Today's Top 20 Health Finance Articles
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703 hospitals at risk of closure, state by state
More than 700 rural U.S. hospitals are at risk of closure due to financial problems, with more than half of those hospitals at immediate risk of closure. -
Hospitals aren't over the pandemic
More than four years have passed since COVID-19 first emerged in the United States, triggering a federal public health emergency that persisted until May 11, 2023. Yet, many hospitals are still grappling with the lingering effects of the pandemic. -
Ohio city seeks to acquire hospital from Kettering
City officials in Xenia, Ohio, have proposed to acquire Kettering Health Greene Memorial hospital, claiming Kettering Health has cut services and drained resources from the hospital over the past decade, according to an Aug. 1 report from Dayton Daily News. -
1 key to UTMB Health's high performing revenue cycle
The University of Texas Medical Branch's recent MAP Award win is a testament to the great work its revenue cycle has done to keep pace with the growth of the health system, CFO Jamie Bailey told Becker's. -
CMS' inpatient rule adds 'insult to injury,' say hospital groups
CMS' Inpatient Prospective Payment System final rule will raise inpatient hospital payments by 2.9% in fiscal year 2025, but national hospital groups argue that the update does not do enough to cover the costs of inflation and the rising cost of care while also imposing a mandatory value-based model on hundreds of hospitals across the country. -
9 things to know about length of stay
Managing a count of days involves much more than meets the eye. -
Massachusetts leader says Steward must provide 120-day closure notice for 2 hospitals
Dallas-based Steward Health Care must present a "responsible closure plan" for its two Massachusetts hospitals that follows the state's 120-day closure process, state Secretary of Health and Human Services Kate Walsh said in an Aug.1 statement shared with Becker's. -
9 recent RCM mergers and acquisitions
From two private equity firms striking a deal to take R1 RCM private, to Med-Metrix acquiring a pair of companies, here are nine RCM mergers and acquisitions Becker's has reported since June 10: -
EnableComp acquires denials management company
Franklin, Tenn.-based revenue cycle management company EnableComp has acquired ANI Healthcare Solutions. -
IU Health takes 73% hit to operating income despite increased volumes, revenue: CFO
Indianapolis-based Indiana University Health posted $53.1 million in operating income (1.2% margin) for the six months ending June 30, a 73% slide from the $195.7 million (4.6% margin) reported in the same period last year. However, operating income from core operations was comparable year over year. -
CMS sets 2.9% inpatient pay bump for hospitals in 2025: 6 things to know
CMS on Aug. 1 released its Inpatient Prospective Payment System final rule, which will increase inpatient hospital payments by 2.9% in fiscal year 2025. -
Cigna prepares 'aggressive' defense of PBMs
Cigna is planning to vigorously defend its pharmacy benefit manager from scrutiny. -
CHS to roll out 'Project Empower' at all hospitals by end of 2024, says CEO
Franklin, Tenn.-based Community Health Systems aims to fully deploy its Project Empower initiative across all of its hospitals by the end of the year, CEO Tim Hingtgen said during the company's second-quarter earnings call. -
'This is dire': Texas systems face losing their health plans
Three Texas health systems are facing major potential changes for their health plans amid the state's decision to remove them as Medicaid administrators earlier this year. -
CMS drops 4 final payment rules for 2025: 16 things to know
CMS has published final payment rules for hospices and inpatient rehabilitation, psychiatric and skilled nursing facilities for fiscal year 2025. -
R1 RCM going private in $8.9B deal
Private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice are acquiring R1 RCM in a deal valued at $8.9 billion. -
Pennsylvania system lays off workers, closing multiple facilities
Beaver, Pa.-based Heritage Valley Health System has laid off several workers and is closing multiple facilities as part of an organizational downsizing, Beaver County Radio reported July 31. -
MultiPlan taps CFO from Oracle
Data analytics firm MultiPlan has named Doug Garis executive vice president and CFO, effective Aug. 5. -
Potential takeover of California hospital in voters' hands
Voters in San Benito County, Calif., will decide in November whether to approve a takeover of Hollister, Calif.-based Hazel Hawkins Memorial Hospital, Benito Link reported July 30. -
The hospital margin myth
Large health systems have started to report profits and stronger margins in the last 18 months after pandemic disruptions. Firms such as Kaufman Hall and Strata have also reported nonprofit hospital margins ticking up.
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