Becker's Healthcare September 19, 2025
St. Louis-based Ascension has made significant progress in stabilizing its revenue cycle after last year’s ransomware attack — as well as the Change Healthcare cyberattack — created billing delays, payment disruptions and a temporary backlog of claims.
The Catholic health system reported net days in accounts receivable of 51.3 at June 30, 2025, a 27-day improvement from the same time last year. While still slightly elevated compared to the 47-day average prior to the cyberattack, the trend signals a meaningful recovery in the system’s ability to collect payments and manage cash flow, management said in a financial report published Sept. 17
Ascension’s net unrestricted cash and investments totaled $15.5 billion at June 30, 2025, representing 39% of total assets. The...
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