Today's Top 20 Health Finance Articles
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Cone Health's Q1 operating income falls 68%
Greensboro, N.C.-based Cone Health saw its revenue increase during the first quarter of fiscal year 2019; however, the health system experienced a decrease in operating and net income.
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Hospital Alliance of New Jersey CEO: State needs to reduce federal charity care cuts
New Jersey should work to reduce the effect of an impending decrease in charity care assistance, the president and CEO of the Hospital Alliance of New Jersey wrote in an op-ed for NJ Spotlight.
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3 recent RCM tips
Here are three expert revenue cycle management tips, published by Becker's Hospital Review on or after Feb. 7.
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California hospital surprised by sudden utility payments: 5 things to know
San Gorgonio Memorial Hospital in Banning, Calif., is trying to sort out details behind water use tied to meters on vacant land after surprisingly receiving utility bills totaling about $20,000, according to a Record Gazette report.
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Virginia hospital sees profits climb after LifePoint deal
Fauquier Hospital in Warrenton, Va., saw a significant financial boost after joining for-profit Brentwood, Tenn.-based LifePoint Health, according to FauquierNow.com.
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Care New England turns around Q1 operating loss
Providence, R.I.-based Care New England Health System is continuing its financial turnaround after closing Pawtucket, R.I.-based Memorial Hospital.
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14 recent hospital, health system outlook and credit rating actions
The following hospital and health system credit rating and outlook changes or affirmations occurred in the last week, beginning with the most recent: -
Premier Inc. to deploy enterprise resource planning solution
A recent press release by Premier Inc. announced their enterprise resource planning (ERP) solution across University Health System. -
Moody's affirms 'Baa1' rating for Ballad Health
Moody's Investors Service has affirmed its "Baa1" revenue bond ratings for Johnson City, Tenn.-based Ballad Health and Mountain States Health Alliance, affecting $535 million and $184 million of rated debt, respectively. -
Moody's affirms 'Aa2' rating for Children's Hospital of Philadelphia
Moody's Investors Service has affirmed its "Aa2" and "Aa2/VMIG 1" ratings for Children's Hospital of Philadelphia, affecting approximately $880 million of debt. -
Moody's affirms 'Baa3' rating for Shands Jacksonville Medical Center
Moody's Investors Service has affirmed its "Baa3" issuer rating and debt rating for Shands Jacksonville (Fla.) Medical Center, affecting $193 million in revenue bonds. -
Moody's downgrades Wood County Hospital Association's rating to 'Ba2'
Moody's Investors Service has downgraded Wood County (Ohio) Hospital Association from "Ba1" to "Ba2," affecting about $54 million of rated debt. -
Moody's assigns 'Aa2' rating to University of Iowa Hospitals & Clinics
Moody's Investors Service has assigned an "Aa2" rating to Iowa City-based University of Iowa Hospitals & Clinics' proposed hospital revenue bonds. -
Marin General CFO Jim McManus on how a 'personal board of directors' influences his leadership style
Jim McManus brings expertise in strategic planning, program development and supply chain management to his role as CFO of Greenbrae, Calif.-based Marin General Hospital.
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Network of clinics aims to reduce spending on ER visits
Reducing unnecessary emergency room visits continues to be a goal for hospitals seeking to control healthcare spending.
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Moody's affirms 'A1' rating for Legacy Health
Moody's Investors Service has affirmed its "A1" revenue bond rating for Portland, Ore.-based Legacy Health, affecting $480 million of rated debt. -
Moody's affirms MultiCare Health System's 'Aa3' rating
Moody's Investors Service has affirmed its "Aa3" revenue bond rating for Tacoma, Wash.-based MultiCare Health System, affecting $882 million of rated debt. -
Ballad Health reports 1.3% revenue jump in Q2
Johnson City, Tenn.-based Ballad Health saw its revenue and operating cash flow increase in the second quarter of fiscal year 2019.
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Kansas hospital abruptly closes
Oswego (Kan.) Community Hospital and its two affiliated clinics closed Feb. 14.
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Summa Health launches $75M fundraising campaign
Akron, Ohio-based Summa Health has announced a fundraising campaign with the goal of raising $75 million to support patient care and clinical quality, according to Cleveland.com.