Pittsburgh-based West Penn Allegheny Health System reported losses of $24.7 million in the most recent quarter, and now the financially beleaguered system may face a civil injunction from the U.S. Securities and Exchange Commission, according to a Pittsburgh Tribune-Review report.

Dan Moncher, CFO of Firelands Regional Medical Center in Sandusky, Ohio, has been with the 400-bed teaching hospital since 1997, and he has been instrumental in helping Firelands achieve financial stability.

In 2011, roughly 58.5 percent of workers with health coverage were in private sector self-insured health plans — a significant jump from 40.9 percent in 1998, according to a study from the Employee Benefit Research Institute (pdf).

As hospitals and other providers work toward the implementation of ICD-10, third-party billing services need to be part of the transition process, according to a recent CMS update.

Health insurer monopolies and oligopolies are becoming more widespread across the United States, as roughly 70 percent of metropolitans areas lack insurer competition and are "highly concentrated," according to a recent study from the American Medical Association.

New York's policy leaders, including Gov. Andrew Cuomo, New York City Mayor Michael Bloomberg and county officials, have estimated the damage cost of Hurricane Sandy is almost $42 billion — and $3.1 billion of that total represents damage to hospitals…

Yesterday, Arizona Gov. Jan Brewer (R) announced the state would not create a health insurance exchange.

Healthcare revenue consulting firm Besler Consulting has released a free summary of CMS' Hospital Outpatient Prospective Payment System final rule for 2013.

Layoffs have become common news in the hospital and healthcare industry, especially over the past couple years. In October alone, more than a dozen hospitals and health systems announced layoffs, including Baton Rouge-based Louisiana State University Health System's plan to…

Fred Savelsbergh is not a typical CFO in today's hospital and healthcare industry.