Today's Top 20 Health Finance Articles
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Ardent's 'consumer-driven' strategy boosts Q3 margin, CEO says
Nashville, Tenn.-based Ardent Health reported a net income of $26.3 million (1.8% margin) in the third quarter, up from $20.8 million (1.5% margin) in the same quarter last year. -
New York system lays off managers
Westchester Medical Center Health Network, a nine-hospital system headquartered in Valhalla, N.Y., is laying off about 130 people primarily in corporate and administrative roles, a spokesperson for the system confirmed to Becker's. -
MaineHealth hospital to end labor and delivery services
Belfast-based MaineHealth Waldo Hospital has shared plans to restructure its obstetrics and end its labor and delivery services, effective April 1, 2025, according to a Nov. 7 news release shared with Becker's. -
Trinity hospital closes behavioral health unit due to financial issues
Mercy Fitzgerald Hospital in Darby, Pa., closed its 21-bed inpatient behavioral health unit, effective Oct. 26. -
Medical Properties Trust cuts Steward from portfolio, hits $801M net loss in Q3
Birmingham, Ala.-based Medical Properties Trust, one of the world's largest hospital real estate owners posted a net loss of $801 million in the third quarter of 2024 ended Sept. 30, a 786% decrease from a $117 million gain during the same period in 2023, according to a Nov. 7 news release. -
UPMC to lay off 100 workers
Pittsburgh-based UPMC has confirmed it is laying off about 100 employees, or 0.1% of its workforce. -
Vermont's only ACO to close
OneCare Vermont, an Accountable Care Organization, will end operations at the end of 2025 as the Vermont All-Payer ACO Model concludes. -
Shuttered Alabama hospital will settle 'outstanding payroll' soon, mayor says
Efforts to secure Thomasville (Ala.) Regional Medical Center's assets and transition to new ownership are underway, and the ultimate goal is to reopen the 29-bed hospital under new ownership as soon as possible, Thomasville Mayor Sheldon Allison Day said in a Nov. 5 Facebook post. -
From crisis to stability: Inside a California hospital's financial turnaround
When Stephen DelRossi joined Northern Inyo Healthcare District in 2022, one thing was apparent. -
Which healthcare ballot measures passed?
Donald Trump has been elected the 47th president of the U.S., potentially signaling significant health policy changes. -
Former Steward hospital misses payroll for some workers
Some employees at St. Joseph Medical Center in Houston say they did not receive the correct amount on their Nov. 1 paychecks, or receive them at all, ABC13 reported Nov. 4. -
Henry Ford Health CFO talks expanded role, Ascension Michigan JV
Robin Damschroder's recent promotion from executive vice president and CFO to executive vice president, president of value-based enterprise and CFO of Detroit-based Henry Ford Health comes at an exciting time for the health system, as it recently launched a joint venture with Ascension Michigan. -
Houston Methodist's new CFO's strategic plan for the system
With just one month as executive vice president and CFO of Houston Methodist under his belt, Anthony DeFurio has stepped into his new role with a clear vision for the future of the health system. -
R1 RCM posts $19.9M net loss in Q3
R1 RCM posted a net loss of $19.9 million in the third quarter of 2024, down from a net income of $1.3 million over the same period last year, according to its Nov. 5 financial report. -
Hospitals' chronic payment problem
CMS has finalized a 2.9% pay increase for hospital outpatient services in 2025, but the American Hospital Association argues that the incremental pay bump is well below what hospitals need to meet today's operational challenges. -
5 healthcare ballot measures
The 2024 election is expected to prompt significant health policy changes in the U.S., including on issues such as abortion, drug prices and Medicaid. -
U of New Mexico hospital levy renewal goes to ballot: 5 notes
Voters in Bernalillo County, N.M., will decide whether to renew property tax funding for the Albuquerque-based University of New Mexico Hospital in the upcoming general election. -
Hospitals slam 'irresponsible' site-neutral payment plan
Hospitals have pushed back against two senators' policy framework that details a plan to impose site-neutral payments on hospitals. -
CMS posts 3 final payment rules: 11 things to know
CMS has finalized its annual payment updates for physicians and outpatient and home health services for 2025. -
10 RCM headlines to know from October
Here are 10 revenue cycle management updates that Becker's reported in October:
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