Finances: Page 119
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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 -
US sees surge in hospital jobs growth
...and hospitals are increasingly reporting their best financial performances in years.
By Julie Henry • June 8, 2015 -
New Medicare disclosure reveals additional $12.4B in payments
Although docs who treated fewer than 11 patients overall are still omitted, "the totals displayed in the file are extremely close" to CMS' internal records.
By Heather Caspi • June 5, 2015 -
Scripps Health in midst of financial growth, expansion
Fitch has upgraded the hospital system, noting that its growth has occurred in a competitive market.
By Heather Caspi • June 5, 2015 -
As big mergers pull referrals out of NYC market, city hospitals look to NJ acquisitions
Mount Sinai and North Shore-LIJ have already expanded into New Jersey via affiliations.
By Nina Flanagan • June 4, 2015 -
Moody's: Medicaid expansion is not a silver bullet for hospitals
Has the impact of reducing bad debt on hospital bottom lines been overstated?
By Nina Flanagan • June 4, 2015 -
Acadia boosts international presence with behavorial health system purchases
Acquisitions in the behavioral health market have already outpaced 2014, at $219 million so far this year.
By Nina Flanagan • June 4, 2015 -
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