Category: Finance

By WYNNE ARMAND and CHRISTIAN MEWALDT It shouldn’t be controversial to say that promoting the well-being of patients and our community should be at the core of our decisions in health care — even when competing factors exist. Yet we have grown increasingly uncomfortable to realize that we’ve been investing in companies whose products — …

Money and Values: For Healthcare Workers, It’s Time They Align Read More »

14 latest hospital closures

Channels, Featured, Finance / July 22, 2021 July 22, 2021

NewYork-Presbyterian gives $20M to help establish new health school

Channels, Featured, Finance / July 22, 2021 July 22, 2021

9 numbers that show the reach of R1 RCM

Channels, Featured, Finance / July 22, 2021 July 22, 2021

‘Relentless’ cyberattacks no good for hospital finances, Fitch says

Channels, Featured, Finance / July 22, 2021 July 22, 2021

GAO to HHS: Share plan for $43.7B of unused provider relief funds

Channels, Featured, Finance / July 22, 2021 July 22, 2021

Parents hit with $270K medical bill over ‘birthday rule’ inspire changes

Channels, Featured, Finance / July 22, 2021 July 22, 2021

10 numbers showing hospitals’ financial recovery

Channels, Featured, Finance / July 21, 2021 July 21, 2021

As 10% physician pay cuts loom, AMA urges Congressional action

Channels, Featured, Finance / July 21, 2021 July 21, 2021

Tenet posts $120M profit in Q2

Channels, Featured, Finance / July 21, 2021 July 21, 2021

Healthcare groups back ‘Value Act’: 5 things to know

Channels, Featured, Finance / July 21, 2021 July 21, 2021

Pay cut forces Health Partners to lay off 560 workers

Channels, Featured, Finance / July 21, 2021 July 21, 2021

18 health systems with strong finances

Channels, Featured, Finance / July 21, 2021 July 21, 2021

Americans’ medical debt tops $140B, study finds

Channels, Featured, Finance / July 21, 2021 July 21, 2021

Nonprofit hospital upgrades outpaced downgrades in Q2, Fitch says

Channels, Featured, Finance / July 20, 2021 July 20, 2021

10 hospitals seeking CFOs

Channels, Featured, Finance / July 20, 2021 July 20, 2021

HCA sees revenue grow 30% to $14B in Q2

Channels, Featured, Finance / July 20, 2021 July 20, 2021

CMS proposed outpatient payment rule for 2022: 7 things to know

Channels, Featured, Finance / July 20, 2021 July 20, 2021

Deadline looms for 900+ hospitals to self-report overpayments tied to cardiac implants

Channels, Featured, Finance / July 19, 2021 July 19, 2021

94% of hospitals still noncompliant with price transparency rule, study finds

Channels, Featured, Finance / July 19, 2021 July 19, 2021

Most Americans who got COVID-19 or lost income during pandemic also struggled with medical debt

Channels, Featured, Finance / July 16, 2021 July 16, 2021

Piedmont’s acquisition of 11 hospitals needs FTC scrutiny, nurses say

Channels, Featured, Finance / July 16, 2021 July 16, 2021

Once bankrupt North Carolina hospital to be profitable in 90 days, new owner says

Channels, Featured, Finance / July 16, 2021 July 16, 2021

False claim recovery in 2020: $3.1B, OIG says

Channels, Featured, Finance / July 16, 2021 July 16, 2021

Hospitals blast UnitedHealth profits

Channels, Featured, Finance / July 16, 2021 July 16, 2021

Some hospitals using trauma activation fee as ‘revenue generator,’ report says

Channels, Featured, Finance / July 16, 2021 July 16, 2021

HHS gives 1,540 small rural hospitals $398M for COVID-19 testing, mitigation

Channels, Featured, Finance / July 15, 2021 July 15, 2021

‘Providers can’t sustain additional cuts’: 6 healthcare groups slam proposal to extend Medicare sequester

Channels, Featured, Finance / July 15, 2021 July 15, 2021

Cost of treating firearm injuries in US hospitals exceeds $1B annually: GAO

Channels, Featured, Finance / July 14, 2021 July 14, 2021

Hospitals push back on Lown Institute community benefits study

Channels, Featured, Finance / July 14, 2021 July 14, 2021

New York hospital seeking financial turnaround advice

Channels, Featured, Finance / July 14, 2021 July 14, 2021

CMS pitches physician payment rule for 2022: 9 things to know

Channels, Featured, Finance / July 14, 2021 July 14, 2021

Medicare expansion included in Senate Democrats’ $3.5 trillion spending framework: 5 things to know

Channels, Featured, Finance / July 14, 2021 July 14, 2021

7 recent credit rating downgrades

Channels, Featured, Finance / July 13, 2021 July 13, 2021

New Mexico church wipes out nearly $1.4M worth of medical debt for 782 households

Channels, Featured, Finance / July 13, 2021 July 13, 2021

The hospital with the biggest community health investment in each state, per Lown ranking

