Here are five articles published on Becker's Hospital Review this past week that offer insight on patient loan programs, hospital credit downgrades and what causes M&A deals to collapse.
1. Beating the self-pay problem: How 3 hospitals developed patient loan programs
Hospitals and health systems are looking for creative ways to tackle a thorny and growing problem: how to collect self-pay accounts associated with a growing number of high-deductible health plans.
2. 20 lawsuits over surgeries cause Wyoming hospital to file for bankruptcy
A hospital in Powell, Wyo., filed for bankruptcy as it faces about 20 lawsuits over surgeries performed by orthopedic surgeon Jeffrey Hansen, MD.
3. 6 hospitals receive credit downgrades in past month
Six hospitals and health systems received a credit downgrade during the past month, according to a report from HFA Partners.
4. Tax-exempt status of 30 New Jersey hospitals in jeopardy
The tax-exempt status of 30 hospitals in New Jersey are uncertain due to a flurry of tax appeals filed in the state.
5. So many M&A deals collapse because leaders neglect this simple strategy
An analysis of 2,500 acquisitions by LEK Consulting shows more than 60 percent of them destroy shareholder value. Yet many corporate leaders continue to feel compelled to pursue growth through mergers and acquisitions, reasoning that failing to increase scale poses equally dangerous risks.
More articles on healthcare finance:
Tax-exempt status of 30 New Jersey hospitals in jeopardy
6 hospitals receive credit downgrades in past month
Scripps' finances steady despite costly Epic EHR, RCM system rollout