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More in Financial Management

Healthcare CFOs’ tenures last an average of 4.9 years, according to a 2024 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…

California is projected to experience the largest potential losses in Medicaid coverage if federal work requirements are enacted, according to an analysis released by the Urban Institute on April 14. Approximately five million adults across the country could lose Medicaid…

In mid-March, King of Prussia, Pa.-based Universal Health Services named Michael Coffey CFO of its Phoenix-based Valley Hospital, a private psychiatric hospital that specializes in chemical and mental dependency care.  Along with cutting costs, Mr. Coffey told Becker’s that, in…

The University of Maryland Upper Chesapeake Medical Center Bel Air’s single licensed pediatric inpatient bed will close on or about June 1, instead of May, although pediatric care will continue in the emergency department, the hospital confirmed to Becker’s. The…

The American Medical Association is pressing Optum to avoid using a “one-size-fits-all” loan repayment approach with providers following the cyberattack on its Change Healthcare subsidiary in early 2024. On April 11, the association sent a letter to Optum Insight CEO…

CMS on April 11 proposed a 2.4% pay increase for hospitals under the fiscal year 2026 Inpatient Prospective Payment System — but, much like previous years, hospitals say the update falls short of what’s needed to sustain care delivery amid…

CMS has released proposed payment rules for inpatient and long-term care hospitals, hospices and inpatient rehabilitation, psychiatric and skilled nursing facilities in fiscal year 2026. Twenty-five things to know: Inpatient hospitals and long-term care hospitals 1. CMS proposed a 2.4%…

Pennsylvania’s healthcare system is facing a period of escalating instability, marked by a troubling combination of hospital closures, financially driven service reductions and a wave of layoffs across major health systems. The cumulative impact is limiting access to care, particularly…

The federal government is tightening Medicaid oversight, limiting funding for state-led initiatives it says stretch the program’s purpose and strain federal resources. Four things to know: 1. CMS notified states April 10 that it will stop approving or extending federal…

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