Finances: Page 119
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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 -
Deep Dive
What you need to know from the new PwC, Kaufman M&A analyses
What were the big take-aways from the two new reports on hospital deals—and what do analysts have to say?
By Julie Henry • May 18, 2015 -
Community Health Systems snubs own county to build office in Nashville
A state rep claims the switch was made as retribution for county lawmakers' opposition to state Medicaid expansion—untrue or a sign of things to come?
By Julie Henry • May 18, 2015 -
Hackensack Medical, Meridian Health merger would create NJ's largest hospital network
The two organizations have signed a definitive agreement to merge and are awaiting regulatory approval.
By Nina Flanagan • May 14, 2015 -
Mayo Clinic's costs outpace revenue
Increases in salaries and benefits and supply costs were enough to offset the health system's 5.7% revenue gain.
By Julie Henry • May 13, 2015 -
Waterbury staff may keep jobs following controversial CT merger
The for-profit company acquiring the hospital says staff can stay in their current positions.
By Julie Henry • May 12, 2015 -
Report: KY hospitals face net loss of $1B by 2020
The state hospital association said that under the ACA, hospitals will lose more in cuts than they will gain in revenue from expanded coverage.
By Julie Henry • May 12, 2015 -
Hospitals lead healthcare jobs growth
More than 25% of healthcare jobs added in April were in hospitals.
By Julie Henry • May 11, 2015 -
Kindred sets aside $95M for possible Medicare settlement
The company also reported a 32% jump in revenue from Q1 of last year.
By Katie Bo Williams • May 8, 2015 -
Consumers dissatisfied with healthcare billing, PwC study says
Healthcare payment processes need to catch up with the times, data suggests—especially if providers want to meet millennial expectations.
By Heather Caspi • May 8, 2015 -
Mayo Clinic proposes new specialty campus to employ 3,800
The provider already has a clinic in Onalaska, WI, but it would be dwarfed by the new development.
By Heather Caspi • May 8, 2015 -
Mixed Q1 for athenahealth: Losses and revenues up
"We are pregnant with a whole bunch of baby hospitals that we just, that we adopted I should say, through the Razor marriage," said CEO Jonathan Bush.
By Nina Flanagan • May 7, 2015 -
Deep Dive
What that ED visit study got wrong and what it got right
A recent American College of Emergency Physicians study that pointed to a rise in ED visits raised some eyebrows this week. What are the real numbers?
By Katie Bo Williams , Julie Henry • May 7, 2015 -
Two largest hospital operators announce healthy Q1 revenues, major capital expansion
HCA announced the largest year-over-year patient volume growth for any quarter over the last 10 years.
By Katie Bo Williams , Nina Flanagan • May 7, 2015 -
CA for-profit to purchase CT hospital previously wanted by Tenet
This is Waterbury's third potential buyer in five years.
By Julie Henry • May 6, 2015 -
Tenet goes from $32M loss to $47M profit
Much of the gains can be attributed to revenue growth from Tenet subsidiary Conifer.
By Julie Henry • May 6, 2015 -
Healthcare IT business pushes Cognizant revenue, growth
Cognizant says its acquisition of TriZetto, a healthcare IT services provider, will drive growth.
By Nina Flanagan • May 5, 2015 -
Higher admissions mean rising profits for LifePoint
"We believe that the reduction in one-day stay is generally reflective of industry trends toward outpatient services," said LifePoint's CFO.
By Julie Henry • May 4, 2015 -
TriCore merges with software vendor Rhodes Group
The new company will offer lab solutions in population health management, lab management and other areas.
By Julie Henry • April 28, 2015 -
Survey: Over 90% of physicians, admins still in traditional FFS practices
Almost a third of practices have increased staff work load without increasing salaries.
By Julie Henry • April 28, 2015