Healthcare finance news for hospital and health system leaders

CMS is raising concerns about growing costs and payment problems in the federal independent dispute resolution process created by the No Surprises Act. The agency met with every certified independent dispute resolution entity Oct. 1 to talk about possible fixes.…

Most health systems that build insurance arms aim to generate margin. Morgantown, W.Va.-based WVU Medicine built Peak Health with a different goal in mind. Peak Health, the system’s provider-sponsored health plan formed in 2023, now covers more than 80,000 lives…

Moody’s Ratings affirmed the “Aa3” rating and stable outlook for St. Louis-based Ascension, which operates 91 wholly owned or consolidated hospitals and more than 300 ambulatory surgery centers across 36 states.  Five things to know:  1. Moody’s said in its…

Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise. Note: This is not an exhaustive list. Listings were compiled from job-seeker sites. 1. Baptist Health, based in Little Rock, Ark., seeks a senior revenue cycle…

The White House said the federal government will send more than 20 million Medicare enrollees one-time $90 payments to help with Part B premiums in early October. An Oct. 2 White House fact sheet said the payments would come from…

The traditional entry point into revenue cycle is getting harder to find. As AI and automation take over more repetitive work, health systems are hiring fewer people to perform manual data entry, basic coding, claim status checks and other transactional…

Michael Browning, senior executive vice president and CFO of Chicago-based CommonSpirit, said during the system’s fiscal year 2026 investor call Oct. 2 that the system has “captured $200 million in financial value from artificial intelligence.”  Mr. Browning said the system…

Livonia, Mich.-based Trinity Health saw $281 million in operating income (1.1% margin) in the fiscal year ending June 30, 2026, up from a $12.2 million operating loss (0% margin) posted in fiscal 2025, according to its most recent financial report.…

Chicago-based CommonSpirit Health is weeks away from completing its exit from revenue cycle vendor Conifer Health Solutions.  CommonSpirit Senior Executive Vice President and CFO Michael Browning said on an Oct. 2 investor call that the system’s Central and Pacific Northwest…

Chicago-based CommonSpirit Health will consolidate its five regions into three service areas, West, Central and East, effective in January, CFO Michael Browning said during the system’s fiscal 2026 earnings call Oct. 2. The change replaces the California, Central, South, Mountain…