
Hollister, Calif.-based Hazel Hawkins Memorial Hospital has signed a new two-year agreement for commercial/employer-sponsored plans with Anthem Blue Cross — the largest insurer in San Benito County, according to a Nov. 13 news release. -
Risant target Geisinger affirmed at 'AA-'
Danville, Pa.-based Geisinger, the first health system targeted by Kaiser Permanente under its new Risant Health value-based care project, has been affirmed an "AA-" credit rating, S&P Global said Nov. 13. -
Prior authorizations are top burden for medical groups: MGMA
Prior authorization is the most burdensome regulatory issue facing medical groups, with 89% saying it is very or extremely burdensome, according to a Nov. 13 report from the Medical Group Management Association. -
6 Strategies for Hospitals Solving Financial Challenges in Postpartum Care
Postpartum care is critical to ensuring the long term well-being of both mother and child. However, maternity services are often loss leaders inside a given hospital system. -
Minnesota hospital margins worsen: 4 things to know
Median hospital and health system operating margins plunged by more than $190 million for the first six months of 2023, with average losses almost doubling from 2022, according to Nov. 13 report from the Minnesota Hospital Association. -
How revenue cycle leaders can be intentional about automation
Revenue cycle leaders don't expect their workflows to go away due to automation, but instead believe manual workflows will be minimized, according to a Nov. 7 report from KLAS. -
Where 46 health system executives will focus to cut expenses in 2024
Becker's asked C-suite executives from hospitals and health systems across the U.S. to share their organization's areas of growth for the next few years. -
Rural hospitals' maternity care crisis
Only 45% of U.S. rural hospitals currently offer labor and delivery services, and in 10 states, less than 33% do, according to the Center for Healthcare Quality and Payment Reform. -
Mayo Clinic moves to limit weight loss drug coverage for employees
Mayo Clinic will limit coverage for weight loss drugs through its employee health plan starting in 2024, the Post Bulletin reported Nov. 11. -
Baystate Health goes cashless
Springfield, Mass.-based Baystate Health went cashless Oct. 1, according to an Oct. 25 report from The Republican. -
Michigan teaching hospital to bring in consultants amid debt covenant breach
Flint, Mich.-based Hurley Medical Center, a 457-bed public teaching hospital, is bringing in consultants after the system failed to meet debt service coverage requirements, according to a Nov. 10 filing.
Page 47 of 50