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Ask a Revenue Cycle Leader is a new series featuring insights from health system and hospital revenue cycle executives nationwide.…
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Ask a Revenue Cycle Leader is a new series featuring insights from health system and hospital revenue cycle executives nationwide. Becker’s poses questions on the most pressing issues — from payer relations and automation to workforce and patient experience. We…
Renton, Wash.-based Providence has shared plans to reduce 296 roles across Renton-based Providence Swedish and 150 across Providence Oregon. At Providence Swedish, the 3.8% workforce reduction will affect the system’s Seattle-based Swedish First Hill Campus, Seattle-based Cherry Hill Swedish, the…
Nonprofit hospitals provided more than $149 billion in community benefits in 2022 — more than 11 times the value of their federal tax exemptions — according to a November analysis from the American Hospital Association and EY. The estimated federal…
Philadelphia-based Thomas Jefferson University, owner of Jefferson Health, reported an operating loss of $103.8 million (-2.5% operating margin) in the first quarter of fiscal 2026, including $19.4 million in restructuring costs, according to its Nov. 14 financial report. Restructuring costs…
New York City-based NYU Langone Health reported an operating income of $482.8 million on $15.4 billion in revenue for the fiscal year ended Aug. 31, 2025, maintaining a steady operating margin of 3.1%, according to financial documents published Nov. 17.…
Banner Wyoming Medical Center in Casper will reopen its east campus in January as a specialty hospital, according to a Nov. 18 news release. The campus, part of Phoenix-based Banner Health, will primarily offer orthopedic services and reopen after $6…
Amid intensifying healthcare industry operational pressures, Tom Buckley, senior vice president of revenue cycle and managed care at Marlton, N.J.-based Virtua Health, has found payer denials to be among the most significant challenges facing the revenue cycle. “We use the…
In anticipation of Medicaid cuts, a national focus on financially protecting rural hospitals might be misguided, a Nov. 17 report said, as it excludes facilities predicted to be hit the hardest: Urban hospitals. The One Big Beautiful Bill Act is…
CMS has issued preliminary guidance to states aimed at tightening rules on Medicaid provider taxes as part of the One Big Beautiful Bill Act. The agency projects the move will save more than $200 billion over the next decade. Earlier this…
Nearly half of U.S. adults are concerned they will not be able to afford healthcare in the next year, according to a Nov. 17 article from Gallup. This is the highest share recorded since Gallup and West Health began tracking…