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More in Financial Management

R1 RCM President Lee Rivas will take over the role of CEO on Jan. 1, when current CEO Joseph Flanagan steps down from the position. 

Paoli (Pa.) Hospital, operated by Radnor Township, Pa.-based Main Line Health, has received over $2 million in pandemic-related funds, which will allow the location to expand its emergency department, according to a Nov. 7 report from the Daily Local News.

Many hospitals and health systems are on course for their worst financial year in decades, and more hospital closures and bankruptcies could be on the cards next year, according to recent reports on the state of hospital finances in the…

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