Financial challenges were the second-most pressing concern for hospital CEOs in 2023, according to the American College of Healthcare Executives’s annual survey of top issues confronting hospitals.
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CommonSpirit expects $1B in cash payments by end of year
CommonSpirit CFO Dan Morissette said the Chicago-based health system expects to receive more than $1 billion in cash payments by end of 2024 or early 2025 on four one-time funding opportunities.
From arias to RCM: How opera singing helped Henry Ford Health's revenue cycle VP's healthcare career
Before she got into healthcare, Jennifer Rohs, vice president of revenue cycle at Detroit-based Henry Ford Health, was a professional opera singer.
Texas hospital CFO promoted to CEO amid ownership change
Nacogdoches (Texas) Memorial Hospital has named Rhonda McCabe CEO, The Daily Sentinel reported March 6, after Lion Star, the group that runs the hospital, reached an agreement with the Nacogdoches (Texas) County Hospital District to transition hospital…
3 HCA Florida hospital freestanding EDs open in 1 month
Three HCA Florida Healthcare hospitals have opened a freestanding emergency department in the last month as the health system continues to expand its freestanding ED footprint.
Oklahoma hospital opens state's 1st pediatric heart transplant program
Oklahoma City-based Oklahoma Children’s Hospital is the first in the state to open a pediatric heart transplant program, ABC affiliate KOCO reported March 5.
$83M on the line for New York hospital in need of new CEO
Some Nassau County Democratic legislators and community stakeholders are calling for an overhaul and oversight as Nassau University Medical Center, a 530-bed tertiary care teaching hospital in East Meadow, N.Y., faces significant financial struggles.
Ohio hospital CEO to retire
Bill Sheron is retiring as president and CEO of Wooster (Ohio) Community Hospital.
Mount Sinai Beth Israel ending stroke, cardiac services amid hospital closure plans
New York City-based Mount Sinai Health’s Beth Israel campus will end its stroke and cardiac services March 10 due to voluntary staff departures since the planned closure of the hospital was shared in September.
Workforce trends CFOs must know
The labor market pendulum is beginning to swing back in the favor of employers, but staffing shortages and controlling workforce costs are expected to continue to be a challenge for finance leaders for the foreseeable future.
