Finances


  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    HCA shares slide after company forecasts drop in 2023 profit

    The operator cited widespread inflation and continued effects from the COVID-19 pandemic as potential drags on its guidance this year.

    By Jan. 27, 2023
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    Illustration: Yann Bastard for Industry Dive

    Upcoming Medicaid redeterminations could hamper hospitals, payers

    Medicaid eligibility checks beginning in April will likely curb hospital revenue and enrollment growth for payers, Moody's Investors Service said in a report.

    By Jan. 26, 2023
  • Amazon doubles down on generic drugs with new RxPass subscription

    RxPass will cost Prime customers $5 per month to fill prescriptions from a list of about 50 generic medications.

    By Jan. 24, 2023
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    Adeline Kon/Healthcare Dive/Healthcare Dive

    Study throws claims of telehealth savings into doubt

    However, Kaiser Family Foundation researchers did stress telehealth’s benefit in expanding access and convenience for consumers.

    By Jan. 19, 2023
  • Cleveland Clinic CEO Tom Mihaljevic speaks at the nonprofit's State of the Clinic Address in February 2020
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    Courtesy of Cleveland Clinic

    Cleveland Clinic expects $200M-plus operating loss in 2022

    The anticipated loss is a stark contrast to 2021, when Cleveland Clinic reported its strongest financial performance ever with $746 million in operating income.

    By Jan. 19, 2023
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    Diego Camargo/Healthcare Dive

    Tenet shakes up leadership, operations team

    The role changes come a year after the system’s previous COO, Suam Sutaria, was promoted to CEO following the retirement of Tenet chief executive Ron Rittenmeyer.

    By Jan. 19, 2023
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    Spencer Platt via Getty Images

    Teladoc slashes 6% of workforce in cost-cutting effort

    The job cuts are part of a larger restructuring plan, with the telehealth company saying it’s eliminating redundant roles after prior mergers.

    By Jan. 18, 2023
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Healthcare company bankruptcies up 84% in 2022

    Filings rose significantly throughout last year, with about three times more in the fourth quarter than in the first quarter, according to a report from Gibbins Advisors.

    By Jan. 17, 2023
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    UnitedHealth Group

    UnitedHealth, flush off 2022 momentum, eyes membership, value-based growth

    Looking forward, UnitedHealth expects growth of its membership rolls, an increase in fully capitated lives in Optum Health and an acceleration of Optum Insight’s integration with Change Healthcare.

    By Jan. 13, 2023
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    Mark Wilson via Getty Images

    Hospitals disappointed with court ruling placing HHS in charge of 340B repayment

    The court’s ruling on Tuesday is the latest update in a yearslong legal dispute between safety net hospitals and the government over payment rates.

    By Jan. 11, 2023
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    400tmax via Getty Images

    Teladoc expects $2.4B in 2022 revenue, boosted by BetterHelp

    BetterHelp’s contribution implies a growth rate of 43% for the business, up from previous management targets, according to an SVB Securities analyst.

    By Jan. 10, 2023
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    Permission granted by Oak Street Health

    CVS reportedly exploring $10B buy of Oak Street Health

    Shares in Oak Street, which serves mostly seniors on Medicare, rose sharply following a Bloomberg report.

    By Jan. 10, 2023
  • Drugstore Chain Walgreens To Buy Duane Reade
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    Joe Raedle / Staff via Getty Images

    Walgreens raises healthcare segment outlook on Summit acquisition

    The company now expects the segment to bring in between $14.5 billion and $16 billion in sales in 2025.

    By Jan. 5, 2023
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    marchmeena29 via Getty Images

    Hospital margins improve modestly in November as expenses dip

    The monthly upturn in operating margins, identified in a new report from Kaufman Hall, is a bright spot in an otherwise difficult year for the nation’s hospitals.

    By Susan Kelly • Jan. 5, 2023
  • A sign for Massachusetts General Hospital adorns the parking garage at the hospital.
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    Jodi Hilton via Getty Images

    Labor shortage, inflation drove Mass General Brigham to $432M annual operating loss

    The system’s results reflect an “unrelenting economic crisis” impacting healthcare, President and CEO Anne Klibanski said.

    By Dec. 19, 2022
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Healthcare leaders expect turbulent operating environment next year

    Staffing challenges and high inflation are expected to continue into 2023, along with affordability issues for patients, shrinking margins and continual supply chain disruptions, according to a survey from Deloitte.

    By Dec. 16, 2022
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    Fotolia

    National health spending reached $4.3 trillion in 2021

    Increases in healthcare utilization and insurance coverage were offset by lower government spending on COVID-19, according to new CMS data.

    By Dec. 14, 2022
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     iStock.com/Ridofranz

    Nonprofit hospitals’ staffing challenges easing, Fitch says

    Still, the ongoing pandemic, influenza and RSV cases are causing capacity issues that pose a major near-term risk to labor costs.

    By Dec. 14, 2022
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    Spencer Platt via Getty Images

    Bright Health in danger of being booted from NYSE

    The insurtech, which went public last year, has struggled with medical costs during the pandemic and has shrunk its business over the past year.

    By Dec. 13, 2022
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    Ergin Yalcin via Getty Images
    Sponsored by Pitney Bowes

    5 hospital shipping oversights that create financial waste

    Shipping and receiving may not get much attention in busy healthcare environments, but there are untapped efficiencies that can come from a more robust and centralized strategy. 

    Dec. 12, 2022
  • Centene's headquarters in Clayton, Missouri, a suburb outside of St. Louis.
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    Samantha Liss for Healthcare Dive

    Centene reaches $17M settlement with Oregon

    The payer has reached settlements with 13 states over allegations it overcharged Medicaid programs.

    By Dec. 9, 2022
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    For most of COVID-19 pandemic, major for-profit hospitals’ operating margins exceeded years prior

    HCA and Tenet had operating margins of at least 10% and at least 5%, respectively, in nine out of 11 quarters, according to a report out Monday from the Kaiser Family Foundation.

    By Dec. 5, 2022
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    Brandon Bell via Getty Images

    Key healthcare stories from 2022

    This year has been especially tumultuous for healthcare, with the overturning of Roe v. Wade, numerous labor disputes and major M&A announcements.

    By Dec. 5, 2022
  • Cleveland Clinic losses top $1.5B amid inflation pressures

    Hospital operators are continuing to report rising losses in a tricky operating environment, with staffing shortages and high labor costs pressuring finances.

    By Dec. 1, 2022
  • A surgeon stands in a hospital room bending over a small table of medical instruments
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    Mario Tama via Getty Images

    Hospitals to end year with negative margins, Kaufman Hall reports

    Systems face continued staffing shortages and fewer discharges amid increased expenses, according to Kaufman Hall’s report.

    By Nov. 30, 2022