In late 2022, CommerceHealthcare® published its annual assessment of leading issues and opportunities influencing providers. The report, Healthcare Finance Trends for 2023 – Multiple Intersecting Challenges, offered eight themes in four overarching categories:
Financial.
Patient financial experience.
Digital transformation.
Building trust.
Four financial themes were prominent in the year’s first half.
Chasing elusive profitability
The median hospital operating margin turned positive…
More than 4 million federal student loan borrowers are enrolled in the Biden administration’s new repayment program, according to figures released Tuesday by the Department of Education.
With the pause of more than three years on federal student loan repayments coming to an end in October, and the Supreme Court’s summer decision to strike down the White House’s one-time debt relief program, the Department of Education has rolled out several repayment and loan forgiveness programs. One of those…
United Airlines said Tuesday it repaired a technology glitch that had forced it to halt departures nationwide, briefly crippling one of the nation's biggest carriers on a busy travel day.
Federal officials said United crews had been unable to contact airline dispatchers through normal means.
“A software update caused a widespread slowdown in United’s technology systems,” and was not a cybersecurity issue, United said in a statement, according to the Associated Press.
The Federal Aviation…
A veto session could indicate how much influence the Missouri governor has left. Plus, a clear favorite has emerged to be the next speaker of the Missouri House.
Hospital Sisters Health System (HSHS), which operates several facilities in Metro East, said late Monday that it continues working to address a weeklong computer outage following a "cybersecurity incident."
Over the Labor Day weekend, SSM Health Saint Louis University Hospital nurses voted in favor of a strike as several of them say they are not being heard by SSM Health leaders.
Ninety-four percent of the nurses at SLU Hospital voted in favor of a strike.
They’ve been without a contract since June.
Nurses say staffing shortages at SLU Hospital are already at the point where it's tough to dedicate the appropriate amount of time to each patient and something has to change.
National Nurses United…
A family-owned restaurant in south St. Louis that announced it was closing its doors has seen a swell of support.
Owners of the Original Crusoe's, at 3152 Osceola St. in the Mount Pleasant neighborhood, broke the news on social media earlier this week.
The original owner, Steve Limmer, purchased the building in 1979 and his daughter, Stephanie Limmer LaChance, has kept the business up and running.
Stephanie, who is nicknamed Stevie after her dad, made the difficult decision. She took over the…
Hospital Sisters Health System (HSHS), which operates several facilities in Metro East, continues to experience the effects of a weeklong systemwide failure of its computer systems that it now considers a "cybersecurity incident."
ESPN went dark Thursday night for Spectrum cable customers — leaving area residents complaining that they couldn't watch Mizzou's opening football game or the U.S. Open tennis tournament.
An accounting firm with a major presence in the St. Louis area generated $1.7 billion in revenue one year after a merger created the eighth-largest U.S.-based company in the field.
United States Steel Corp., which has operations in St. Louis' Metro East, on Tuesday told its shareholders it was entering into confidentiality agreements "with numerous third parties" during its strategic review of the steelmaker but gave no indication how long it would take.
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