A government shutdown is becoming increasingly likely after the Senate on Sept. 19 voted against a continuing resolution that would have extended federal funding and several healthcare provisions set to expire this month. The House passed the resolution earlier in…

Riverside Health’s latest hospital has been years in the making. The Newport News, Va.-based health system has owned the lot in Isle of Wight County — a medically underserved area — since 2008 and has been keeping an eye on…

Safety-net hospitals are facing mounting financial and operational pressure, and without congressional action, their ability to sustain quality services could be in jeopardy, according to Mark Gordon, executive vice president and COO of Burlington, Vt.-based UVM Health Network. Mr. Gordon…

As hospitals in the U.S. continue to grapple with tightening finances, Southern Inyo Healthcare District in Lone Pine, Calif., had just eight days of cash on hand  as of Sept. 12, CalMatters reported Sept. 19.  Kevin Flanigan, MD, CEO of…

Ten independent rural hospitals in Wisconsin are forming a clinically integrated network to support value-based care and reduce purchasing costs. Six things to know: 1. The Wisconsin High Value Network includes hospitals from across the state, from Southwest Health in…

St. Louis-based Ascension has made significant progress in stabilizing its revenue cycle after last year’s ransomware attack — as well as the Change Healthcare cyberattack — created billing delays, payment disruptions and a temporary backlog of claims. The Catholic health…

Fitch downgraded Ascension’s credit rating to “AA” from “AA+” despite the St. Louis-based system cutting its operating loss by $1.3 billion in fiscal 2025.  Ascension reported a $490.9 million operating loss (-1.6% operating margin) for the fiscal year ended June…

Medicare audits are becoming more frequent, more aggressive, and more precise—shrinking the margin for error. To protect against inflated findings, healthcare organizations must rely on statistical modeling, independent coding reviews, and specialty-specific expertise. In a recent Becker’s Healthcare webinar, VMG…

Citing anticipated federal and state funding cuts, Seattle Children’s Hospital will lay off 154 employees in November and eliminate 350 open positions. “Like healthcare institutions across the country, Seattle Children’s is facing significant financial impacts due to hundreds of millions…

In less than 18 months, more than 24 million Americans could see their health insurance premiums increase by an average of 93% unless Congress acts to extend federal tax credits established under the ACA, according to Eduardo Conrado, president of…