Medicare Advantage provides health coverage to more than half of the nation's older adults, but some hospitals and health systems are opting to end or not renew contracts with some MA plans over administrative challenges.

Fountain Valley Calif.-based MemorialCare laid off 58 employees on June 16 at its Long Beach (Calif.) Medical Center and Long Beach-based Miller Children’s and Women’s Hospital, according to a WARN notice. “Earlier this week, the hospitals implemented changes resulting in…

Leaders from some of the nation’s largest Catholic health systems — CommonSpirit Health, SSM Health, Avera Health, Christus Health and Covenant Health — are uniting in opposition to Senate Republicans’ proposed Medicaid cuts, warning that the legislation would deepen financial…

R1 RCM has named Dave Wojczynski president to lead the company’s physician revenue cycle management business.  Mr. Wojczynski most recently served as CEO of Revecore, according to a June 18 R1 news release. He previously served as president of TransUnion…

Sandusky, Ohio-based Firelands Health has struck a revenue cycle management agreement with Ensemble Health Partners.  “We are excited to partner with Ensemble and gain insight with their expertise and technological innovation in the revenue cycle industry,” Firelands CFO Kevin Riley…

Middletown, N.Y.-based Garnet Health announced a restructuring plan June 17 that includes workforce reductions, outpatient service closures and leadership changes — a move the health system says is necessary to remain financially sustainable amid ongoing reimbursement pressures. The restructuring will…

Bradenton, Fla.-based MCR Health, a nonprofit medical group, has exited Chapter 11 bankruptcy after it sought protection in mid-November. “Over the past several months, MCR Health has faced financial challenges head-on, and through the collective resilience and dedication of its…

Senate Republicans are proposing deeper and broader cuts to Medicaid than their counterparts in the House — heightening concerns among hospital leaders who were already warning of significant risks to patient access, insurance coverage and financial stability for providers. The Senate…

Of the 27 hospitals CMS has fined for alleged price transparency violations, only two have bed counts above 550, while nine have 30 or fewer beds. CMS bases its civil monetary penalties on hospital bed counts. Fines fall into three…

As hospitals and health systems face increasing pressure to maintain margins and secure sustainable reimbursement, a growing number of leaders are turning to an old business truth: What gets measured, gets managed. Payer “scorecards” are gaining traction as hospitals seek…