Jack O'Brien is the finance editor at HealthLeaders, a Simplify Compliance brand.
The Brentwood, Tennessee–based hospital operator announced that it had entered into an RSA on a "pre-packaged plan" to reduce its debt by about $500 million.
Researchers found that AAA partnerships with hospitals and health systems have increased in recent years, while affiliations with local health departments have decreased.
The volume of mergers and acquisitions activity fell off after March 12, according to a Kaufman Hall report.
Dr. Stephen Klasko discusses how the Philadelphia-based system has weathered the COVID-19 outbreak and how he expects how healthcare will change going forward.
The decision came days after the Louisville-based insurer waived customer cost-sharing and copays related to coronavirus treatment.
Robert Fish, CEO of Quorum Health, said the company remains engaged with debt holders about a "potential recapitalization or financial reorganization transaction."
The ratings agency stated that markets are "likely to remain very volatile."
The National Alliance of Healthcare Purchaser Coalitions survey also found employers increasingly embracing telemedicine services.
Utilizing ambulatory surgery centers would also increase medical-surgical bed capacity by 8% nationwide.
Beyond the immediate financial concerns, hospital CFOs must also figure out organizational issues spurred on by the coronavirus outbreak.