Top 5 healthcare finance stories in February

Hospital closures and health system quarterly earnings were among the healthcare finance topics that piqued the interest of readers in February.

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Below are the five most popular finance stories published by Becker’s Hospital Review in February.

1. Ohio hospital to close after 105 years
Belmont Community Hospital, a 99-bed hospital in Bellaire, Ohio, will close April 5.

2. Mayo’s annual revenue climbs to $12.6B amid move to Epic EHR
Rochester, Minn.-based Mayo Clinic made significant investments in a new EHR system in 2018 yet still ended the year on strong financial footing.

3. Kansas hospital abruptly closes
Oswego (Kan.) Community Hospital and its two affiliated clinics closed Feb. 14.

4. Tenet shrinks loss to $5M, plans new $200M cost-cutting drive
Dallas-based Tenet Healthcare saw its revenue slide in the fourth quarter of 2018, but its net loss narrowed year over year.

5. North Carolina hospital forced into bankruptcy
Washington County Hospital in Plymouth, N.C., is the subject of an involuntary bankruptcy petition.

More articles on healthcare finance:

UPMC Pinnacle closes hospital: 4 things to know
UHS reports drop in profit as DOJ settlement fund swells to $123M
CHS to launch $1.6B debt offering

 

 

 

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