Below are the five most popular finance stories published by Becker’s Hospital Review in January.
1. A recession is coming: What it could mean for healthcare
More than half of 147 CFOs surveyed by Deloitte believe the U.S. will be in a recession by the end of 2020. What would a recession mean for healthcare?
2. Pennsylvania hospital closure will result in 505 layoffs
Harrisburg, Pa.-based UPMC Pinnacle will close its hospital in Lancaster, Pa., March 1, and lay off the hospital’s 505 employees.
3. AHA: Medicare underpaid hospitals by $53.9B in 2017
Medicare underpaid hospitals by $53.9 billion in 2017, and Medicaid underpaid hospitals by $22.9 billion, according to the latest data from the American Hospital Association’s Annual Survey of Hospitals.
4. Ohio hospital faces closure after losing Medicare certification
Dayton, Ohio-based Medical Center at Elizabeth Place lost its Medicare and Medicaid certification Jan. 18, resulting in a funding lapse that could cause the medical center to close its doors.
5. 3 hospitals close in Kansas, Tennessee
Franklin, Tenn.-based Community Health Systems closed two Tennessee hospitals Dec. 28, and St. Louis-based Mercy shut down a hospital in Kansas Dec. 31.
More articles on healthcare finance:
HCA more than doubles profit in Q4
Maine hospital files for bankruptcy
Vermont hospital backtracks on questionable bills