Today's Top 20 Health Finance Articles
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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. -
Nurses slam Prime for 'systematic' hospital cuts
Nurses rallied outside Suburban Community Hospital in East Norriton, Pa., on July 17 to protest Prime Healthcare's downsizing of the facility and to seek answers to questions they argue that the health system has evaded. -
2 firms, 7 RCM company acquisitions
Two firms recently announced a flurry of moves that saw them collectively acquire seven revenue cycle management companies. -
Healthcare unaffordable for more Americans: Report
Healthcare affordability has become a greater struggle for Americans, with the percentage of Americans who can afford and access prescription drugs and quality healthcare at 55%, a six-point decline since 2022. -
Medical assets from 2 closed New York hospitals to be sold
Medical assets from two closed hospitals — St. Elizabeth Medical Center and Faxton St. Luke's Healthcare-St. Luke's Campus, both in Utica, N.Y. — are set to be auctioned by a medical equipment company. -
UW Health's $900M expansion plan: 4 notes
Madison, Wis.-based UW Health has several construction projects in the works to meet growing demand for care, including a new hospital and clinic. In all, the expansions represent an investment of more than $900 million. -
OhioHealth to expand hospital, add 200 jobs
OhioHealth launched an ambitious expansion plan to Dublin (Ohio) Methodist Hospital to add inpatient and critical care capacity. -
Med-Metrix acquires RCM company
Med-Metrix is acquiring Healthcare Receivable Specialists, a company providing a suite of technology-enabled eligibility management services. -
Steward physician group auction date delayed
Dallas-based Steward Health Care filed a notice July 15 to extend the auction deadlines for its physician group, Stewardship Health. -
What 15 hospitals have been fined for price transparency violations
CMS has now fined 15 hospitals for alleged price transparency violations. -
Hospitals uneasy about pay structure in proposed primary care bill
The American Hospital Association has expressed its concern about the proposed payment structure in the Pay PCPs Act, which aims to improve support and pay for primary care providers. -
Erlanger gets credit rating upgrade
Moody's upgraded Chattanooga, Tenn.-based Erlanger Health System's credit rating to "Baa1" from "Baa2." -
Change breach disrupts two-midnight rule analysis for hospitals
The cyberattack on Change Healthcare in February significantly disrupted administrative healthcare processes around the country, including some hospitals' ability to track the effects of a new Medicare Advantage policy from CMS that rolled out earlier this year. -
'Budget from reality': Temple Health's tech-driven cost-tracking strategy
Philadelphia-based Temple University Health System is using a new accounting software that enables an unprecedented level of specificity when it comes to how the organization tracks the costs of delivering care. -
Jackson Memorial Hospital fined for price transparency violation
CMS has fined Miami-based Jackson Memorial Hospital for alleged price transparency violations. -
Steward pushes Arizona hospital auction dates again
Dallas-based Steward Health Care filed a July 13 notice to yet again push back the dates of its "first round hospitals" in Arizona just days before their bid deadline of July 15. -
23 health system rating downgrades
Multiple hospitals and health systems have suffered downgrades to their financial ratings this year amid rising expenses, ongoing operating losses and challenging work environments. -
The million-dollar question facing CFOs
It's no secret that hospitals and health systems continue to deal with rising costs, leading to many healthcare finance leaders looking for solutions to offload some of that pressure.
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