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R1 RCM has received an investment from venture capital firm Khosla Ventures to further its push into AI-powered healthcare revenue…
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R1 RCM has received an investment from venture capital firm Khosla Ventures to further its push into AI-powered healthcare revenue cycle transformation. Khosla Ventures is a leading backer of AI companies, according to a May 28 R1 RCM news release.…
Greenville, N.C.-based East Carolina University Health has revealed its plan to reopen Williamston, N.C.-based Martin General Hospital as North Carolina’s first rural emergency hospital. The news comes after Martin County (N.C.) officials signed a nonbinding proposal with ECU Health in…
Secaucus, N.J.-based Hudson Regional Health, a four-hospital system, has been created as part of the final step in CarePoint Health’s bankruptcy exit. U.S. Bankruptcy Judge Kate Stickles approved the plan April 17, which went into effect May 22. The system…
CMS is ramping up federal oversight to prevent states from misusing federal Medicaid funds to care for undocumented immigrants. Federal Medicaid funds generally only cover emergency care for “noncitizens with unsatisfactory immigration status” who meet other eligibility criteria, but some…
Hospitals and health systems in rural areas face enormous operational and financial challenges. Rural markets represent 20% of healthcare in the U.S. but 1 in 4 rural hospitals are at extreme risk of closure. Over half of independent hospitals in…
Beginning June 1, Cleveland Clinic will reschedule nonemergency, outpatient appointments for patients who cannot make their copay before or at check-in. Services included in this policy change are scheduled office visits, diagnostic tests and procedures, according to the health system’s…
Orlando (Fla.) Health recorded an operating income of $94.7 million operating income (3.9% operating margin) in the second quarter of 2025, down from $126.9 million (7.2%) during the same period last year, according to its May 23 financial report. Four…
Vancouver, Wash.-based PeaceHealth has shared plans to reduce its workforce by 1% after months of financial and healthcare market review. All PeaceHealth employees received a May 22 email from Richard DeCarlo, executive vice president and COO, and Sarah Ness, executive…
Nashville, Tenn.-based HCA Healthcare and Dallas-based Tenet Healthcare are among the largest for-profit health systems in the U.S. Here are how both health systems stack up in facilities, teams, financials, strategy and more. HCA Healthcare: 192Tenet Healthcare: 49 HCA Healthcare:…
Washington, Ind.-based Daviess Community Hospital has shared plans to close its DCH Clinic of Jasper, effective May 30. All services and providers at the clinic will relocate to other DCH locations to continue seeing patients, according to a May 21…