Healthcare finance news for hospital and health system leaders

Hospitals’ bad debt and charity care per calendar day rose 49% in the first eight months of 2026 compared with the same period in 2023, according to Kaufman Hall’s National Hospital Flash Report. The report, which draws on data from…

Fort Myers, Fla.-based Lee Health has roughly doubled in size over the past six years. Now, as the health system charts a path from $4 billion to $6 billion, CFO John Mallia is focused on a different challenge: Making sure…

The Illinois Health Facilities and Services Review Board voted 8-1 Nov. 5 to approve the closure of the inpatient pediatric unit at Joliet, Ill.-based St. Joseph Medical Center, part of Ontario, Calif.-based Prime Healthcare, the Chicago Tribune reported. The hospital…

Sam Meckey has been appointed CEO of revenue cycle management company FinThrive, according to a Nov. 6 news release.  Mr. Meckey most recently served as president of WestCX, a provider of AI-native communications for regulated industries, and previously served as…

Torrential rains Nov. 1-2 led to the flooding and evacuation of Sea Pines Rehabilitation Hospital in Melbourne, Fla., which is partly owned by Birmingham, Ala.-based Encompass Health. The flooding resulted in significant damage to Sea Pines, and the hospital will…

Mark Cuban sees two paths to fixing healthcare economics: Break up the largest vertically integrated insurers, or teach the employers who fund most private coverage to act like real buyers. The co-founder of Mark Cuban Cost Plus Drug Co. outlined…

Louisville, Ky.-based UofL Health reported a $9.5 million operating loss ( -0.3% margin) in fiscal 2026, ending June 30, a sharp improvement from an operating loss of $60.8 million (-2.2% margin) last fiscal year, according to a Nov. 4 audit…

Grand Forks, N.D.-based Altru Health System’s operating margin fell to -3% through the first nine months of 2026, as expenses outpaced revenue growth and the system moved closer to acquiring three more North Dakota hospitals from Chicago-based CommonSpirit Health. Altru…

Atlanta-based Piedmont Healthcare reported a 10.7% operating margin for fiscal year 2026, generating more than $1 billion in operating income for the second consecutive year as revenue climbed to nearly $9.5 billion. The health system recorded $1.02 billion in operating…

Ten hospitals and health systems recently posted job listings seeking revenue cycle management expertise. Note: This is not an exhaustive list. Listings were compiled from job-seeker sites. 1. Cedars-Sinai, based in Los Angeles, seeks a senior revenue cycle analyst to…