Healthcare finance news for hospital and health system leaders

Providence, R.I.-based Brown University Health has eliminated or consolidated 10 senior leadership positions and is offering a voluntary separation program to approximately 200 employees amid ongoing financial pressures, and a goal to strengthen long-term sustainability in fiscal 2027. Brown Health’s…

When Kathy Donovan joined Springfield, Ill.-based Hospital Sisters Health System as senior vice president and chief operating officer in 2023, the system was losing more than $100 million a year. Spread across Illinois and Wisconsin, HSHS hospitals were operating with…

Nearly half (44%) of nonprofit hospitals in Texas say they will send patients a bill before checking whether they qualify for free or discounted care, Tradeoffs reported Oct. 1. The nonprofit newsroom reviewed the presumptive eligibility policies of 166 nonprofit…

The executive in charge of the hospital revenue cycle used to run what many health systems treated as a back-office function. In 2026, the job sits much closer to the center of health system strategy. Payers are using AI to…

Five Democratic governors have asked HHS Secretary Robert F. Kennedy Jr. to delay the Jan. 1, 2027, compliance date for Medicaid work requirements, stating that they cannot implement the rules responsibly in the fewer than 100 days that remain. The…

SCAN Health Plan and Costco shared Oct. 1 that their co-branded Medicare Advantage plans will go live in California and Nevada in 2027. The HMO will be available in 17 California counties and two Nevada counties on Jan. 1, a…

San Francisco-based Dignity Health, part of Chicago-based CommonSpirit, reached an agreement to transfer its share of co-owned Arizona managed care health plan, Mercy Care, to CVS Health subsidiary Aetna. CommonSpirit had a 49.75% ownership interest in Mercy Care as of…

Revenue cycle leaders are managing an environment that is changing faster than most organizations can adapt, and their team knows it. For many, the most acute pressure comes from payers deploying artificial intelligence to review and deny claims at a…

Houston-based Memorial Hermann Health System announced Sept. 28 that executive vice president and CFO Alec King will succeed David Callender, MD, as president and CEO when he retires at the end of the year.  Memorial Hermann joins two other health…

Chicago-based CommonSpirit Health has launched CommonSpirit Ambulatory Ventures, a new division aimed at organizing and expanding the health system’s ambulatory surgery center portfolio. The move is part of CommonSpirit’s broader effort to diversify beyond acute care and “accelerate growth” in…