Jacksonville, Fla.-based Wolfson Children's Hospital received a landmark gift from the Borowy Family Foundation, which will go toward its project for a $224 million critical care tower.

Hospitals that were in a strong financial position before the pandemic received more money from the Provider Relief Fund than those with weaker balance sheets, according to a new study published Oct. 22 in JAMA Health Forum. 

Here are five recent donations to healthcare organizations reported by Becker's since Oct. 8.

Nashville, Tenn.-based HCA Healthcare saw strong growth in revenue and profit in the third quarter of 2021 compared to the same period last year. 

The Next Generation ACO Model has saved Medicare $667 million in the last four performance years, but the model is operating at a loss with performance payouts, according to an evaluation of it released Oct. 21.

The National Center for Advancing Translational Sciences, part of the National Institutes of Health, gifted Penn State more than $25 million for clinical and translational research and more collaboration within the organization and the community.

Michele Cusack serves as senior vice president and CFO of Northwell Health, a 23-hospital system with $13.4 billion in annual revenue.

Massachusetts General Hospital is hoping to raise $1 billion in donations through the end of 2024 after already receiving $2 billion over the last four years, marking the largest campaign in the history of any academic medical center in the U.S., The Boston Globe reported Oct. 21.

The former CEO of Nashville, Tenn.-based HCA Healthcare and his wife made a $10 million donation to Belmont University's medical school, the university announced Oct. 20. 

New Hyde Park, N.Y.-based Northwell Health has partnered with financial engagement platform Cedar to improve the financial experience of patients across its 23 hospitals and hundreds of outpatient facilities.

Tower Health, a seven-hospital system based in West Reading, Pa., has made headlines in the past year as it navigated financial troubles and worked to improve margins. Below is a timeline of some of the key stories about Tower Health's finances since last fall.

Dallas-based Tenet Healthcare saw many of its key financial metrics improve in the third quarter of 2021, according to its financial report released Oct. 20. 

The American Hospital Association penned a letter Oct. 19 urging CMS to implement measures to closely oversee provisions of the No Surprises Act and to release more guidance and resources about compliance with the surprise-billing rule before enforcing it. 

A proposed wage system that would pay starting employees less than their more experienced colleagues has 30,000 Kaiser Permanente workers ready to strike. The Oakland, Calif.-based system says a two-tiered wage model would help contain costs for consumers, Bloomberg Law reported Oct. 20. 

The healthcare revenue cycle landscape is complex. Investment in EHR tools and other technologies has accelerated, yet clinicians remain burned out, operations teams are working on razor-thin margins and patients aren't loyal. 

Target Chairman and CEO Brian Cornell and his wife, Martha Cornell, donated $10 million Oct. 20 to the Sarasota (Fla.) Memorial Healthcare Foundation to create a new behavioral health facility.

The cost of a complex and noncomplex COVID-19 hospitalization in each state varies, according to a new interactive map from Fair Health, an independent nonprofit focused on enhancing price transparency in healthcare.

A group of nine New York labor unions that provide health coverage have joined to launch the Coalition for Affordable Hospitals to bring down rising hospital costs, the Gothamist reported Oct. 19.

Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise.

On behalf of its nearly 5,000 member hospitals and health systems, the American Hospital Association is urging CMS to revise proposed regulations around prior authorizations and address "problematic" usage of prior authorizations by certain Medicare Advantage health plans.