Category: Static

HCA's 5-pronged business strategy

Nashville, Tenn.-based HCA Healthcare outlined its business strategy in its 2023 annual shareholders report released March 15. 

Banner reports $282.8M operating income, 2% margin

Phoenix-based Banner Health posted an operating income of $282.8 million (2% margin) in 2023, a substantial mprovement on the $16.6 million operating gain (0.1% margin) reported the previous year.

How CMS is digitizing prior authorizations to save $15B

CMS is aiming to solve one of healthcare’s most perplexing — and time-consuming — issues: the dreaded prior authorization.

Intermountain posts $137M operating income, 0.9% margin

Salt Lake City-based Intermountain Health posted an operating income of $137 million (0.9% margin) in 2023, improving slightly on the $121 million gain (0.9% margin) reported the previous year. 

Providence debt collector ordered to pay $827K for rights violations

A Washington judge ordered a debt collection agency hired by Renton, Wash.-based Providence to pay $827,000 for violating patients’ medical debt collection rights more than 82,000 times. 

Healthcare workers included in new $6B student loan relief

The Biden-Harris Administration announced March 21 the release of an additional $5.8 billion in student loan debt relief for 77,700 public service workers, including those in healthcare.  

The systems, hospitals with the most top physicians, per Castle Connelly

Castle Connolly released its 2024 accolades, recognizing health systems and hospitals that have the most top physicians.

AdventHealth plans $254M hospital amid HCA turf war

Altamonte Springs, Fla.-based AdventHealth has selected a location for its new $254 million community hospital in North Carolina, though the system is still awaiting the resolution of an appeal filed by Asheville, N.C.-based Mission Health.

Norton aims to raise $200M

Louisville, Ky.-based Norton Healthcare and Norton Children’s launched the “Just Imagine” campaign March 20 to raise millions in support of health equity and expanding specialty care.

New York system names new CEO

The board of directors for Cooperstown, N.Y.-based Bassett Healthcare Network unanimously voted to promote Staci Thompson from interim to permanent president and CEO.