Miami-based Jackson Health System finished May with a $1.3 million profit — its third straight positive month — but the financially beleaguered health system still only has 10 days cash on hand, according to a Miami Herald report.

The aging of hospital executives has been well-documented, as a recent Witt/Kieffer survey found 41 percent of recent healthcare CEOs have never been a CEO before. While there has been a rise of first-time hospital CEOs, the same holds true…

Today, Gov. Pat Quinn signed a slew of bills into law, including reforms that will restructure the state Medicaid program and lay out guidelines for hospital property tax exemptions.

For the past 24 years, Michael DeVaughn has served as CFO of WakeMed Health & Hospitals, the 870-bed private healthcare system based in Raleigh, N.C., and he has helped the system grow in a financially stable bastion in Wake County.

Hospitals and health systems that engage in cost management are looking to reshape and reduce costs, and there are eight main strategies that can lead to effective cost management opportunities, according to a March report from Kaufman, Hall & Associates…

North Carolina's Medicaid program currently has a deficit of roughly $150 million, and health advocates attended a state Senate Appropriations Committee meeting Tuesday to advocate for restored Medicaid funding to the budget, according to a North Carolina Health News report.

Connecticut Children's Medical Center in Hartford and health insurer Anthem Blue Cross and Blue Shield in North Haven, Conn., have reached a multiyear agreement on managed care contracts after a nearly two-month standoff.

The Medicaid Recovery Auditor program officially started this past January, and according to a recent blog post from Paul Spencer, compliance officer for Fi-Med Management and author of The RAConteur, there has been little recognition of the Medicaid RACs' progress…

Bruce Burns, senior vice president of finance and treasury and CFO of Concord (N.H.) Hospital, arrived on the Concord scene roughly 20 years ago in June 1993, and the hospital has been able to thrive and record solid operating performances…

From a per-beneficiary standpoint, the following 10 states represent more than 56 percent of the total Medicare physician payments. Payments to rural providers in these states are more than 84 percent less than payments made to urban providers. Data is…