Reaching the highest level since 2021, 11% of U.S. adults are considered “cost desperate,” a group Gallup defines as those who recently could not afford needed care and medicine. Overall, more than one-third of U.S. adults report they cannot access…

Hospital financial performance held steady in February, although hospitals saw a drop in patient demand and utilization, according to Strata. The firm collected data from 1,600 hospitals to measure financial and operational performance. Here are five observations from the report…

Healthcare revenue cycle management company Aspirion appointed Scott Doolittle CFO, effective April 1.  Mr. Doolittle previously served as CFO of Quantum Health, where he led significant financial growth through a combination of strategic mergers and acquisitions and organic growth initiatives. …

Columbus-based OhioHealth has seen a significant growth over the last few years, and acquired its 16th hospital, Mount Gilead, Ohio-based Morrow County Hospital, on Jan. 1. The hospital was its third acquisition over a five- to six-year timeframe, including multiple…

Farmers Branch, Texas-based Southwestern Health Resources and Blue Cross Blue Shield of Texas have reached a new contract agreement. The insurer and health system went out of network April 1. The two sides reached a new deal April 4, according…

Health systems are struggling with their operating margins, forcing leaders to consider cost-cutting moves. However, undertaking cost-saving projects can be a minefield if projects are not carefully assessed by multifunctional internal teams and supported by data analytics partners. During a…

Columbia, Mo.-based MU Health Care will be out-of-network with Anthem Blue Cross Blue Shield, effective April 1.  The split affects Anthem Medicare Advantage, commercial and ACA plan members, according to a statement from MU Health Care.  In an open letter…

Insight Hospital and Medical Center Trumbull and Hillside Rehabilitation Hospital, two troubled Warren, Ohio-based hospitals that halted all operations March 27, have furloughed all employees, including management. The furloughs affected 143 employees at both hospitals, according to a March 28…

Health system leaders are reorganizing teams and redesigning care delivery to prepare for long-term growth. They’re taking steps to “do more with less” amid staff shortages and tightening budgets. But one thing that’s untouchable in pursuit of growth, according to…

Multiple health system CFOs recently traveled to Washington, D.C., to meet with lawmakers on Capitol Hill, advocating against proposed Medicaid cuts that could threaten access to care and lead to the closure of essential hospital services. Health system executives participating…