Becker's has reported on 15 health systems that have opted to outsource finance jobs or other revenue cycle functions since Jan. 1:

A difficult year for hospital and health system finances brought with it renewed attention to expenditures. Scrutinizing costs is a job that should be done with the same amount of precision and care as your top surgeons in the OR,…

Tim Moore, president and CEO of the Mississippi Hospital Association, said as many as six Mississippi hospitals are at risk of closing by mid-2023, SuperTalk reported Dec. 5. 

Construction started on the $27 million Lehigh Valley Hospital-Macungie project, which is slated to include a 22,194-square-foot hospital and a 10,182-square-foot office building, The Morning Call reported Dec. 5.

Medicare reform through cost reduction caused by increased competition and consumer choice is necessary both to combat rising healthcare costs and the nation's debt, according to a Dec. 4 opinion piece in The Hill.

Politicians in Connecticut are vowing to cut the rising costs of healthcare in the state's upcoming legislative session after hearing from representatives of insurance companies, healthcare groups and pharmaceutical companies, the Connecticut Mirror reported Dec. 5.

The Wisconsin Department of Health Services has been awarded a $45 million grant to help strengthen its public health workforce through retention, recruitment and training.

Mike DeWerff, CFO for Lincoln, Neb.-based Bryan Health said the health insurance industry has been slowing down payments, the Lincoln Journal Star reported Dec. 3. 

Recent industry reports have highlighted the financial challenges that many hospitals and health systems are facing, with shrinking operating margins potentially contributing to one of the worst financial years in decades, according to one report. 

JP Recovery Services has joined Meduit, and the combined companies aim to provide a full spectrum of revenue cycle services to healthcare organizations in 48 states.