The No Surprises Act (NSA), which came into effect in 2022, aims to protect patients from surprise medical bills in scenarios where they may have limited decision-making power or awareness of provider status, such as emergency care and out-of-network care…

Moody’s upgraded the credit ratings of Flint, Mich.-based Hurley Medical Center and Toledo, Ohio-based ProMedica Health System on Dec. 16. Hurley Medical Center Hurley’s rating was upgraded to “Baa3” from “Ba1.” The upgrade is driven by the health system’s strengthened…

From expanding its footprint to major legal wins, Ontario, Calif.-based Prime Healthcare has had a busy year. The system comprises 51 hospitals, more than 360 outpatient locations, and over 57,000 employees, according to its website.  Here are eight things to…

House Speaker Mike Johnson said he won’t call a vote to extend the ACA’s enhanced subsidies, further increasing the likelihood that they will expire at the end of 2025, NBC News reported Dec. 16. Mr. Johnson, a Louisiana Republican, said…

As uncertainties and rapid changes continue to rear their heads in the healthcare industry, hospital and health system finance leadership roles are expanding far beyond traditional number-crunching. From emphasizing cross-functional collaboration and strategic leadership to homing in on solid communication,…

Franklin, Tenn.-based Community Health Systems reduced its debt load Dec. 15 by redeeming portions of two series of senior secured notes.  Through its wholly owned subsidiary, CHS/Community Health Systems, the system redeemed all $13.7 million in outstanding principal of its…

Northwell Direct, a direct-to-employer healthcare network and benefits solution arm of New Hyde Park, N.Y.-based Northwell Health, has entered into a direct healthcare contract with 32BJ Health Fund, the union health fund representing 100,000 building service workers in the New…

The One Big Beautiful Bill Act’s changes to premium subsidies and Medicaid eligibility are projected to reduce hospital revenue nationwide by $68.5 billion over 2026 and 2027, according to a Dec. 15 report from Premier.  Six things to know:  1.…

Phoenix-based Banner Health is implementing a cashless payment system across its facilities, an initiative the 33-hospital system said will increase efficiency, reduce operational costs and enhance security.  The initiative comes after Banner conducted a comprehensive assessment and determined that cashless…

Laura Bruno, controller and CFO of Brattleboro (Vt.) Memorial Hospital, exited her role Dec. 12. The move comes in the wake of the board saying in late November that the hospital’s president and CEO, Christopher Dougherty, would not be returning…