Today's Top 20 Health Finance Articles
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Nurses to speak out against New York hospital maternity ward closure
New York State Nurses Association nurses who work at Smithtown, N.Y.-based St. Catherine of Siena Hospital will hold a town hall Jan. 18 to speak out against the hospital's Feb. 1 planned maternity ward closure. -
Financial pressures to drive health system M&A, even among strong hospitals
The number of financially distressed hospitals looking for a partner increased from 2022 to 2023, as financial pressures became a driving force in healthcare mergers and acquisitions last year, according to a Jan. 18 Kaufman Hall report. -
CFOs getting more CEO jobs
More CFOs are moving to CEO or president roles, but finance executives must be well-versed in what drives growth to find success in the corner office, Bloomberg reported Jan. 16. -
Rural New York hospital going emergency only
Clifton-Fine Hospital, a 20-bed critical access facility in Star Lake, N.Y., plans to convert into a rural emergency hospital, wwnytv.com reported Jan. 17. -
Central Maine Healthcare to sell buildings amid layoffs, service cuts
Lewiston-based Central Maine Healthcare plans to sell two of its Lewiston buildings to combat financial challenges brought on by the pandemic, the Sun Journal reported Jan. 17. -
R1 RCM completes acquisition of Providence's Acclara
R1 RCM completed its acquisition of revenue cycle management company Acclara from Renton, Wash.-based Providence. -
'A step in the right direction': Payer, provider groups weigh in on new prior authorization rule
CMS finalized a rule Jan. 17 aiming to streamline the prior authorization process and improve the electronic exchange of health information that it estimates will save $15 billion over 10 years. -
'Not merely a cost-cutting exercise': University Hospitals' Medicare Breakeven project off to impressive start
Hospitals and health systems are facing a new existential challenge that puts their financial stability at risk: sustained and significant increases in the costs required to care for patients and communities, according to the American Hospital Association. -
New York may stop hospitals from suing patients for medical debt
New York Gov. Kathy Hochul proposed halting a policy requiring state-owned hospitals to file lawsuits against patients over medical debt, according to Syracuse.com. -
15 emerging RCM vendors, per KLAS
KLAS named 15 revenue cycle and operations companies among its emerging healthcare IT vendors for 2024. -
World's 1st trillionaire less than 10 years away
The world's first trillionaire will emerge within a decade, Oxfam International predicts. -
UPMC, Washington Health deal jumps through more hoops
Pennsylvania Attorney General Michelle Henry has planned a public hearing for the afternoon of Jan. 18 to take comments regarding Pittsburgh-based UPMC's planned affiliation with Washington (Pa.) Health System, the Pittsburgh Post-Gazette reported Jan. 17. -
CMS finalizes prior authorization rule expected to save $15B
CMS has finalized a rule to streamline the prior authorization process and improve the electronic exchange of health information that it estimates will save $15 billion over 10 years. -
California health system turning competitors into partners
Escondido, Calif.-based Palomar Health has had a challenging few years, President and CEO Diane Hansen told Becker's. But there are exciting plans ahead with the opportunity for new and unique partnerships. -
Look to reimbursement to ease pediatrician shortages, UChicago leader says
As healthcare staffing shortages persist, one specialty that continues to feel the scarcity is pediatrics. -
Central Maine Healthcare cuts 45 jobs
Lewiston-based Central Maine Healthcare is laying off 45 employees as part of management reorganization. -
Florida hospital cuts ER airlift service, conducts layoffs
Lewisville, Texas-based Med-Trans, a medical transport provider, closed its UF Health ShandsCair base serving Gainesville, Fla.-based UF Health Shands Hospital on Jan. 10 due to decreased transportation demands. -
Hospitals are back in the municipal bond market: 5 things to know
Hospitals are turning to the municipal bond market at a significantly higher rate than they did a year ago as they target a shift from "survival to revival," Bloomberg reported Jan. 12. -
LCMC merger sees $220M expansion
New Orleans-based LCMC Health is moving forward with expansion plans after its $150 million purchase of three HCA Healthcare hospitals. -
City sounds alarms on cash-strapped Florida hospital
The city of Jacksonville, Fla., is reevaluating its agreement with UF Health Jacksonville after the hospital lost a significant amount of money in the last fiscal year.
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