Boston-based Dana-Farber Cancer Institute has reported a $54.3 million operating income for the six months ending March 31.

Inflation, rising healthcare costs and allegations of questionable business practices may be some of the reasons why lawmakers are increasingly pushing back on hospitals and health systems, according to a June 8 Roll Call article.

From expanding health plans to developing destination programs and ramping up their ambulatory surgery center presence, health systems are focused on growth in many areas. 

Los Angeles County residents had more than $2.6 billion in outstanding medical debt as of 2021, according to a June 2023 report from the Los Angeles County Department of Public Health. 

Hospital financial leaders can take a momentary breath of relief as revenue growth outpaced ever-increasing expenses for the second month in a row, according to the April 2023 "Syntellis Performance Trends-Healthcare" report. 

Here are the highest rated end-to-end revenue cycle management outsourcing vendors for 2023, according to a survey of healthcare financial leaders conducted by Black Book Research. 

Texas lawmakers have condemned a federal rule that could see the state lose about $8.4 billion in Medicaid funding, Allied News reported June 8. 

Lebanon, N.H.-based Dartmouth Health is laying off 75 workers and eliminating 100 job vacancies at Dartmouth Hitchcock Medical Center and Dartmouth Hitchcock Clinics, a Dartmouth Health spokesperson told Becker's on June 8.

In the first quarter of 2023, 17 healthcare companies with more than $10 million in liabilities filed for Chapter 11 bankruptcy, a sharp rise compared to seven bankruptcies in the first quarter of 2022, Bloomberg Law reported June 9.

Seattle Children's is eliminating 135 leader roles, citing financial challenges.

Chester, Pa.-based Crozer Health and its parent company Prospect Medical Holdings, are struggling to foot the bill for ambulance repairs, NPR affiliate WHYY reported June 7.

CMS is piloting a value-based primary care model in eight states through the Center for Medicare and Medicaid Innovation that will seek to create more coordinated care for rural and underserved populations.

Cortez, Colo.-based Southwest Memorial Hospital will temporarily shutter its family birthing center beginning July 1. 

Health systems are ramping up investments in ambulatory surgery centers and forming joint ventures with outpatient partners to accelerate the development of new centers. The trend is picking up steam as complex procedures increasingly move to ASCs, which are steadily growing as the preferred site of service for physicians, patients and payers. 

Administrative burdens such as prior authorization are forcing increasing numbers of physician-owned practices to seek alternative owners, the American Hospital Association said in a June report.

Spending on end-to-end revenue cycle optimization is up 17 percent on average in the post-pandemic period, and the trend is expected to continue through 2028, according to a survey by Black Book Research.  

New York City Council is expected to pass a bill that will create a first-of-its-kind healthcare accountability office to analyze hospital costs and provide information about prices online, the New York Times reported June 7. 

The American Hospital Association called a Health Affairs study critical of how nonprofit hospitals managed finances before the pandemic "flawed" and said it is "of no real value to policymakers and other stakeholders" in a June 7 blog post.

From the expansion of South Dakota's Medicaid program to updated COVID-19 vaccination and education guidelines for long-term care facilities, here are four key CMS developments from the past two weeks: 

Quincy, Mass.-based Compass Medical Group has filed for Chapter 7 bankruptcy less than one week after it abruptly closed and discontinued services to about 70,000 patients, according to The Patriot Ledger.