Oracle reduced its workforce by 21,000 employees in fiscal 2026, according to the company’s annual 10-K filing. The software giant cut its global staff by 13% to 141,000 full-time workers as of May 31 — down from 162,000 a year…
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Why the future of healthcare finance belongs to whoever already has the data. Healthcare’s revenue cycle was built to run late. Every denial, appeal, reconciliation and audit rests on the same quiet assumption: the right answer arrives after the fact.…
Novant Health, based in Winston-Salem, N.C., has named Stephanie Lenzner senior vice president of value intelligence. In this role, Ms. Lenzner will oversee the integration of analytics, data science and performance intelligence, according to a June 22 news release. Ms.…
Michigan House Speaker Matt Hall has introduced legislation that would create a hospital cost review board, impose new restrictions on hospital consolidation and cap certain healthcare prices, according to the Michigan Health & Hospital Association. Hospitals would be subject to…
Ensemble Health Partners has launched Office of the CFO, a strategic finance advisory practice that embeds senior healthcare finance executives directly into its revenue cycle managed services partnerships to provide forward-looking financial analysis and C-suite decision support. Rather than adding…
The White House Council of Economic Advisers addressed the possibility of banning antisteering practices, which prohibit insurers from guiding patients to lower-cost providers, in payer-provider contracting. Its conclusion: Prices and premiums could drop. Along with broader antisteering issues, the memo…
Albert “AJ” Hammond has been named vice president of external affairs and government relations at Vandalia Health in Charleston, W.Va. Mr. Hammond joined Vandalia in 2024, and has represented the system in front of state and federal policymakers, pushing for…
Indiana’s hospital price cap law is moving ahead, with a report expected to be released that will show the average hospital cost and where each facility falls on the spectrum, KFF Health News reported June 22. The law caps the…
We’ve all read the statistics. The United States spends $5.3 trillion per year on healthcare, roughly 18% of GDP (1). Looking back at the last 10 years, the growth rate in annualized healthcare expenditure exceeds GDP growth and inflation rate…
Lebanon, N.H.-based Dartmouth Health recorded an operating loss of $52.5 million (-4.8% operating margin) in the second quarter of 2026, compared to an operating loss of $19.7 million (-1.9% margin) during the same period last year. Total operating revenue was…