Finances: Page 121
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Humana to sell Concentra for $1B
"...Concentra's operations did not ultimately align with Humana's strategy as well as we had originally anticipated," said CEO Bruce Broussard.
By Katie Bo Williams • March 23, 2015 -
AHA demands changes in hospital readmission penalties
"There are serious questions about how the HRRP assesses penalties that affect the fairness and long-term sustainability of the program," says the association.
By Julie Henry • March 23, 2015 -
Tenet bets big on ambulatory surgery with two major deals
One of the deals is domestic, but the other represents Tenet's first foray into the international market since 2004.
By Katie Bo Williams • March 23, 2015 -
Report: $3.3 billion recovered from fraudulent healthcare billing
Although the amount the government says recovered in FY 2014 is substantial, it pales in comparison to the likely amount of fraud in the system.
By Heather Caspi • March 20, 2015 -
Colorado VA project spirals to $1.7 billion, 5X over budget
The Department of Veterans Affairs is facing criticism over the cost, building delays, and bonuses to those in charge.
By Heather Caspi • March 20, 2015 -
Banner Health finalizes UAHN acquisition, revenue rises
Significant shifts in its payer mix proved an immediate boon for Banner Health.
By Katie Bo Williams • March 19, 2015 -
For-profits court Connecticut community hospitals
These are two of the same hospitals that Tenet sought to acquire last December.
By Julie Henry • March 18, 2015 -
Partners acquires physician group, adds thousands to network
The MA attorney general says the deal will raise costs without benefiting consumers.
By Julie Henry • March 17, 2015 -
Was the SEIU right to be suspicious of Prime?
The union opposed the acquisition of six Daughters of Charity hospitals on the basis that the hospital operator puts profits before patients.
By Anne Zieger • March 17, 2015 -
Prem Reddy: Prime still interested in Daughters of Charity purchase
...especially should the hospital file for Chapter 11 bankruptcy.
By Julie Henry • March 16, 2015 -
No back-up plan for ICD-10? AHIMA says, 'No problem'
The association says the vast majority of erroneous claims in testing had nothing to do with the new code set.
By Julie Henry • March 16, 2015 -
Oregon payers, hospitals team up on price transparency initiative
Collaboration with insurers is part of the plan to help patients understand their costs in advance.
By Heather Caspi • March 11, 2015 -
Cleveland Clinic posts banner year
What was behind the the Clinic's 60% increase in operating income?
By Julie Henry • March 11, 2015 -
Prime passes on Daughters of Charity deal
The hospital operator is placing the blame on onerous conditions set by AG Kamala Harris, according to the Daughters CEO.
By Katie Bo Williams • March 10, 2015 -
VA does the right thing with claims processing investigation
What did the VA do when it was alerted to the fact that a few middle managers may have cut some appropriations corners?
March 10, 2015 -
Greystone Healthcare buys Autumn Health Care nursing facilities
The acquisition includes 10 skilled nursing facilities in central Ohio.
By Julie Henry • March 10, 2015 -
$1M-cyberheist prompts hospital to sue Bank of America
PHI is not the only thing cybercriminals target.
By Heather Caspi • March 6, 2015 -
Deep Dive
The Friday Dive: Healthcare job growth marches on
Healthcare Dive's editor looks back on the biggest news from the last week.
By Katie Bo Williams • March 6, 2015 -
Big shakeup in CHS roster as it finalizes 9 deals
The health system giant is finalizing deals for four of its hospitals while simultaneously buying stakes in five others in Oklahoma.
By Sy Mukherjee • March 5, 2015 -
Mayo Clinic posts strongest financials in 25 years
The Clinic posted a 36% rise in operating income, driven by a surge of patients.
By Sy Mukherjee • March 5, 2015 -
Survey: Few providers collect up-front
...despite the fact that 85% recognize that patients' financial responsibility is on the rise.
March 5, 2015 -
Prime Healthcare acquires Trinity Health hospital
Mercy is third hospital owner Trinity Health has sold to Prime.
March 4, 2015 -
Some safety nets blossom in states without Medicaid expansion
But "just because they got though this period does not mean they do not have more financial pain to come," according to a Moody's analyst.
By Julie Henry • March 3, 2015 -
University General Health Systems files for bankruptcy
UGHS has been unable to recover from the acquisition of several unprofitable entities and a series of unfavorable managed-care contracts.
By Julie Henry • March 3, 2015 -
Deep Dive
Why are nonprofits expected to flounder in 2015?
All three major hospital credit agencies are predicting a negative financial outlook for not-for-profit hospitals in 2015.
By Julie Henry • March 2, 2015