Here are the five most popular finance stories published by Becker’s Hospital Review in May:
1. These 10 physician specialties generate the most revenue for hospitals
The amount of revenue physicians generate for hospitals is typically considerably more than their annual salaries, according to a survey by physician staffing firm Merritt Hawkins.
2. Hedge fund manager predicts CHS will go bankrupt
Firefly Value Partners Co-Founder and Portfolio Manager Ryan Heslop is bearish on Franklin, Tenn.-based Community Health Systems. He said CHS will likely go bankrupt over the next few years due to rising debt costs and dwindling revenue per hospital bed.
3. Patients sue HCA over emergency room ‘cover charge’
Three patients who received emergency care at hospitals operated by HCA Healthcare are suing the Nashville, Tenn.-based company for allegedly billing them and other emergency room patients a “cover charge.”
4. CMS terminates Kentucky hospital’s Medicare contract
CMS ended its provider agreement with Southeastern Kentucky Medical Center in Pineville on May 24.
5. Washington health system files for bankruptcy, cites issues with revenue cycle vendor
Astria Health, a three-hospital health system based in Sunnyside, Wash., filed for Chapter 11 bankruptcy protection on May 6.
More articles on healthcare finance:
Massachusetts hospitals stockpile $1.6B in offshore accounts, nurses say
Cleveland Clinic’s operating income dips 24% in Q1
Healthcare pushes back as Trump prepares executive order on price transparency
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