Finances: Page 117
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Larkin Community Hospital wins healthcare facilities in bankruptcy auction
The previous owner of Hollywood Pavilion Hospital and Hollywood Hills Nursing Home is in prison for Medicare fraud.
By Julie Henry • June 29, 2015 -
Home health workers in MA will now get $15 an hour
Union efforts were behind the increase in minimim pay.
By Julie Henry • June 29, 2015 -
Bolder Healthcare acquires Avectus for undisclosed amount in hot RCM marketplace
The company continues to look at additional acquisition candidates in the RCM market.
By Nina Flanagan • June 25, 2015 -
Study: Home healthcare market to reach $355B by 2020
Market growth will be driven by telehealth and other emerging technologies, the study predicts. What will the fastest growing services market be?
By Heather Caspi • June 24, 2015 -
Independence at Home program has saved $25M, CMS says
The agency will award $11.7 million in incentive payments to nine of the top participating practices. Who is getting paid out?
By Heather Caspi • June 22, 2015 -
Connecticut hospitals say state budget will force layoffs
While hospitals are criticizing cutbacks, lawmakers are pointing the finger right back.
By Heather Caspi • June 22, 2015 -
High deductible plans can still result in uncompensated care—are hospitals prepared?
84% of hospitals are not creating unique HDHP codes, potentially making them prone to revenue leakage and financial risk.
By Heather Caspi • June 19, 2015 -
Following in GRMC footsteps, Westchester Medical Center signs $500M partnership with Philips
The collaboration is part of WMC's expansion from a single-campus medical center into a multi-location healthcare provider.
By Nina Flanagan • June 17, 2015 -
Maine hospital acquires former competitor in 'prepackaged bankruptcy plan'
The merger is likely just the beginning of a string of consolidations among Maine's 37 hospitals, says one local expert.
By Heather Caspi • June 17, 2015 -
What CVS' $1.9B purchase of Target's pharmacy, clinic businesses means for the primary care market
The deal comes on the heels of another major CVS acquisition: Omnicare for $12.7 billion.
By Katie Bo Williams , Heather Caspi • June 16, 2015 -
Investors still bullish on providers and payers regardless of King outcome
The case is not being seen as a major industry threat—although traders are bracing themselves for an increase in volatility.
By Heather Caspi • June 15, 2015 -
Hospital spending drives 7.2% growth in Q1 healthcare spending
Year-over-year hospital spending grew 9.2%—the biggest quarterly increase since data collection began in 2004.
By Heather Caspi • June 15, 2015 -
CMS pays out $1.3B to hospitals to clear Medicare appeals backlog
RACs say the deal "incentivizes hospitals to continue to overwhelm the system with frivolous appeals."
By Katie Bo Williams • June 15, 2015 -
HealthSouth to acquire rehab operator for $730M
The purchase will help the company enter new markets—where growth of its home-health business may be forthcoming.
By Heather Caspi • June 12, 2015 -
Carolinas HealthCare reports 52% earnings increase
To what did retiring CEO Michael Tarwater attribute the growth?
By Heather Caspi • June 12, 2015 -
Deep Dive
How bundled payments and ACOs impact providers differently
The two most common value-based care arrangements aren't mutually exclusive—but they do create very different incentives.
By Julie Henry • June 11, 2015 -
Construction of Denver-area VA hospital $1.7B over budget
A decade later, the replacement for an old facility that serves almost 400,000 veterans in Colorado is still incomplete.
By Nina Flanagan • June 11, 2015 -
MA approves Baystate purchase of 97-bed hospital
Baystate has been in the news this month for doing some staffing cuts to help mitigate operating margins that weren't up to projections.
By Nina Flanagan • June 11, 2015 -
Franklin Square lends National Surgical Health $52.5M
The financing will support NSH's acquisition of a majority interest in Optim Healthcare.
By Julie Henry • June 10, 2015 -
WellStar, Emory merger falls through
The two organizations were involved in what was supposed to be a yearlong planning period—until WellStar abruptly decided to remain independent.
By Julie Henry • June 10, 2015 -
Adventist Health in two new hospital affiliation talks
These latest affiliations are part of a series of deals the system has been exploring. What's next for Adventist?
By Katie Bo Williams , Julie Henry • June 10, 2015 -
Study: The highest-charging hospitals are for-profit—and CHS owns half of them
"What other industry can you think of that marks up the price of their product by 1,000% and remains in business?" asks one study author.
By Katie Bo Williams • June 9, 2015 -
Iasis Healthcare opens new $80M hospital
The focus on the new facility's design? Out-patient services.
By Julie Henry • June 9, 2015 -
Healthcare association executives get big pay raises in 2013
Pay for CEOs earning $1 million or more increased by 8.5% from 2012 to 2013.
By Julie Henry • June 9, 2015 -
Deep Dive
How two hospital operators are bucking the rural health crisis
Fewer beds. More outpatient procedures. But to get there, providers have to make a significant investment to change their business models.
By Katie Bo Williams • June 8, 2015