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More in Financial Management

Up to 650 employees are being laid off at Nashville, Tenn.-based Vanderbilt University Medical Center as it plans to reduce operating costs by more than $300 million in response to government-sponsored medical research and anticipated reductions to Medicaid reimbursement.  VUMC…

In the era of price transparency, health systems don’t just need more data—they need sharper tools. That’s why Trek Health’s newest product release, Competitive Market Analysis (CMA), is designed to help provider organizations navigate complex rate data with confidence, clarity,…

Senate Republicans are working on provisions in the “One Big Beautiful Bill Act” to provide funding for financially struggling rural hospitals to ease concerns from some colleagues that hospitals in their states could close if the bill becomes law, Bloomberg…

As Senate Republicans advance proposals for deeper and broader Medicaid cuts than those already passed by the House, health system leaders — particularly in Catholic, mission-driven systems — are escalating their advocacy efforts behind the scenes in Washington, D.C. During…

National Institutes of Health grant terminations have hit some states dramatically harder than others, with just three accounting for more than two-thirds of all rescinded funding this year, according to a June 17 report from Grant Watch.  Since March, more…

The National Institutes of Health has rescinded more than $3.2 billion in research grants nationwide this year, according to a June 17 report from Grant Watch. Grant Watch is a volunteer-led project that tracks terminated scientific research grants — specifically…

DuBois, Pa.-based Penn Highlands Healthcare laid off about 36 positions across two hospitals, citing continuing post-COVID-19 financial challenges, the Pittsburgh Post-Gazette reported June 18.  The cuts affect Penn Highlands Connellsville (Pa.) and Penn Highlands Mon Valley in Monongahela, Pa., according…

Global professional services company Huron is acquiring revenue cycle consulting firm Eclipse Insights in a deal that is expected to close later in June.  Eclipse will be included in Huron’s healthcare operating segment, according to a June 18 news release.…

Brattleboro (Vt.) Memorial Hospital has cut six administrative positions as it aims for $4 million in reductions and new revenue to balance its $119 million annual budget, VTDigger reported June 12.  The layoffs impacted the senior director of revenue cycle,…

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