Andrew Cass

Chicago

Senior Reporter at Becker's Hospital Review

Former @newsheraldinoh reporter. Bio update procrastinator.

Featured in: Favicon

beckershospitalreview.com Favicon

govtech.com Favicon

daytondailynews.com Favicon

newsbreak.com Favicon

news-herald.com Favicon

lawgazette.co.uk Favicon

morningjournal.com Favicon

ourcommunitynow.com Favicon

philstockworld.com Favicon

collectionadvisor.com + 6 more

Articles

Humana sets quarterly dividend

6 days ago | beckerspayer.com | Andrew Cass

Humana’s board of directors declared a $0.885 per share dividend to be paid July 25. The dividend will be paid to all shareholders of record as of the close of business June 27, according to an April 17 Humana news release. Humana will release its first-quarter 2025 earnings report on April 30. In the fourth quarter of 2024, Humana recorded a $693 million loss, reflecting increased benefits expenses, particularly in Medicare Advantage and state-based contracts.
CFPB to cut 1,500 jobs, deprioritize medical debt protection efforts: Report | Becker's

6 days ago | beckershospitalreview.com | Andrew Cass

The Consumer Financial Protection Bureau plans to eliminate at least 1,500 positions and deprioritize several areas including medical debt, The Wall Street Journalreported April 17. In a memo sent to staff, the agency’s chief legal officer said the CFPB would focus on fraud with “consumer damages as opposed to matters based on the Bureau’s perception that consumers made ‘wrong’ choices,” according to the report.
Ohio AG asked to probe Summa Health's proposed sale to General Catalyst

6 days ago | beckershospitalreview.com | Andrew Cass

A group of Ohio residents have submitted a letter asking Ohio Attorney General Dave Yost to investigate Akron-based Summa Health’s proposed sale to venture capital firm General Catalyst’s Health Assurance Transformation Corp. subsidiary.
General Catalyst target Summa Health cuts operating loss in 2024

1 week ago | beckershospitalreview.com | Andrew Cass

Akron, Ohio-based Summa Health reported an operating loss of $8.1 million (-0.4% operating margin) in 2024, an improvement from a $43.5 million operating loss (-2.3% margin) in 2023, according to its financial report for the year ended Dec. 31. Summa recorded operating revenue of $2 billion in 2024, up from $1.9 billion in 2023. Patient service revenue was $1.3 billion, up from $1.2 billion in 2023. Premium revenue was $474.9 million, up from $455.6 million.
UHS' CEO-to-worker pay ratio in 2024

1 week ago | beckershospitalreview.com | Andrew Cass

King of Prussia, Pa.-based Universal Health Services CEO and President Marc Miller was paid 281 times what the median employee earned in 2024, according to a proxy statement filed April 3 with the Securities and Exchange Commission. The 2024 annual compensation for Mr. Miller was $15,021,836. The median UHS employee’s salary in 2024 was $53,396. The ratio of these amounts is 281-to-1.
Moody's upgrades ProMedica's credit rating

1 week ago | beckershospitalreview.com | Andrew Cass

Moody’s upgraded Toledo, Ohio-based ProMedica Health System’s rating to “Ba1” from “Baa2.” The upgrade reflects the successful completion of corporate restructuring initiatives and “greater discipline managing core operations, which will help sustain material improvement in financial performance and liquidity,” Moody’s said in an April 17 report. “The system has ample cushion to withstand market volatility and potential federal funding cuts,” the ratings agency said.
Vermont regulator appoints liaison in UVM Health Network settlement | Becker's

1 week ago | beckershospitalreview.com | Andrew Cass |Kelly Gooch |Madeline Ashley |Alan Condon

The Green Mountain Care Board has appointed the former head of Vermont’s Agency of Human Services, Mike Smith, to serve as an independent liaison to Burlington-based University of Vermont Health Network, the Burlington Free Pressreported April 17. Four things to know:1. Mr. Smith will review and give his opinion on the health system’s budget and management decisions, according to the report.
HCA Florida hospital names COO

1 week ago | beckershospitalreview.com | Kristin Kuchno |Andrew Cass

Hank Grinold has been appointed COO of HCA Florida Blake Hospital in Bradenton, effective April 14. Mr. Grinold joined Nashville, Tenn.-based HCA Healthcare in 2020 and most recently served as vice president of operations at Alaska Regional Hospital in Anchorage, according to an April 14 news release. In that role, he played a key role in expanding the hospital’s robotics program and improving access to oncology and stroke services, the release said.
2 health systems, Epic named in patient privacy lawsuit

1 week ago | beckershospitalreview.com | Naomi Diaz |Andrew Cass |Erica Carbajal

The University of Kansas Health System, Lawrence (Kan.) Memorial Hospital and Epic Systems are facing a class-action lawsuit after a physical therapist allegedly accessed the private medical records of more than 400 patients without authorization, The Topeka Capital-Journal reported April 16.
25 recent revenue cycle executive moves

1 week ago | beckershospitalreview.com | Andrew Cass |Kristin Kuchno |Kelly Gooch

Trinity Health and Novant Health are among the health systems that have recently made revenue cycle leadership hires. Here are 25 hospital and health system revenue cycle executive moves that Becker’s has reported on in 2025:1. Livonia, Mich.-based Trinity Health has named Carey Roach vice president of mid-revenue cycle. 2. Sioux Falls, S.D.-based Sanford Health named Tony Morrison vice president and chief revenue cycle officer. 3.