Channels, Featured, Finance / July 12, 2021 July 12, 2021

CFOs tackle highest inflation in 13 years

Channels, Featured, Finance / July 12, 2021 July 12, 2021

10 US hospitals that spend the least on community investment relative to tax breaks, per Lown ranking

Channels, Featured, Finance / July 12, 2021 July 12, 2021

Average amount generally paid ratio for hospitals, broken down by state

Channels, Featured, Finance / July 9, 2021 July 9, 2021

‘As transparent to me as hieroglyphics’: Why patients can’t decipher online hospital prices

Channels, Featured, Finance / July 9, 2021 July 9, 2021

New Mexico hospital workers laid off; CEO cites declining patient demand

Channels, Featured, Finance / July 9, 2021 July 9, 2021

CMS pitches payment rules for 2022: 21 notes for hospital execs

Channels, Featured, Finance / July 9, 2021 July 9, 2021

Renown to lay off 166 employees

Channels, Featured, Finance / July 9, 2021 July 9, 2021

Northwestern asks patients to review medical bills after security breach

Channels, Featured, Finance / July 8, 2021 July 8, 2021

Sodexo to lay off 407 workers after Health First pulls contract

Channels, Featured, Finance / July 7, 2021 July 7, 2021

Medicare spent $2.6B more than Costco on same generic drugs

Channels, Featured, Finance / July 7, 2021 July 7, 2021

CMS’ surprise-billing rule outlaws retroactive ED denial policies

Channels, Featured, Finance / July 7, 2021 July 7, 2021

Hospitals often charge uninsured patients more than insurers for same services

Channels, Featured, Finance / July 6, 2021 July 6, 2021

8 changes to Medicare spending that would improve older Americans’ health

Channels, Featured, Finance / July 6, 2021 July 6, 2021

No Surprises Act’s first rule favors employers, insurers over hospitals

Channels, Featured, Finance / July 6, 2021 July 6, 2021

Auditors question sustainability of New York hospital for 3rd year

Channels, Featured, Finance / July 6, 2021 July 6, 2021

CMS pitches End-Stage Renal Disease payment rule: 5 things to know

Channels, Featured, Finance / July 5, 2021 July 5, 2021

UVM Health Network is trying to raise its commercial insurance prices by 7%

Channels, Featured, Finance / July 5, 2021 July 5, 2021

CMS unveils surprise-billing rule: 10 things to know

Channels, Featured, Finance / July 5, 2021 July 5, 2021

$450M for New Jersey’s level 1 trauma centers leaves execs stunned

Channels, Featured, Finance / July 5, 2021 July 5, 2021

Healthcare industry job cuts fall in June

Channels, Featured, Finance / July 1, 2021 July 1, 2021

Healthcare industry job cuts fall in June

Channels, Featured, Finance / July 1, 2021 July 1, 2021

Ballad reopens ‘America’s newest rural hospital’ after 8 years

Channels, Featured, Finance / July 1, 2021 July 1, 2021

Pennsylvania hospital rebounds after St. Luke’s takeover

Channels, Featured, Finance / July 1, 2021 July 1, 2021

5 hospitals have closed this year — here’s why

Channels, Featured, Finance / June 17, 2021 June 17, 2021

Aduhelm could soon represent 1% of all US healthcare spending

Channels, Featured, Finance / June 17, 2021 June 17, 2021

States report hospital prices as top healthcare cost burden, but they’re reluctant to negotiate them

