Finances: Page
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Last hospital in a rural Texas community closes down
The Gulf Coast Medical Center has been redirecting its patients to other facilities and taxpayers are helping to foot the bill.
By Ana Mulero • Nov. 22, 2016 -
CHS unloads 2 hospitals, reduces debt in $425M deal
The deal cuts CHS' presence in Washington from 4 to 2 hospitals.
By Heather Caspi • Nov. 21, 2016 -
Deep Dive
5 financial considerations in the Anthem/Cigna-DOJ trial
The antitrust trial begins today.
By Ana Mulero • Nov. 21, 2016 -
Blue Shield of California staying the course on Obamacare
“We wouldn’t be running for the hills,” Blue Shield of California CEO Paul Markovich told California Healthline.
By Meg Bryant • Nov. 18, 2016 -
Hospital consolidation drives increases in private payer rates, MedPAC finds
The gap between reimbursement rates set by private payers and by Medicare is growing.
By Luke Gale • Nov. 17, 2016 -
Deep Dive
9 ways hospitals can reduce debt
Many hospitals and health systems don’t have a complete handle on what their costs of care are and they’re losing money as a result, says BDO Consulting’s Patrick Pilch.
By Meg Bryant • Nov. 16, 2016 -
Opponents fight $1B Boston Children's expansion over garden
Citizens are raising debate over the hospital's actual need for expansion.
By Heather Caspi • Nov. 14, 2016 -
BlackRock raises stake in troubled CHS
CHS has been selling off hospitals to bring down a $15 billion debt.
By Meg Bryant • Nov. 11, 2016 -
Specter of ACA repeal sends hospital stocks down
Insurers saw more of a mixed bag of impacts depending on their business models.
By Heather Caspi • Nov. 10, 2016 -
Nevada passes measure to exempt medical equipment from sales tax
The industry-driven initiative must pass again in 2018 to go into effect.
By Heather Caspi • Nov. 10, 2016 -
Major Florida health system explores another merger
Baptist Health could increase its South Florida footprint with the addition of Fishermen’s Community Hospital.
By Heather Caspi • Nov. 9, 2016 -
Kindred announces Q3 loss, exit from skilled nursing facility business
The company is refocusing in response to industry changes.
By Heather Caspi • Nov. 9, 2016 -
Cigna ACA expansion plans stall as profits fall
Losses stemming from a CMS ban levied in January on Medicare participation continue to cost Cigna.
By Luke Gale • Nov. 4, 2016 -
CHS selling 17 hospitals in 7 deals
The system is continuing to try to reduce its debt amid news of a third quarter net loss of $79 million.
By Heather Caspi • Nov. 3, 2016 -
Per-person healthcare spending down as of 2013
The findings provide a glimpse into healthcare costs during partial implementation of the ACA.
By Heather Caspi • Nov. 3, 2016 -
Here are the five healthcare positions whose salaries were raised in the past year
A new Glassdoor report found while demand for healthcare workers is on the rise, there are geographical differences in pay rates.
By Luke Gale • Nov. 2, 2016 -
Blackstone snaps up TeamHealth for $6.1B
The deal includes a “go-shop” period that allows both parties to entertain better offers.
By Meg Bryant • Nov. 1, 2016 -
HHS restricts short-term insurance plans to under 3 months
Americans that purchase short-term plans will have to pay the individual penalty as they won't have ACA-compliant coverage and health insurers must notify their customers under the new rule.
By Ana Mulero • Oct. 31, 2016 -
Aetna profits from government programs, just not ACA
Sales of plans through Medicare and Medicaid contracts helped fuel a strong third quarter for the insurance giant.
By Meg Bryant • Oct. 28, 2016 -
CHS woes trigger stock freefall
The hospital operator stated low patient volume and reimbursement reductions will drive down Q3 earnings.
By Luke Gale • Oct. 28, 2016 -
Dignity, CHI are talking. Could a merger be on the horizon?
The combined health systems would have annual revenues of about $27.8 billion.
By Meg Bryant • Oct. 25, 2016 -
CMS pushes for more MACRA participation with new Advanced APM options
An Oncology Care Model track will now qualify as an Advanced APM for the 2017 performance year.
By Ana Mulero • Oct. 25, 2016 -
PwC: Hospitals need to think like retailers
Nearly 40% of American adults said they shop around for healthcare prices.
By Meg Bryant • Oct. 25, 2016 -
Medtech startups slow as venture funding drops
The medical technology industry is “graying” and not as dynamic as it once was, a new report by AdvaMed says.
By Meg Bryant • Oct. 20, 2016 -
St. Joseph's Health accepts $2.14M settlement over HIPAA violations
Files in the health system's electronic medical records system were publicly accessible through online search engines from February 2011 to February 2012.
By Meg Bryant • Oct. 20, 2016