Every year it feels like it's getting harder and harder to work with Medicare Advantage plans, Essentia Health's senior vice president of revenue services, Melanie Wilson, told Becker's.  

Ninety-six percent of CFOs surveyed by Black Book Research said digital transformation efforts remain at the forefront of their health systems' financial strategy and operations for 2025-2026.

Albany (N.Y.) Med Health System will no longer accept Humana Medicare Advantage for non-emergency services after June 30.

In his latest healthcare philanthropic effort, Citadel CEO Ken Griffin has donated $10 million to Chicago-based Northwestern Medicine. 

Revenue intelligence and automation company Adonis raised $31 million in Series B funding led by Point72 Private Investments.

It has been just over a year since Jim Molloy took over as executive vice president, CFO and treasurer at New Orleans-based Ochsner Health. Since then, the 46-hospital health system has shifted its focus from external to internal growth in an effort to primarily focus on better serving its existing patients.

Milwaukee-based Froedtert ThedaCare Health launched Jan. 1 as a newly combined, 18-hospital system and has big plans to continue to grow and improve care access and quality across Wisconsin. 

Los Angeles County is launching a pilot program that aims to eliminate up to $500 million in medical debt for 150,000 lower-income residents.

Process management company Provana has expanded its revenue cycle management footprint with the recent acquisition of five RCM companies.

Fitch downgraded Marshall, Mo.-nased John Fitzgibbon Memorial Hospital's rating to "CCC-" from "CCC."

Included below are 10 hospitals and health systems that recently shared job listings looking for CFOs and assistant CFOs.

Eighty-seven percent of C-Suite executives surveyed by Black Book Research said escalating financial pressures have intensified the demand for advanced technologies to address outdated revenue cycle management systems and underperforming services. 

Healthcare performance improvement company Vizient has exercised its option to acquire the remaining interest in Kaufman Hall, the company said in a June 25 announcement with private equity firm Madison Dearborn Partners. 

Core credit drivers for the nonprofit hospital sector are expected to remain challenged for the rest of 2024, according to a report published June 25 by Fitch Ratings. 

The California Department of Health will not interfere with San Jose, Calif.-based Regional Medical Center's plans to close its trauma center and reduce other services amid local stakeholder backlash.

The daunting wave of anticipated increased denials due to the cyberattack on Change Healthcare back in February has now landed on overwhelmed hospitals and health systems, many of which are drowning in a sea of denied claims.

The American Hospital Association denounced a new report that links hospital price hikes to job loss in local communities and increased suicide rates, saying findings are based on "extremely limited and disparate data." 

Denver voters will decide in November whether to approve a sales tax increase that would provide a funding boost to Denver Health, The Denver Gazette reported June 24.

A recent presentation at a Public Finance and Audit Committee meeting provided details about Portland-based Oregon Health & Science University's proposed budget for fiscal year 2025, including its plans to lay off at least 500 employees as part of ongoing strategic alignment work. 

From finalizing designs for a new hospital to affiliating with a mental health organization, here are what three health system CFOs told Becker's they are looking forward to in the second half of 2024.