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More in Financial Management

Valley Medical Center in Renton, Wash., has proposed a health services levy increase that will appear on the November ballot. In September, the community safety-net hospital said that its board of commissioners adopted a health services levy that will appear…

Hudson, N.Y.-based Columbia Memorial Health has submitted an application with federal regulators to convert to a critical access hospital. If approved by CMS, the hospital — part of Albany (N.Y.) Med Health System — would reduce its number of licensed…

R1 RCM has launched the Phare Operating System, which it said is healthcare’s first revenue operating system powered by enterprise-grade artificial intelligence. The Phare OS is built to deploy agentic and labor tools across the revenue cycle to improve throughput,…

Nearly 60% of Americans are extremely concerned or very concerned about rising healthcare costs, according to a recent survey from The Associated Press-NORC Center for Public Affairs Research. The results are based on a survey, released Oct. 21, of 1,289…

Nashville, Tenn.-based HCA Healthcare reported a net income of $1.6 billion (8.6% margin) in the third quarter, a significant improvement on the $1.3 billion net income (7.3% margin) posted in the third quarter of 2024. HCA said the strong financial…

The American Hospital Association is urging CMS to delay its Medicare prior authorization pilot — the Wasteful and Inappropriate Service Reduction initiative — by at least six months. “This timeframe is impractical for providers and jeopardizes the administration’s goal of…

Franklin, Tenn.-based Community Health Systems reported an operating income of $243 million (7.9% margin) in the third quarter, a significant improvement on the $205 million operating loss (-6.6% margin) in the same quarter last year.  After accounting for taxes, interest…

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