In 2008, Boca Raton (Fla.) Regional Hospital was faced with significant financial challenges. The hospital lost $120 million, $60 million of which was from operations, and its credit rating was heading in the wrong direction. The hospital had an "A"…

When Beaumont Health System CEO Gene Michalski appointed Nick Vitale as CFO last June, he knew exactly the type of financial leader he was getting.

Hospitals receiving meaningful use funds from the federal government are a "timely source" of money and are contributing to revenue growth, but bondholders must keep in mind the funds are temporary and only partially offset the technology costs, according to…

Ventral hernia repair, a common surgical procedure in the United States, may provide a lot of volume for hospitals, but a majority result in a net loss, according to a General Surgery News report.

New Jersey Republican Gov. Chris Christie has conditionally vetoed (pdf) Senate Bill 782, which would have required New Jersey for-profit hospitals to disclose their financial records publicly on the state Department of Health website.

Hospitals that are transitioning to ICD-10 need to be communicating with their software vendors, as vendors are instrumental for ICD-10 upgrades, testing and staff training, according to a CMS news update.

St. Louis-based Ascension Health signed a new contract worth up to $1.7 billion with Accretive Health, the debt collection agency recently banned from contracting with Minnesota hospitals for two years over its alleged violations of privacy and collections laws, according…

New York has officially filed a Medicaid 115 waiver (pdf) with the federal government to reinvest $10 billion of Medicaid savings back into the state's healthcare system.

The American Health Information Association is helping healthcare coders prepare for the imminent ICD-10 transition by releasing new online training courses, according to Healthcare IT News.

Alice Pope's 12 years in various financial executive roles within Wellmont Health System — an eight-hospital system based in Kingston, Tenn., with total revenue of $797 million last year — paid off as she was recently promoted to CFO.