Finances: Page 103
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Aging populations pose global economic threat
The rise of healthcare costs combined with changing demographics will impact nations worldwide.
By Heather Caspi • May 5, 2016 -
HCA reports 17% Q1 profit increase amid rising admissions
Growth in health coverage and in free-standing EDs may be fueling the increased patient volume.
By Heather Caspi • May 5, 2016 -
Tenet posts $59M Q1 loss as lawsuit reserve grows to $407M
The company predicts competition will take on UnitedHealth's deserted ACA markets and stated it will be happy to fight for it.
By Meg Bryant • May 4, 2016 -
Beth Israel Deaconess to raise minimum wage at Plymouth hospital to $15/hour
The hospital has agreed to raise minimum wage 8.5% over the next three years to $16.08 an hour by 2019.
By Nina Flanagan • May 3, 2016 -
Study results question if most profitable hospitals are actually for-profit orgs
In a study published in Health Affairs this month, researchers found seven out of the 10 most profitable hospitals were nonprofits.
By Ana Mulero • May 3, 2016 -
Math errors from a 19-bed MA hospital may result in 2,000 layoffs throughout state
After consultants hired by Partners Healthcare submitted several mistakes to Medicare, hospitals in the state could see a $160 million reduction in reimbursements.
By Ana Mulero • May 2, 2016 -
Abbott & St. Jude to create massive medical device manufacturer with $25B acquisition
Abbott's planned acquisition of St. Jude coincides with an increase in heart disease in the U.S.
By Meg Bryant • April 29, 2016 -
Aetna books strong Medicaid showing in Q1, declining net income
The health insurance giant said two-thirds of states have approved its acquisition of Humana, putting it on target to close in the second half of the year.
By Meg Bryant • April 29, 2016 -
RxCrossroads $25M planned expansion to add 400 jobs in Louisville
The health services company said the expansion is needed to meet future customer demand.
By Meg Bryant • April 29, 2016 -
Tenet looks to slower growth, improving cash flow
The hospital operator’s market value dropped to about $2.8 billion since July, causing it to leave the S&P 500.
By Meg Bryant • April 27, 2016 -
Centene post-Health Net acquisition Q1 financials shares optimism for ACA markets
The company gained many of its 683,000 first quarter exchange members through its Health Net deal.
By Heather Caspi • April 27, 2016 -
Anthem Q1 earnings drop 19% year-over-year
The insurer's Q1 earnings slipped to $2.63 per share despite increased revenue, with increased medical costs cited as the reason for the drop.
By Ana Mulero • April 27, 2016 -
Nokia focuses on digital health, acquires Withings for $191M
Whithings manufactures smartphone-connected weight scales, blood pressure cuffs, activity trackers, and thermometers.
By Nina Flanagan • April 27, 2016 -
American Hospital Association brief indicates telehealth helps lower costs
Private payers cover and reimburse for telehealth costs more often than Medicare.
By Nina Flanagan • April 27, 2016 -
Harvard to launch health and happiness research center
The Lee Kum Kee family donated $21 million to study the link between happiness and health at Harvard's T.H. Chan School of Public Health.
By Nina Flanagan • April 26, 2016 -
Google Glass startup gets $17M boost from TriHealth, other investors
Augmedix is betting the device will gain traction among healthcare professionals to help physicians reduce charting time.
By Nina Flanagan • April 26, 2016 -
Employers provide free surgeries in bundled payment experiments
Some large companies beat Medicare to the game and are sharing their lessons learned.
By Heather Caspi • April 25, 2016 -
Adventist Health comes to rescue of three rural clinics
The failing Colusa Regional Medical Center said it will close today after reporting losses of $4.8 million.
By Meg Bryant • April 22, 2016 -
2015 med school grads averaged $183,000 in loan debt
A Medscape survey also found 60% of 19,000 physicians surveyed were nonetheless in good financial shape.
By Heather Caspi • April 21, 2016 -
UnitedHealth nets $19.7B with Optum earnings
While the insurer plans to exit at least 18 ACA state markets next year, Optum's earning show UnitedHealth will be fine without the individual coverage revenue.
By Heather Caspi • April 20, 2016 -
Court awards Epic $940M in intellectual property lawsuit
A Wisconsin jury awarded the company compensation for compensatory and punitive damages in their case against Tata Consultancy Services Ltd.
By Nina Flanagan • April 19, 2016 -
Unicorn creation drags in first quarter of 2016
While some suggest venture funds are likely to be deployed later in 2016, startups are expected to work harder to get those investments
By Heather Caspi • April 14, 2016 -
StartUp Health's 'Longevity Moonshot' focused on extending lifespan
The health innovation company is partnering with Human Longevity, Inc. with the goal of addressing aging-related diseases and enhancing healthy lifespans by 50+ years.
By Nina Flanagan • April 14, 2016 -
Hospitals reap $1.56M from doctors as CMS pushes value-based care
Demand for healthcare services and utilization are up, especially for specialists, whose average hospital-related business grew to $1.6 million this year.
By Meg Bryant • April 13, 2016 -
Buffalo Cardiology shuttering practice after 40 years, cites 'changing healthcare' industry
One hundred and nineteen employees are due to be laid off.
By Meg Bryant • April 13, 2016