Acadia expands presence in PA and abroad

"We are pleased to begin the second half of 2015 with the completion of two acquisitions that position Acadia well in growth markets," said CEO Joey Jacobs. 

By Nina Flanagan • July 2, 2015

Partners to close community hospital as part of $200M consolidation

The company expects the consolidation to save up to $18 million a year. 

By Nina Flanagan • July 2, 2015

Texas hospitals turn to courts to settle $90M debt

Talks have broken down between El Paso Children's Hospital and University Medical Center. UMC claims EPCH owes it $33,000 more every day.

By Nina Flanagan • July 2, 2015

Capella Healthcare purchases two Ascension hospitals

A hospital spokesperson said Ascension is moving towards "regional clinically integrated systems of care" and the two facilities were no longer a fit. 

By Nina Flanagan • July 2, 2015

LA-based Prospect Medical Holdings expands to Connecticut

The for-profit hospital operator has announced the acquisition of two CT hospitals and is in negotiations with a third. 

By Julie Henry , Nina Flanagan • July 2, 2015

Landmark acquires $72M from GE for new Jacksonville medical complex

The complex is already fully leased and will include an outpatient care center and medical offices.

By Julie Henry • July 1, 2015

Aggressive growth strategy drives losses at Catholic Health Initiatives

Two recent acquisitions continue to operate at a deficit and push up operating expenses. Will the company's bet on consolidation pay off? 

By Katie Bo Williams • June 30, 2015

EmblemHealth's largest subsidiary receives credit rating drop

The insurer lost $40 million in the first quarter of 2015—a few months before former AHIP CEO Karen Ignagni is set to take the reins. 

By Julie Henry • June 30, 2015

Princeton seeking potential merger, partnership

The type of partnership is still under consideration. Did other big state mergers have an impact on the decision? 

By Julie Henry • June 30, 2015

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

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