Between 2010 and 2025, U.S. hospitals shut down at comparable rates whether they were in urban or rural areas, according to a research letter published Oct. 8 in JAMA Network. Researchers from the Harvard T.H. Chan School of Public Health…

Meadowbrook, Pa.-based Redeemer Health has defaulted on a required bond payment, according to an Oct. 8 notice posted through the Electronic Municipal Market Access system.  The bonds are publicly traded, tax-exempt municipal bonds for which the system is obligated. The…

CMS will cut Medicare payments to 2,334 hospitals in fiscal 2027 for having more readmissions than expected, according to federal data released Oct. 7. The Hospital Readmissions Reduction Program scores hospitals on six conditions and procedures: heart attack, COPD, heart…

Buffalo, N.Y.-based Kaleida Health will close its Golisano Children’s Hospital of Buffalo Children’s Psychiatry Clinic-Amherst Satellite location and relocate its pediatric ENT clinic at the McKinley Pediatric Outpatient Center in Blasdell, N.Y., pending approval from the New York State Department…

Arlington-based Texas Health Resources is shifting its revenue cycle team away from working insurance denials one at a time and toward identifying large-scale payer patterns it can resolve in bulk. Jamie Williams, associate vice president of professional billing at Texas…

As healthcare costs rise for patients, social media influencers are telling their followers to think twice before paying high medical bills, and in some cases not to pay them at all, The Wall Street Journal reported Oct. 6. In the…

Medicaid members in the Bronx will be exempt from new federal work requirements when they take effect Jan. 1 because the county meets the law’s unemployment threshold, the New York State Department of Health said in statements to Becker’s. Under…

Los Angeles County is building a system that would let every hospital in the county screen patients for financial aid before billing them, KFF Health News reported Oct. 8. About 800,000 county residents have medical bills they can’t pay, according…

A 0% operating margin isn’t a true break-even point for a nonprofit health system, according to Brian Craft, CFO of Flagstaff-based Northern Arizona Healthcare. He and five other hospital and health system CFOs told Becker’s which healthcare finance myths they…

Most health policy experts expect hospital price caps to reduce healthcare spending, but many also see potential tradeoffs for hospital finances, access and quality as more states pursue limits on commercial reimbursement.  Seventy-five percent of members of the Cornell Health…