Channels, Featured, Finance / June 17, 2021 June 17, 2021

California anesthesia group files for bankruptcy after hospital contract lapses

Channels, Featured, Finance / June 17, 2021 June 17, 2021

Northwell chief: Medical debt ombudsman will ‘check and balance’ collections

Channels, Featured, Finance / June 16, 2021 June 16, 2021

Medicare’s spending on ‘ultra-expensive’ drugs increased by 1,170% in 6 years

Channels, Featured, Finance / June 16, 2021 June 16, 2021

Maine Medical Center gets record $25M donation

Channels, Featured, Finance / June 16, 2021 June 16, 2021

MedPAC’s 6 latest spending recommendations to Congress

Channels, Featured, Finance / June 16, 2021 June 16, 2021

Most hospitals opting for noncompliance fee over disclosing prices

Channels, Featured, Finance / June 15, 2021 June 15, 2021

Top 100 US hospitals charge patients 7 times their actual care cost, study shows

Channels, Featured, Finance / June 15, 2021 June 15, 2021

Ballad, RIP Medical reach deal to erase $278M of patient medical debt

Channels, Featured, Finance / June 15, 2021 June 15, 2021

New York health system lays off workers

Channels, Featured, Finance / June 15, 2021 June 15, 2021

Tower Health continues search for buyer as operating loss swells through Q3

Channels, Featured, Finance / June 14, 2021 June 14, 2021

Should rural EDs be funded like fire departments? 3 thoughts

Channels, Featured, Finance / June 14, 2021 June 14, 2021

California city balks at plan to close local hospital, rebuild in another city

Channels, Featured, Finance / June 14, 2021 June 14, 2021

Medical debt grew for patients by 6.5% in spring

Channels, Featured, Finance / June 14, 2021 June 14, 2021

Scripps records operating loss in Q2

Channels, Featured, Finance / June 11, 2021 June 11, 2021

HHS gives hospitals more time to use COVID-19 relief funds

Channels, Featured, Finance / June 11, 2021 June 11, 2021

The 17 states that don’t offer any surprise billing protections

Channels, Featured, Finance / June 10, 2021 June 10, 2021

Western Michigan University’s med school receives $300M donation

Channels, Featured, Finance / June 10, 2021 June 10, 2021

Rural hospitals may get paid to become standalone ERs

Channels, Featured, Finance / June 10, 2021 June 10, 2021

Shuttered Oklahoma cancer hospital has potential buyer

Channels, Featured, Finance / June 10, 2021 June 10, 2021

U of Utah med school gets $110M donation

Channels, Featured, Finance / June 9, 2021 June 9, 2021

North Carolina AG gets 116 complaints about Mission Health

Channels, Featured, Finance / June 9, 2021 June 9, 2021

Medicare increases payments to providers to encourage more at-home vaccinations

Channels, Featured, Finance / June 9, 2021 June 9, 2021

Medical costs to rise by 6.5% in 2022, report predicts

Channels, Featured, Finance / June 9, 2021 June 9, 2021

Provider relief aid distribution to be revamped, HHS head says

Channels, Featured, Finance / June 9, 2021 June 9, 2021

Price transparency rule isn’t preventing patients from overpaying thousands for labs & tests

Channels, Featured, Finance / June 8, 2021 June 8, 2021

Cleveland Clinic’s net income grows to $350M in Q1

Channels, Featured, Finance / June 8, 2021 June 8, 2021

Cleveland Clinic’s net income grows to $350M in Q1

Channels, Featured, Finance / June 8, 2021 June 8, 2021

Investments propel Trinity rebound; net income hits $3.2B through Q3

Channels, Featured, Finance / June 8, 2021 June 8, 2021

Clover Health: The next AMC and GameStop of stocks?

Channels, Featured, Finance / June 8, 2021 June 8, 2021

Sutter Health to lay off 400 workers

Channels, Featured, Finance / June 7, 2021 June 7, 2021

Northwell sees operating losses decrease in Q1

Channels, Featured, Finance / June 7, 2021 June 7, 2021

Children’s Colorado pleads with lawmakers for pediatric mental health funding

Channels, Featured, Finance / June 4, 2021 June 4, 2021

‘Unsustainable and untenable’: Poor finances push Massachusetts safety-net hospitals to brink

Channels, Featured, Finance / June 3, 2021 June 3, 2021

Texas hospital files for bankruptcy

Channels, Featured, Finance / June 3, 2021 June 3, 2021

New owner plans $50M investment in Chicago’s Mercy Hospital

Channels, Featured, Finance / June 3, 2021 June 3, 2021

One-third of US hospitals’ average denial rates are in ‘danger zone,’ survey finds

Channels, Featured, Finance / June 3, 2021 June 3, 2021

Physician viewpoint: It’s too soon for insurers to lift COVID-19 waivers

Channels, Featured, Finance / June 2, 2021 June 2, 2021

UCI Health gets $20M gift to support $1.2B expansion

Channels, Featured, Finance / June 1, 2021 June 1, 2021

1 in 3 Americans skip care due to cost concerns, survey shows

Channels, Featured, Finance / June 1, 2021 June 1, 2021

Oklahoma cancer hospital closes, affecting 400 employees

Channels, Featured, Finance / June 1, 2021 June 1, 2021

Insight agrees to run Chicago’s Mercy through 2029

Channels, Featured, Finance / June 1, 2021 June 1, 2021

Banner Health’s operating income more than doubles in Q1

Channels, Featured, Finance / June 1, 2021 June 1, 2021

How fear of surprise billing can fuel vaccine hesitancy

Channels, Featured, Finance / June 1, 2021 June 1, 2021

UPMC swings to $574M net income in Q1

Channels, Featured, Finance / May 28, 2021 May 28, 2021

JPMorgan seeks finance leader for new health business

Channels, Featured, Finance / May 28, 2021 May 28, 2021

Healthcare fintech M&A expected to boost patient experience, provider operations

Acquisitions, benefits, Cedar, consolidation, Daily, Finance, Health IT, News, OODA Health, patients, providers, R1 RCM, Startups, SYN, technology, Top Story, VisitPay / May 27, 2021 May 27, 2021

M&A activity in the healthcare finance technology is heating up, evidenced by large transactions such as Cedar buying OODA Health and R1 RCM buying VisitPay. Experts agree that this activity won’t end anytime soon, and it will have a positive impact on providers and patients.