Healthcare finance news for hospital and health system leaders

Amid mounting reimbursement complexity, rising denial rates and staffing challenges, organizations ranging from independent rural hospitals to large, multihospital systems are striking partnerships with revenue cycle management firms.  Here are 11 hospitals and health systems that have outsourced revenue cycle…

As ACA open enrollment gets underway, Oregon’s Division of Financial Regulation is warning consumers about health plans that label enrollees “limited partners” or “employees” to avoid state consumer-protection rules, as well as “sharing” plans that are not insurance. In a…

Peterborough, N.H.-based Monadnock Community Hospital canceled some outpatient appointments due to a network outage Nov. 10, according to a Facebook post from the hospital. The outage began Nov. 9 when the hospital experienced a phone outage, according to a separate…

Florence, S.C.-based McLeod Health reported an operating income of $137.5 million in fiscal 2026, ending June 30, a 9.7% dip from last year’s $152.2 million (7.27% margin). Five things to know: 1. The system’s reported total revenue was $2.26 billion,…

Two major health systems are making multibillion-dollar investments in ambulatory surgery centers, underscoring a broader industry shift toward outpatient care as more surgical procedures move away from traditional hospital settings. Cincinnati-based Bon Secours Mercy Health is pursuing an acquisition of…

Most hospitals aren’t ready for Medicare’s mandatory joint replacement bundle, according to a Duke surgeon leading his system’s preparation. CMS finalized the Comprehensive Care for Joint Replacement Expanded model July 31 in its fiscal 2027 inpatient payment rule. Starting Jan.…

Since the beginning of November, one Pennsylvania hospital has had its license revoked and closed, and another has landed in bankruptcy court facing sale or closure.  On Nov. 1, Meadowbrook, Pa.-based Redeemer Health sought Chapter 11 bankruptcy protection, with plans…

Port Angeles, Wash.-based Olympic Medical Center has not yet decided to downsize to a critical access hospital after a committee presentation outlined what that could look like.  The designation would downsize the 67-bed hospital to just 25 and outsource rehabilitation…

San Francisco-based Charta Health raised $55 million in Series B funding for its AI chart review platform, according to a Nov. 10 news release. This round was led by Insight Partners and brings the company’s total funding to $85 million.…

Coral Gables, Fla.-based Baptist Health will move services, including urgent care and its physician practices, out of its Miami Beach (Fla.) medical center to other system locations by spring 2027. “This was not a decision we made lightly and reflects…