CMS is expanding a payment model for nonemergent ambulance rides after it saved $650 million over four years and didn't disrupt access for beneficiaries.

Ascension's revenue remained mostly flat year over year in fiscal 2020, but the St. Louis-based health system ended the period with a loss, according to financial documents. 

Eleven hospitals and health systems posted job listings seeking philanthropy leaders in the last two weeks.

Reopening Jamestown (Tenn.) Regional Medical Center is central to the financial success of Rennova Health, but is nearly impossible given its current financial state, the hospital chain's CEO told News10. 

The initial impact of COVID-19 on hospitals was devastating with patient and procedure volume dropping by over 50 percent, coupled with incremental expenses for PPE.

Nationwide, private insurers pay an average of 247 percent more than what Medicare pays for similar services, according to a RAND Corp. study published Sept. 18. 

Hospital administrators and revenue cycle leaders are coping with unforeseen pressures from the COVID-19 pandemic. 

Shares of hospital operators and health insurers sank Sept. 21 following the death of U.S. Supreme Court Justice Ruth Bader Ginsburg, according to CNBC. 

The financial challenges caused by the COVID-19 pandemic have forced hundreds of hospitals across the nation to furlough, lay off or reduce pay for workers, and others have had to scale back services or close. 

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors in this year.