Today's Top 20 Health Finance Articles
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11 areas where CFOs are investing more, less healthcare dollars
Fifty-two percent of healthcare CFOs said they plan to increase investment in specialty services this year while 42% said they plan to decrease investment in primary care, according to the 2024 BDO Healthcare CFO Outlook Survey. -
Connecticut denies Nuvance bid to close hospital's labor and delivery unit
Danbury, Connecticut-based Nuvance Health's certificate of need to terminate labor and delivery services at its Sharon (Conn.) Hospital has been denied by the Connecticut Office of Health Strategy. -
HCA co-founder's net worth hits a high
Shares of Nashville, Tenn.-based HCA Healthcare hit an all-time high last month, and a major shareholder is feeling that big lift. -
How a deepfake CFO scammed a company out of $25M
Hong Kong police said a finance worker at an unnamed multinational corporation was duped into paying out $25 million to fraudsters using deepfake technology to pose as the company's CFO, CNN reported Feb. 4. -
'A dire situation': Lawmaker calls for resources amid HSHS/Prevea closures
U.S. Rep. Derrick Van Orden of Wisconsin has expressed concerns to Wisconsin Gov. Tony Evers over the planned closure of two Hospital Sisters Health System hospitals and regional health centers the system operates with Green Bay, Wis.-based Prevea Health. -
Conifer, Dartmouth Health strike new deal
Revenue cycle management company Conifer Health Solutions and Lebanon, N.H.-based Dartmouth Health will continue their partnership through a new multiyear deal. -
Cano Health files for bankruptcy
Miami-based Cano Health, a primary care provider, has filed for Chapter 11 bankruptcy. -
CFOs' 2024 outlook: 4 takeaways
A majority of healthcare CFOs are anticipating revenue and profitability increases in 2024, according to the 2024 BDO Healthcare CFO Outlook Survey. -
Connecticut teases early plan to clear residents' medical debt
Connecticut is looking to forgive medical debt for residents in the first half of the year, with many details yet to be finalized. -
Iowa medical group cuts 52 positions
Dubuque, Iowa-based Grand River Medical Group laid off 52 employees Feb. 1, according to an Iowa WARN notice filed Feb. 1. -
Rush lays off admin, leadership staff
Chicago-based Rush University System for Health has laid off an undisclosed number of workers in administrative and leadership positions, citing "financial headwinds affecting healthcare providers nationwide." -
10 health systems with strong finances
Here are 10 health systems with strong operational metrics and solid financial positions, according to reports from credit rating agencies Fitch Ratings and Moody's Investors Service released since Dec. 1. -
Steward puts financial Band-Aid on Massachusetts hospitals
Dallas-based Steward Health Care is throwing a financial safety net around its nine Massachusetts hospitals amid reports that the health system was looking to sell four of them to settle its ongoing financial difficulties. -
Optum didn't build hospitals — it hired their employees
In 2019, former UnitedHealth Group CEO David Wichmann made a clear statement to investors: Optum's growth strategy did not include ownership of inpatient care facilities. In other words, the company would not build hospitals. -
10 physicians affected by staffing changes at Pennsylvania health system
Ten physicians at Johnstown, Pa.-based Conemaugh Health System, part of Brentwood, Tenn.-based Duke LifePoint Healthcare will be affected by staffing structure changes and service consolidation at some of its practices, The Tribune-Democrat reported Feb. 2. -
Prospect Medical Holdings gets strict deadline for Crozer Health sale
Los Angeles-based Prospect Medical Holdings is required to inform potential buyers that its Upland, Pa.-based Crozer Health is for sale under a recent agreement approval, The Philadelphia Inquirer reported Feb. 1. -
Potential buyer steps forward for HSHS hospitals facing closure
A Wisconsin independent physician network has reached out to Springfield, Ill.-based Hospital Sisters Health System hoping to purchase some of its hospital properties in Wisconsin. -
Providence to repay, forgive $157.8M in patient debt
Renton, Wash.-based Providence will provide $157.8 million in refunds and debt relief to low-income patients as part of an agreement with the Washington State Office of the Attorney General stemming from a lawsuit filed against the system two years ago. -
U of Chicago Medical Center lays off 180 workers
University of Chicago Medical Center has laid off about 180 employees, or less than 2% of its roughly 13,000-person workforce. -
How HCA plans to tackle its long-term goals in 2024
HCA CEO Sam Hazen said the Nashville, Tenn.-based health system plans to invest significantly in its long-term plans in 2024.
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