Author's posts
HonorHealth exits the red with $32.8M operating gain
Scottsdale, Ariz.-based HonorHealth reported a $32.8 million operating gain (1.1% margin) in 2023, up from a loss of $4.3 million (-0.2% margin) in 2022, according to financial documents published March 27.
CMS floats 2.8% pay bump for inpatient rehab facilities
CMS has released its proposed rule for inpatient rehabilitation facilities, which would see an estimated 2.8% increase in payments in 2025.
R1 RCM reports data breach
R1 RCM has notified patients potentially affected by a cybersecurity incident that involved personal identifiable information and personal health information.
CISA proposes rule for hospitals to disclose ransom payments
Hospitals and health systems may soon need to report a cybersecurity incident to the federal government within 72 hours and ransom payments within 24 hours.
Alabama's 1st African American female hospital CEO dies
Sandral Hullett, MD, former CEO of Cooper Green Mercy Hospital in Birmingham, Ala., has died, according to The Birmingham Times.
Healthcare billing fraud: 8 recent cases
From a former Georgia insurance commissioner pleading guilty to his role in a $2.5 million scheme to a durable medical equipment company owner sentenced to prison for “one of the largest Medicare fraud schemes in history,” here are eight healthcare bil…
The skills hospital CEOs are refining — and how they're doing it
Researchers have argued that there is no perfect CEO personality, and leaders of hospitals and health systems possess an array of qualities and strengths, ranging from softer skills such as honesty and openness to financial and technical knowledge. How…
Yale New Haven Health gets green light from Connecticut to buy 3 Prospect hospitals
The Office of Health Strategy in Connecticut has approved a certificate-of-need application from Yale New Haven (Conn.) Health that puts it one step closer to purchasing three Connecticut hospitals from Los Angeles-based Prospect Medical Holdings.
The meds that could increase heart damage in young adults
Young adults prescribed stimulant medications for attention-deficit/hyperactivity disorder are 57% more likely to develop cardiomyopathy after eight years compared to those not on stimulants, a new study found.
Kaiser-target Geisinger posts $366.6M net income in 2023
Danville, Pa.-based Geisinger Health posted a net income of $366.6 million in 2023, after posting a net loss of $834 million in 2022, according to its financial report for the year ended Dec. 31.
