Dallas-based Tenet Healthcare's cost-cutting initiatives most captured the attention of Becker's Hospital Review finance readers this week.
The following were among the most-viewed finance stories on Becker's Hospital Review.
1. Tenet shutters 4 regional management offices to cut costs
Tenet Healthcare closed four regional management offices as the Dallas-based hospital operator continues efforts to improve its financial picture.
2. CMS revokes physician's Medicare billing privileges over $670 in questionable charges
Bryan Merrick, MD, a physician at McKenzie (Tenn.) Medical Center who has been practicing medicine for more than three decades, says CMS is pulling his Medicare billing privileges due to clerical errors.
3. Edward-Elmhurst's operating income plummets 90% in FY 2017
Edward-Elmhurst Health, a three-hospital system based in Naperville, Ill., saw revenues increase in fiscal year 2017 but ended the period with significantly less operating income than in the year prior.
4. Tennessee hospital closes after falling 94% short of GoFundMe goal
Copper Basin Medical Center, a critical access hospital in Copperhill, Tenn., closed Oct. 1.
5. Michael Jordan donates $7M to Novant Health
Michael Jordan, basketball legend and majority owner of the Charlotte Hornets, is donating $7 million to Winston-Salem, N.C.-based Novant Health to build two medical clinics.
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