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More in Financial Management

Bill Douglas has invested much of his professional life into Riverside Medical Center, a 325-bed hospital in Kankakee, Ill., that serves more than five surrounding counties, and his healthcare financial prowess has led him all the way to the top…

The relationship between a hospital's credit rating and its financial metrics is narrowly defined by credit rating agencies such as Standard & Poor's, Moody's Investors Service and Fitch Ratings, but similarly-rated hospitals could have very different financial pictures based on…

New York's Medicaid program has saved billions of dollars in its recent redesign, and now the state is asking the federal government to keep those savings to reinvest in Medicaid, according to a Times Union report.

A federal judge issued an injunction, requiring CoventryCares of Kentucky — one of three Medicaid managed care companies in the state — to pay for the Medicaid services of patients at Appalachian Regional Healthcare until November 1, according to a…

Moody's Investors Service recently revised its rating outlook for Franklin, Tenn.-based Community Health systems from negative to stable on CHS' $9.7 billion of rated debt.

The American Hospital Association recently submitted comments (pdf) to CMS regarding the fiscal year 2013 Inpatient Prospective Payment System proposed rule, urging several changes — especially regarding documentation and coding.

North Carolina's Department of Health and Human Services fired Craigan Gray, MD, as Medicaid director as it looked to reorganize the division and "bring in someone with a different perspective and experience," according to a Charlotte Observer report.

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