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More in Financial Management

Select Specialty Hospital – South Dakota, which is part of Mechanicsburg, Pa.-based Select Specialty Hospital but located inside Sioux Falls-based Sanford USD Medical Center and Hospital, is closing, a spokesperson for Sioux Falls-based Sanford Health confirmed with Becker’s.  The closure…

Health systems aiming to strengthen revenue cycle performance but constrained by budgets, expertise or technology are increasingly turning to end-to-end outsourcing partnerships, according to a report from KLAS Research. From July 2023 to May 2025, 14 systems struck new end-to-end…

Healthcare CFOs’ tenures last an average of 4.7 years, according to a September report from Crist Kolder Associates. Here are the tenures of the CFOs at the 10 largest health systems in the U.S. (Health system size is determined by…

The eighth day of the federal government shutdown was marked by another round of failed votes on a pair of dueling funding bills.  Here are four updates to know on the government shutdown as it entered its second week: 1.…

Sustaining world-class research amid margin pressures requires sharper focus and strategic recruitment, academic health system leaders told Becker’s. To balance the financial demands of maintaining research excellence with the immediate needs of community hospitals and patients, leaders said they are…

James Siegel has been senior vice president and CFO of Richmond, Va.-based VCU Health for around four-and-a-half years, but in that time, the health system has significantly invested in both ambulatory and inpatient assets.  “VCU Health is known for the…

Moody’s upgraded the credit ratings of Advocate Aurora Health and Atrium Health to “Aa2” from “Aa3” and Wake Forest Baptist’s rating to “Aa3” from “A1.” Together, the three comprise Charlotte-based Advocate Health, but their debts remain separately secured, Moody’s said…

The No Surprises Act’s Independent Dispute Resolution process remains operational despite the government shutdown. CMS said Oct. 2 that all standard dispute timelines continue to apply but warned that a prolonged shutdown “may cause delays in the review and processing…

Southwest Healthcare Corona (Calif.) Regional Medical Center is set to close maternity services (labor and delivery) effective Jan. 30, according to a hospital statement shared with Becker’s. The final day of patient care will be Jan. 23.  The hospital, which…

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