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A resolution before the Montgomery County Commission that would have provided an additional $7.5 million in financial support to Jackson…
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A resolution before the Montgomery County Commission that would have provided an additional $7.5 million in financial support to Jackson Hospital in Montgomery, Ala., failed Dec. 16 to garner a required majority to win approval. The resolution failed on a…
As health systems continue to grapple with financial pressures from rising labor and supply costs and reimbursement challenges, days cash on hand remains an important measure of financial stability. Here are the days cash on hand at 50 health systems…
Healthcare bankruptcies stabilized somewhat in 2024, but financial pressures have carried over into 2025. Amid rising costs, workforce shortages and reimbursement challenges, many hospitals, health systems and healthcare organizations have been pushed to seek bankruptcy protection.
Providence, R.I.-based Brown University Health — formerly known as Lifespan — reported $4.4 billion in revenue and a 0.9% operating margin for the fiscal year ended Sept. 30, 2025, as it continues efforts to stabilize finances and grow through its…
West Orange, N.J.-based RWJBarnabas Health has invested $2 million to launch The Bridge Project in New Jersey, a direct cash assistance initiative aimed at supporting low-income pregnant individuals, according to a Dec. 18 news release. The investment makes RWJBarnabas the…
Becker’s has reported on 13 hospitals or health systems that have opted to outsource finance jobs or other revenue cycle functions in 2025. 1. Batesville, Ind.-based Margaret Mary Health said Dec. 10 it is transitioning its revenue cycle operations to Revology, effective…
The most significant mid-cycle revenue cycle challenges stem from fragmentation, according to a report from the Healthcare Financial Management Association and Akasa. Incomplete and inaccurate documentation remains the most frequently cited challenge, but many leaders said the real breakdown occurred…
Multiple hospitals and health systems have suffered downgrades to their financial ratings this year amid rising expenses, ongoing operating losses and challenging work environments. Here are 28 hospitals and health systems that received credit rating downgrades from Fitch Ratings or…
Four House Republicans signed a Democratic-led discharge petition that will force a vote to extend ACA’s enhanced subsidies hours before lawmakers voted to pass a healthcare package that excluded an extension, The Hill reported Dec. 17. The four Republicans joined…
Moody’s upgraded Manchester, N.H.-based Elliot Health System’s credit rating to “A2” as the system is in the midst of a significant transition. In 2018, Elliot and Nashua-based Southern New Hampshire Health combined to form SolutionHealth. In July, however, the boards…