Trinity Health reaps benefits from patient volume increase, acquisitions

Seventeen of the system's 19 regions experienced an increase in volume.

By Julie Henry • June 3, 2015

Study: Inefficient billing wastes billions in healthcare dollars

The report surveyed over 100,000 providers. 

By Julie Henry • June 2, 2015

Piedmont, Newton Medical Center form partnership in shifting GA market

The healthcare landscape in Georgia continues to change dramatically. Is a Tenet exit from the market next?

By Julie Henry • June 2, 2015

SSM Health acquires academic medical center from Tenet

The 19-hospital network has been looking to add an academic medical center to compete with BJC HealthCare. 

By Julie Henry • June 2, 2015

NextCare continues to acquire new urgent care centers

The provider has opened or acquired 23 clinics across the U.S. in the last 12 months alone.

By Julie Henry • June 1, 2015

Cleveland Clinic sees huge jump in operating income

Q1 is up 45% from the same period last year. What caused the increase?

By Julie Henry • June 1, 2015

11 factors that can mediate the cost of a data breach

The worldwide per capita cost of a stolen record in the healthcare industry is $363, making it the most expensive industry for breach.

By Katie Bo Williams • May 29, 2015

Are things looking up for struggling nonprofits?

The median revenue growth at not-for-profit hospitals just outpaced the median increase in expenses in 2014, Moody's finds. 

By Heather Caspi • May 29, 2015

Uncompensated care drives income losses for PN hospitals even as revenues rise

Operating expenses outpaced more than $40 billion statewide in revenue growth.

By Julie Henry • May 27, 2015

Allscripts cuts US jobs, expands outsourcing to India

Is this the tip of the iceberg? The global healthcare IT outsourcing market is predicted to grow 7.6% each year, totaling $50.4 billion in 2018.

By Nina Flanagan • May 27, 2015

Cerner reveals record sales of $4.25B in 2014

The IT giant reported new business with state, speciality, regional and community hospitals and record sales in physician markets. 

By Nina Flanagan • May 27, 2015

UPMC cuts costs, offers buyout to 3,500 employees

The nonprofit is battling sluggish demand for hospital-based services by offering a voluntary severance package to 5.6% of its workforce.

By Katie Bo Williams • May 27, 2015

Was the April spike in healthcare prices a fluke or the beginning of a trend?

Prices for medical services rose a whopping 0.9% in April—the highest jump since the summer of 1990.

By Julie Henry • May 26, 2015

Boston Children's Hospital buys first medical practice

This is Boston Children's first out-of-state acquisition—and its first acquisition of a medical practice.

By Julie Henry • May 26, 2015

WellSpan Health, Philhaven seek approval for mental health affiliation

The partnership aims to integrate medical and mental healthcare in south central Pennsylvania.

By Heather Caspi • May 22, 2015

Ascension to raise minimum wage to $11 per hour

The decision will impact 10,000 workers—about 7% of Ascension's 150,000 employees. 

By Katie Bo Williams • May 22, 2015

What Tenet's exit from GA and NC says about for-profits in non-expansion states

Are for-profit operators going to pull out of states that have refused to expand Medicaid?

By Julie Henry • May 22, 2015

Welltok acquires Predilytics to boost consumer health analytics

The platform will be available to consumers through health managers, employers, health plans and providers. 

By Nina Flanagan • May 21, 2015

CVS to buy nursing home pharmacy Omnicare for $12.7B

The consequent spike in pharmaceutical services for older Americans will only bolster CVS' position as the largest retail Rx dispenser in the U.S.

By Sy Mukherjee • May 21, 2015

MI Medicaid expansion boosts Beaumont, Henry Ford financial results

Henry Ford bounced back from a $12-million net income loss in 2013 to $27.8 million in net income in 2014.

By Julie Henry • May 20, 2015

FL hospitals refuse Gov. Scott's revenue-sharing proposal

Scott wants to "tax" operating surpluses to sustain the state's LIP program.

By Julie Henry • May 20, 2015

RAC reform bill would eliminate financial rewards for denials

The legislation would curb practices hospitals say are costly, overly burdensome and abusive.

By Julie Henry • May 20, 2015

Partners blames bad winter for lower revenues

MA's larget health system suffered a $17.5 million operating loss during the period ending March 31.

By Julie Henry • May 19, 2015

California nonprofits face possible legislation endangering tax breaks

The operations of nonprofit healthcare organizations continue to come under fire.

By Julie Henry • May 19, 2015

UPMC reports minimal change in revenue despite losing Highmark contract

It appears that UPMC planned ahead for its breakup with Highmark, and revenue from insurance enrollment is up 9% since the split.

By Julie Henry • May 19, 2015