Today's Top 20 Health Finance Articles
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15 health systems dropping Medicare Advantage plans | 2024
Medicare Advantage provides health coverage to more than half of the nation's seniors, but some hospitals and health systems are opting to end their contracts with MA plans over administrative challenges. -
Why 19 rural hospitals see value in interdependence
It's not about independence for the sake of independence for Ken Westman, CEO of Aitkin, Minn.-based Riverwood Healthcare Center. -
Fitch upgrades Nebraska system's credit rating
Fitch upgraded Omaha-based Nebraska Methodist Health System's rating to "A+" from "A." -
The internal risks worrying CFOs
Generative artificial intelligence adoption is the top internal concern for finance chiefs, according to Deloitte's "CFO Signals Survey 2Q 2024." -
Steward accepts 2 bids, cancels 3 for auctioned hospitals
Dallas-based Steward Health Care is canceling the auction and sale hearings for three of its 31 hospitals after receiving no qualified bids. -
33 statistics on hospital revenue and expenses
Nonprofit hospital expenses and revenue climbed at nearly the same rate in May, showing stability after a volatile few months to begin the year, according to Kaufman Hall's National Hospital Flash Report. -
UK HealthCare scraps plan for new hospital
UK HealthCare has called off plans to build a community hospital in the Hamburg area of Lexington, Ky., a spokesperson for the health system confirmed to Becker's. -
MU Health Care CFO 'enthusiastic' about new role, organization growth
Greg Damron has only been in his new role as CFO of Columbia-based University of Missouri Health Care for a little over a month, but in that time, he has learned the ins and outs of the organization. -
PE firms mulling rival R1 RCM bid
Private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice are mulling a rival bid to take over R1 RCM, Bloomberg reported July 18. -
Beth Israel Lahey Health CFO on the need to re-engineer healthcare
From supply chain disruptions and market volatility to inflationary pressures and skyrocketing labor costs, Cambridge, Mass.-based Beth Israel Lahey Health CFO Cindy Rios feels there's an industrywide need to re-engineer healthcare. -
UHS sets dividend
King of Prussia, Pa.-based Universal Health Services' board of directors has authorized a $0.20 per share cash dividend to be paid on September 17. -
Moody's boosts Orlando Health's outlook
Moody's upgraded Orlando (Fla.) Health's outlook from stable to positive. -
50% of leaders say PE ownership negatively affects hospitals: Becker's poll
As private equity ownership continues to be a hot topic in healthcare, a recent Becker's LinkedIn poll revealed that 50% of the 778 respondents feel that private equity ownership is having a "mostly negative" impact on hospitals. -
Healthcare costs to jump 8% in 2025: PwC
Commercial healthcare costs will increase by a projected 8% in 2025, driven by inflationary pressure, prescription drug spending and behavioral health utilization, according to a report from the PwC Health Research Institute. -
ProMedica, startup payer partner on new pricing model
Sidecar Health and Toledo, Ohio-based ProMedica have inked a new pricing and patient access agreement. -
Ardent raises $192M in reduced IPO
Brentwood, Tenn.-based Ardent Health raised about $192 million in a downsized initial public offering, Bloomberg reported July 18. -
Midyear reflection with 4 CFOs
From mitigating inflation to monitoring changes in volume and labor cost trends, hospital and health system CFOs have been tasked with navigating multiple financial challenges in the first six months of 2024. -
AI-powered revenue cycle automation company secures $20M in Series A funding
Thoughtful AI, an artificial intelligence-powered revenue cycle automation company, has raised $20 million through a Series A funding round. -
CMS unveils payment option to ease prescription costs
CMS has published the final part two guidance regarding plan outreach and education for the Medicare prescription payment plan, which aims to ensure that people with Medicare prescription drug coverage are aware of the payment option. -
A 3-pronged challenge leading to an FQHC's clinic closure
Providence (R.I.) Community Health Centers is closing its Olneyville Health Center on July 31, The Providence Journal reported on July 18.
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