Finance: Page 2

Retail clinics, employer activists poised to disrupt healthcare, report finds

Roughly one-fifth of consumers visited a retail clinic in the past several years, a new PwC study shows.

By Meg Bryant • Nov. 09, 2018

Price, usage drive variations between regions' healthcare costs, report finds

Of six regions studied, Maryland had the lowest costs at 20% below the benchmark. On the other end, Colorado was 19% above the standard and Minnesota was 11% higher.

By Les Masterson • Nov. 09, 2018

Quorum operating revenues, admissions slide in Q3

The debt-laden hospital operator continues to pare down and refocus its portfolio. The company divested one hospital in Q3 and signed non-binding letters of intent with four buyers on five hospitals earlier this month.

By Tony Abraham • Nov. 08, 2018

Medicare Advantage drives Humana's Q3 revenue growth

However, the payer said MA and TRICARE gains were partially offset by Part D, Medicaid and commercial enrollment losses.

By Les Masterson • Nov. 07, 2018

Execs bullish on IT, home health, M&A for 2019

More than 70% of executives predict better performance in the next 12 months, according to a Capital One survey. About 42% forecast increased deal activity.

By Meg Bryant • Nov. 06, 2018

CVS says Aetna merger will close by Thanksgiving

The deal has received approval from 23 of the 28 necessary states, CVS CEO Larry Merlo said on an earnings call Tuesday.

By Rebecca Pifer • Nov. 06, 2018

Kaiser reports 9% Q3 revenue growth, membership boost

The integrated health system said a new accounting standard was behind a 32% year-over-year drop in net income.

By Les Masterson • Nov. 06, 2018

Healthcare startups raise $26B in 2018, eclipsing prior years

Venture capital funding through October surpassed the total raised in 2012 and 2013 combined, according to a Pitchbook analysis for Forbes.

By Meg Bryant • Nov. 05, 2018

Teladoc cuts loss to $23M in Q3, sees boost in international revenue

Strong enrollment growth helped push Teladoc revenues to $111 million during the third quarter.

By Meg Bryant • Nov. 02, 2018

Medicare Advantage audits could save $4.5 billion over a decade, CMS says

America’s Health Insurance Plans questions the audits and how they could affect health insurers and beneficiaries. 

By Les Masterson • Nov. 02, 2018

Hospital bankruptcies soar, with 20 since 2016

Healthcare industry distress has risen more than 300% since 2010, according to an analysis by the Polsinelli law firm.

By Meg Bryant • Nov. 01, 2018

Morgan Stanley hires first CMO to combat rising healthcare costs

The investment bank's new chief medical officer and head of human resources data and analytics will work to stem the tide of healthcare costs and improve employee wellness.

By Rebecca Pifer • Nov. 01, 2018

Cigna revenue boosted by commercial growth, now eyes Medicare Advantage

The CEO pointed to potential headwinds for 2019, including individual market revenues not as strong as this year.

By Les Masterson • Nov. 01, 2018

It's not just providers. Payers, too, have wide gap in prices, report finds

The priciest payer in Massachusetts costs about 13% more on average than the cheapest major payer, the National Bureau of Economic Research found. 

By Les Masterson • Oct. 31, 2018

CHS sees massive Q3 net loss amid weak volume, aftershocks of HMA settlement

Jefferies suggested the hospital chain should drive positive same-store volume growth and speed up divestitures to raise cash and pay down its lingering debt.

By Rebecca Pifer • Oct. 30, 2018

HCA net income soars 78% despite hurricanes

The Nashville, Tennessee-based hospital chain reported increased admissions and outpatient and inpatient surgeries, though same-facility ER visits dipped.

By Samantha Liss • Oct. 30, 2018

Aetna reports slight revenue bump, membership decrease ahead of acquisition

The payer said it had a 3% increase in total revenue over the previous year to $15.5 billion in the third quarter and a 19% increase in net income to $1 billion.

By Les Masterson • Oct. 30, 2018

M&A, debt dampen US healthcare risk profile, report finds

The number of investment grade bonds in healthcare has nearly tripled since 2008 to $609 billion, according to Fitch Ratings.

By Meg Bryant • Oct. 30, 2018

ACA premiums would be lower if not for GOP efforts, report finds

Premiums in unsubsidized exchange plans will be 6% higher next year than if Congress and the White House didn't implement policy changes like zeroing out the individual mandate penalty, according the Kaiser Family Foundation.

By Les Masterson • Oct. 29, 2018

LifePoint beats Q3 expectations as RCCH merger looms

The Brentwood, Tennessee-based system reported revenue of almost $1.6 billion despite persistently weak volume, just exceeding analyst estimates.

By Rebecca Pifer • UPDATED: Oct. 29, 2018 at 12:06 p.m.

Softer bookings dampen Cerner's Q3 growth

The EHR company is again under fire for performance on its $4.3 billion Department of Defense Contract.

By Meg Bryant • Oct. 26, 2018

Healthcare M&A drops in volume, value for Q3, PwC says

This quarter saw the fewest number of deals since the beginning of 2017. Long-term care remained the most active sub-sector with 102 deals.

By Les Masterson • Oct. 26, 2018

Employers doing little about healthcare waste, report finds

Though 57% of employers believe that up to a quarter of healthcare dollars are wasted, most don't collect or analyze data to track waste, according to the National Alliance of Healthcare Purchaser Coalitions.

By Les Masterson • Oct. 25, 2018

CVS-Aetna merger hits snag in New York, clears Connecticut

New York financial regulators want assurances the companies won't raise premiums in the state.

By Meg Bryant • Oct. 22, 2018

Hospitals could save $11M per year by streamlining supply chain services

Data analytics and physician engagement are key to reining in supply chain costs, according to Navigant Consulting.

By Meg Bryant • Oct. 19, 2018