Today's Top 20 Health Finance Stories
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Trump's drug plan could lower total spending, but increase patient costs, study finds
While a new proposal from the Trump administration may lead to reductions in overall prescription drug spending, some Medicare beneficiaries could see their out-of-pocket costs increase, according to a study published in JAMA Internal Medicine. - 1/15/19 -
Florida ER lowers bill after $5K charge for 4 stitches
A Florida woman said her husband went to the emergency room for a minor cut and was charged $5,000, according to WFTV. - 1/15/19 -
Moody's assigns 'A2' rating to Kettering Health Network
Moody's Investors Service assigned an "A2" rating to Dayton, Ohio-based Kettering Health Network. - 1/15/19 -
RCM tip of the day: Keep healthcare pricing data current
Health systems should update antiquated pricing benchmarks to boost revenue cycle integrity and performance, said Kevin Smith, vice president of product management at nThrive, a revenue cycle management company. - 1/15/19 -
S&P assigns 'A+' rating to Indiana's Marion General Hospital
S&P Global Ratings assigned an "A+" long-term rating to Marion (Ind.) General Hospital. - 1/15/19 -
Positive outlook seen for US healthcare stocks this year
Moving into 2019, Wall Street research firms have a positive outlook for U.S. healthcare stocks, according to a Reuters report. - 1/15/19 -
10 hospitals seeking CFOs
Below are 10 hospitals and health systems that posted job listings seeking CFOs during the past week. - 1/15/19 -
Kansas hospital is stable despite manager's financial struggles, CEO says
The CEO of Horton (Kan.) Community Hospital said the a 25-bed critical access hospital is stable despite the financial struggles of its manager, The Topeka Capital-Journal reported. - 1/14/19 -
Trump administration working on plan for Medicaid block grant program
The Trump administration is considering a plan to transform Medicaid into a block grant program, according to The Hill. - 1/14/19 -
Nevada providers, insurers hopeful for consensus this year on surprise billing solution
Nevada legislation to address surprise emergency bills could be closer to fruition, The Nevada Independent reported. - 1/14/19 -
New York hospital loses bid to continue running VA clinic after 20 years
Auburn (N.Y.) Community Hospital requested federal representatives look into why it didn't win a bid to continue operating an outpatient clinic for veterans in Auburn, according to The Citizen. - 1/14/19 -
Virginia overstated child Medicaid enrollment to CMS, resulting in millions in overpayments
CMS overpaid Virginia $13.8 million in bonus payments related to its Children's Health Insurance Program and Medicaid programs, according to HHS' Office of Inspector General. - 1/14/19 -
Florida health system donors redirect funds amid admissions policy controversy
Providers around Naples, Fla.-based NCH Healthcare System are seeing increased financial support as donors shift their gaze from the health system in light of a controversial admissions policy, according to the Naples Daily News. - 1/14/19 -
Arkansas hospital allocates $50K to keep ER staffed
The Eureka Springs (Ark.) Hospital Commission says it's committed to keeping the hospital's emergency room staffed and opened, despite ongoing financial issues, according to the Lovely County Citizen. - 1/14/19 -
Rennova paid CHS $635K for Tennessee hospital
Palm Beach, Fla.-based Rennova Health recently disclosed how much it paid to acquire a Tennessee hospital from Franklin, Tenn.-based Community Health Systems. - 1/14/19 -
A recession is coming: What it could mean for healthcare
More than half of 147 CFOs surveyed by Deloitte believe the U.S. will be in a recession by the end of 2020. - 1/14/19 -
Spectrum Health's children's hospital, Health Pointe partner on physician education
Grand Rapids, Mich.-based Spectrum Helen DeVos Children's Hospital and Grand Haven, Mich.-based Health Pointe have partnered to expand educational opportunities for physicians, according to the Grand Haven Tribune. - 1/14/19 -
Alabama hospital workers' health coverage at risk after system misses payments
Healthcare workers at Eutaw, Ala.-based Greene County Health System may see their health benefits terminated, according to local news station WVUA 23. - 1/14/19 -
Moody's affirms 'Ba3' rating for Antelope Valley Healthcare District
Moody's Investors Service affirmed its "Ba3" rating for Lancaster, Calif.-based Antelope Valley Health District, which includes Antelope Valley Hospital, affecting $122 million of revenue bonds. - 1/14/19 -
Moody's affirms 'Ba2' rating for Community Memorial Health System
Moody's Investors Service affirmed Ventura, Calif.-based Community Memorial Health System's "Ba2" rating, affecting $339 million of rated debt. - 1/14/19