Finance: Page 2

Hospitals see labor costs rising amid ongoing doctor, nurse shortages

More than a third of hospital CFOs said the physician shortfall is worse now than this time last year.

By Meg Bryant • Aug. 24, 2018

Kaiser posts nearly $40B in revenue for H1, but net income drops 21%

Kaiser invested $26 million on capital projects, including opening new facilities and upgrading existing ones, and launched a $200 million project aimed at reducing homelessness.

By Meg Bryant • Aug. 24, 2018

One Medical gets up to $350M infusion from The Carlyle Group

The Alphabet-backed concierge medicine platform will use the funds to expand its U.S. footprint.

By Meg Bryant • Aug. 23, 2018

Mayo reports higher Q2 revenue, lower operating income

The Rochester, Minnesota-based nonprofit health system, named top hospital for the third year in a row by U.S. News & World Report, has several projects in the works management expects to boost results.

By Tony Abraham • Aug. 22, 2018

Nearly 20% of US hospitals weak or at risk of closing, analysis finds

Key risk factors including low capital expenditures, more capacity in a 10-mile radius and for-profit versus nonprofit status, the Morgan Stanley report said.

By Rebecca Pifer • Aug. 22, 2018

Tenet exits UK market with sale of Aspen Healthcare to UAE hospital chain

The deal comes as Tenet seeks to pare down more than $14 billion in long-term debt.

By Meg Bryant • Aug. 21, 2018

CMS gives $8.6M to states to help stabilize ACA exchanges

Thirty states and the District of Columbia will receive less than $300,000 each from rate review grants established by the Affordable Care Act.

By Les Masterson • Aug. 21, 2018

Medicare overpaid millions for outpatient planning services

A report from the HHS Office of Inspector General blamed the excessive payments for intensity-modulated radiation therapy planning services mostly on hospitals not knowing or misinterpreting CMS guidance.

By Les Masterson • Aug. 21, 2018

UPMC extends revenue boom in H1

Results are the latest in a streak of positive reports for the integrated health system. Executive Vice President Leslie Davis said the Pittsburgh-based company is "running out of room in Pennsylvania."

By Tony Abraham • Aug. 21, 2018

Target hospitals see limited benefits from M&A, report finds

Evidence is mixed, however, on how much acquiring hospitals can save after a deal, according to the National Bureau of Economic Research analysis.

By Rebecca Pifer • Aug. 21, 2018

CEO salaries at nonprofit hospitals up 93% since 2005

Nonprofit hospital CEOs earn three times as much as orthopedic surgeons and seven times what pediatricians make, according to new research.

By Meg Bryant • Aug. 17, 2018

Internet of medical things market to hit $158B by 2022, report predicts

However, more than seven in 10 medtech leaders feel providers are not ready to use the data generated by connected medical devices, the Deloitte analysis shows.

By Meg Bryant • Aug. 16, 2018

Payers transition to government health plans despite risks

Commercial health plans have dropped over the past 10 years as payers move to managed Medicaid and Medicare Advantage.

By Les Masterson • Aug. 16, 2018

Oscar gets $375M investment from Alphabet, eyes MA market in 2020

The payer startup has already expanded beyond its initial offerings in the ACA exchanges and individual market.

By Les Masterson • Aug. 15, 2018

Global EHR market on track to top $39B by 2022

Among the factors driving growth are system upgrades and vendor switches, according to a new Kalorama Research report.

By Meg Bryant • Aug. 14, 2018

Nearly 20% of inpatient admissions include out-of-network charge

A Kaiser Family Foundation report found the issue of surprise billing is especially problematic for care in ERs and for psychological or substance abuse treatment.

By Les Masterson • Aug. 14, 2018

Icahn raises white flag in Cigna-Express Scripts tiff

Activist investor Carl Icahn has relinquished his fight to block Cigna's acquisition of Express Scripts after two high-profile advisory firms backed the deal.

By Tony Abraham • Aug. 14, 2018

AHA continues to push HHS on Medicare billing backlog

AHA and three member hospitals are suing the agency and in the latest court filing suggested methods for reaching a court-ordered 2020 deadline for getting through the claims.

By Les Masterson • Aug. 14, 2018

Quorum eyes up to $215M from asset sales as net loss grows

The Brentwood, Tennessee-based company's operating revenue declined 9% to $959.9 million in H1 2018.

By Meg Bryant • Aug. 10, 2018

More than 20% of Americans skip medical care due to cost, survey finds

More than half of respondents said they are very or somewhat concerned that they may not have affordable health insurance in the future.

By Meg Bryant • Aug. 10, 2018

Cigna wins Texas underpaid claims lawsuit

North Cypress Medical Center charged that the payer owed $50 million in unpaid claims, but Cigna said the hospitals's fee-forgiving policy for out-of-network care is illegal.

By Les Masterson • Aug. 10, 2018

Scripps net income takes huge hit despite strong revenue growth

The San Diego-based nonprofit said operating revenue growth was fueled by gains in patient volumes, outpatient visits and larger provider fee revenue.

By Meg Bryant • Aug. 09, 2018

AMA charges CVS-Aetna deal would reduce competition

The analysis came as Bloomberg reported that the Justice Department won't oppose the merger based on vertical competition issues, although it may still be looking at how it will affect the pharmacy market.

By Les Masterson • Aug. 09, 2018