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More in Financial Management

Edinburg, Texas-based Doctors Hospital at Renaissance has received an exception from CMS to establish a new physician-owned hospital 55 miles away in Brownsville, a move heavily criticized by the Federation of American Hospitals as unlawful.

Houston-based Memorial Hermann Health System, which comprises 17 hospitals, has become a strategic investor in Cedar, a digital health billing startup valued at $3.2 billion.

Cardinal Health, a global pharmaceutical and medical manufacturing company, named former Sysco CFO Aaron Alt as the company’s new chief financial officer.

Here are 10 hospitals or health systems that recently posted job listings seeking revenue cycle management expertise.

Astria Toppenish (Wa.) Hospital is set to close its maternity ward Jan. 14, citing financial losses, fewer deliveries and reduced Medicaid reimbursement among its reasons for shuttering, Yakima Herald-Republic reported Dec. 15.

Boston-based Mass General Brigham posted a $432 million loss (-2.6 percent operating margin) for the fiscal year ending Sept. 30, with inflation, workforce shortages and a worsening capacity crisis continuing to affect the health system's financial performance. 

The contemporary hospital or health system CFO is a strategic partner to the CEO and is involved in virtually every aspect of the organization, from mergers and acquisitions to restructuring, strategic planning and patient experience and outcomes. 

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