Today's Top 20 Health Finance Articles
-
Corewell Health's operating margin rises to 2.1%
Grand Rapids and Southfield, Mich.-based Corewell Health operating margin was 2.1% for the first six months of 2024 ended June 30, compared with an operating margin of 1.7% during the same time period last year, according to the health system's Aug. 14 financial report. -
CorroHealth acquiring Xtend Healthcare
Navient is selling its revenue cycle management company Xtend Healthcare to CorroHealth. -
Lifepoint's 'strong tailwinds' to grow nationally
Disruptors are making more noise in healthcare while hospitals continue to rebound from ongoing financial and workforce challenges, but diversification is one key strategy health systems are capitalizing on to compete in a rapidly changing landscape. -
Meet R1 RCM's leadership team
Private equity firms TowerBrook Capital Partners and Clayton, Dubilier & Rice are acquiring R1 RCM in a deal valued at $8.9 billion that is expected to close by the end of the year. -
The game-changing switch for 1 Nebraska hospital
Officials at the first Nebraska hospital to transition to rural emergency status said the conversion has been a game changer, CBS affiliate KOLN reported Aug. 13. -
Why Kaiser's Risant Health set up base in DC
Kaiser Permanente's Risant Health is headquartered in Washington, D.C., sharing half of an existing 4,200-square-foot office with the Oakland, Calf.-based system's government affairs team, the Washington Business Journal reported Aug. 6. -
3 health systems seeking chief revenue officers
Three health systems recently posted job listings seeking chief revenue officers. -
South Carolina system tears up $161M hospital plan
Conway Medical Center, an affiliate of Winston-Salem, N.C.-based Novant Health, has called off plans to build a $161 million hospital in Carolina Forest, S.C., The Post and Courier Myrtle Beach reported Aug. 13. -
ChristianaCare, Atlas Healthcare partner to expand ASC network
Newark, Del.-based ChristianaCare and Phoenix-based Atlas Healthcare have entered into a joint venture to bring an ASC network to Delaware and surrounding states. -
California private equity bill draws mixed reaction in healthcare
Healthcare groups, unions and hospitals are weighing in on a proposed bill in California that would strengthen review of private equity deals in healthcare. -
Massachusetts hospital closed by 2023 fire reopens
Brockton (Mass.) Hospital, owned by Brockton-based Signature Healthcare, reopened Aug. 13 following a February 2023 electrical fire that closed the facility. -
U of Florida halts plans for joint hospital project
Gainesville-based University of Florida has halted plans to embark on a hospital project with Jupiter (Fla.) Medical Center. -
Norton Healthcare reports $30.2M Q2 gain ahead of new hospital opening
Louisville, Ky.-based Norton Healthcare reported an operating income of $30.2 million (2.6% margin) in the second quarter, compared to a $7.9 million gain (0.9% margin) in the same period last year, according to financial results published Aug. 12. -
All North Carolina hospitals sign on to state's medical debt relief plan
All 99 of North Carolina's eligible hospitals have opted into the state's plan to relieve $4 billion in medical debt for about 2 million low and middle-income people. -
Why Community Health Network's CFO rebranded his team the 'financial health group'
The healthcare industry has traditionally been slow to change, but it's changing rapidly now, and health systems need to adapt and evolve to grow, according to Kyle Fisher, CFO of Indianapolis-based Community Health Network. -
Hospital margins' 'new normal'
Hospitals' latest financial results point to the beginning of a slow and sustained recovery, Fitch Ratings said in an Aug. 12 report shared with Becker's. -
North Carolina 1st to try reopening shuttered hospital under new federal rule
North Carolina is attempting to resurrect a closed hospital as a rural emergency hospital, NC Health News reported Aug. 12. If successful, it will be the first such revival of its kind in the U.S. -
Hospital downgrades keep outpacing upgrades: S&P
Nonprofit hospital rating downgrades outpaced upgrades in the last year, a trend that is expected to continue although the pace of downgrades is slowing, according to an Aug. 7 S&P report focused on nonprofit acute healthcare medians in 2023. -
3rd Steward Massachusetts hospital faces closure, more sale hearings delayed
A third Dallas-based Steward Health Care hospital in Massachusetts could face closure as a potential owner has altered its bid, the Massachusetts Nursing Association said in an Aug. 12 news release. -
Fitch upgrades Mississippi hospital's credit rating
Fitch has upgraded the rating of Memorial Hospital at Gulfport (Miss.) from 'BBB-' to 'BBB.'
Page 13 of 50