Finances: Page 117
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Anthem moves to buy Cigna in massive $54.2B deal
The offer would create an insurance giant that covers more than 53 million people.
By Randy Lilleston • July 24, 2015 -
Sutter Health nearly doubles operating margin
Diversified revenue streams are getting much of the credit.
By Heather Caspi • July 24, 2015 -
Report: Medicare hospital trust fund stable
"While this is good news, we cannot be complacent," CMS administrator Andy Slavitt said.
By Nina Flanagan • July 23, 2015 -
Baptist Health continues growth with $50M orthopedic center
Operating revenue, admissions and ER visits are all up.
By Nina Flanagan • July 23, 2015 -
Healthcare M&A sets record for 2015 at $395.8B
The tipping point was St. Jude Medical's $3-billion acquisition of Thoratec, a manufacturer of devices for heart failure.
By Nina Flanagan • July 23, 2015 -
BCBSA report finds huge variation in angioplasty costs
This is the second such report Blue Cross has released this year, and it found a 532% variation in Los Angeles alone.
By Julie Henry • July 22, 2015 -
County supervisors offer Singing River help via financial turn-around firm
The county will pay for assistance, but wants oversight. Is hiring a turn-around firm the only way to save the beleaguered hospital?
By Julie Henry • July 21, 2015 -
Daughters of Charity gets $250M lifeline from NY equity firm
DCH will remain a nonprofit—pending regulatory approval of the deal.
By Katie Bo Williams • July 20, 2015 -
VA threatens to close hospitals if Congress doesn't address budget shortfall
"If these program funds are not restored, VA will face shutting down hospital operations during August 2015," Deputy Secretary Sloan Gibson warned.
By Julie Henry • July 20, 2015 -
Tenet to assume majority ownership of Carondelet
Current owner Ascension will maintain a minority stake, as will nonprofit Dignity Health.
By Katie Bo Williams • July 16, 2015 -
McCullough-Hyde Hospital/TriHealth investing $22M for upgrades
Part of that investment is almost $10 million used to implement Epic.
By Nina Flanagan • July 16, 2015 -
Maine hospital files bankruptcy amid $13M claim
Maine's Parkview Adventist Medical Center is the seventh U.S. hospital to file for bankruptcy this year.
By Nina Flanagan • July 16, 2015 -
Healthcare stocks soar in the wake of King v. Burwell
A decrease in uncompensated care has renewed investor confidence. What will the future hold?
By Julie Henry • July 15, 2015 -
Mega-merger creates largest hospital system in NJ
Barnabas Health and Robert Wood Johnson Health System have officially tied the knot. What other acquisitions are in the pipeline in New Jersey?
By Julie Henry • July 15, 2015 -
Cleveland Clinic Innovations exec departs amid FBI investigation
The agency says Gary Fingerhut violated the health system's financial policies.
By Julie Henry • July 13, 2015 -
Healthcare spending on kids outpacing general population
Costs for newborn babies, particularly, are driving the increase.
By Heather Caspi • July 10, 2015 -
Cerner lands $16.3M lab software deal with US Army—but still vying for big DOD contract
The white whale is still out there.
By Nina Flanagan • July 9, 2015 -
Device makers offer enhanced guarantees to hospitals
Johnson & Johnson, Medtronic and St. Jude Medical are a few of the first to provide new device guarantees.
By Nina Flanagan • July 9, 2015 -
Ardent hospital operations change hands
"With Ardent, we are well positioned to grow in the large, fragmented and rapidly consolidating $1-trillion domestic hospital segment," said Ventas CEO Debra Cafaro.
By Katie Bo Williams • July 8, 2015 -
Accretive CEO tops $20.6M during first year
Compensation for the troubled company's CEO is primarily tied to performance.
By Nina Flanagan • July 8, 2015 -
Healthcare jobs surge continues with 40,000 new jobs in June
Ambulatory healthcare jobs experienced the largest increase—but outpatient care centers lagged.
By Isabella Alvarez • July 6, 2015 -
Partners on the hunt for international contracts
Partners is "running out of growth opportunities in Boston," says one analyst. What kinds of deals are already underway abroad?
By Katie Bo Williams • July 6, 2015 -
Baystate completes purchase of Noble Hospital
The hospital also announced who will assume duties of president and CEO at the new Baystate Noble Hospital.
By Katie Bo Williams • July 6, 2015 -
Judge upholds $237M Tuomey judgment, may set 'troubling' precedent for hospitals
"It seems as if, even for well-intentioned providers, the Stark law has become a booby trap rigged with strict liability and potentially ruinous exposure."
By Katie Bo Williams • July 6, 2015 -
Deep Dive
Judge calls nonprofits 'legal fictions,' revokes hospital property tax exemption
Morristown Medical Center must pay back property taxes for a period covering three years. Are other New Jersey nonprofits next?
By Julie Henry • July 2, 2015