Finances: Page 2
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Illustration: Xavier Lalanne-Tauzia for Industry Dive
Expense management differentiated nonprofit providers in Q1
But the industry has a long way to go before it’s fully back to the profitability levels seen before the pandemic — if it fully rebounds at all, analysts told Healthcare Dive.
By Susanna Vogel • May 31, 2024 -
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Healthcare payments firm Waystar plans $1B IPO
The digital health IPO market has stagnated in recent years, but a successful listing by Waystar could help break the ice, one expert said.
By Emily Olsen • May 30, 2024 -
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Move over, Medicare Advantage — UnitedHealth, Centene flag higher Medicaid utilization concerns
Worries about higher-than-expected medical spending have reached Medicaid, as redeterminations spark turbulence in the program.
By Rebecca Pifer • May 30, 2024 -
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Veradigm exploring sale, names new interim CEO
The healthcare technology company was delisted from Nasdaq this year after failing to file timely financial reports for months.
By Emily Olsen • May 28, 2024 -
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Express Scripts’ new partnership is an olive branch to independent pharmacies
Cigna’s massive pharmacy benefit manager has unveiled a new collaboration with a network of independent pharmacies at a time of rising tension between PBMs and the pharmacies they pay.
By Rebecca Pifer • May 23, 2024 -
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House committee takes aim at healthcare consolidation, eyes site-neutral payments
Equalizing Medicare payment between sites of service to cut down on provider consolidation is a “no brainer,” one witness testified during the hearing.
By Rebecca Pifer • May 23, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Providence posts $360M net income in first quarter, rebounding from years of losses
The nonprofit operator attributed the gain to increased admissions and improved reimbursement rates from payers.
By Susanna Vogel • May 21, 2024 -
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Senate Finance Committee tackles Medicare physician pay reform
On Friday, the committee released a white paper proposing Medicare adjust doctor reimbursement to account for inflation, a key goal for physician lobbies.
By Rebecca Pifer • May 20, 2024 -
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Sponsored by CallRailHow to reduce your patient acquisition costs
Learn how to reduce patient acquisition costs and increase patient lifetime value through effective healthcare marketing strategies in this latest article from CallRail.
May 20, 2024 -
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Hospitals charged employers and insurers 254% more than Medicare in 2022: study
Hospitals with larger market shares were among the worst offenders, the Rand Corporation found.
By Susanna Vogel • May 14, 2024 -
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Kaiser rides completed Geisinger acquisition to $7.4B income in Q1
However, the nonprofit provider and health plan warned subsequent quarters may be less profitable as expenses are projected to climb.
By Susanna Vogel • May 14, 2024 -
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Inpatient admissions lift for-profit providers’ revenue during Q1
Despite an “unusual” rise in inpatient volumes, executives at most of the leading for-profit health systems said they remain focused on outpatient investments.
By Susanna Vogel • May 14, 2024 -
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Deep DiveMedicare Advantage unrest, Change Healthcare fallout and more big takeaways from insurers’ Q1
All major payers saw elevated utilization but only an unprepared few struggled with the trend, the Change Healthcare cyberattack caused minimal financial fallout and a new D-SNP rule opens the door to a Medicare growth opportunity.
By Rebecca Pifer • May 13, 2024 -
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Sponsored by CallMinerUsing AI to address 5 critical business challenges in healthcare
AI transforms healthcare: Tackle patient expectations, debt crisis, regulatory hurdles and staffing shortages.
May 13, 2024 -
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CHS sues MultiPlan for allegedly colluding to lower provider reimbursement
It’s the third lawsuit filed against MultiPlan by a health system in under a year.
By Rebecca Pifer • May 10, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Steward’s landlord Medical Properties Trust posts $736M loss as hospitals flounder
The real estate investment trust reported nearly $700 million in impairments related to Steward alone in the first quarter. However, executives said rental agreements are not what drove the troubled health system to bankruptcy.
By Susanna Vogel • May 9, 2024 -
Adeline Kon/Healthcare Dive/Healthcare Dive
Private equity investing in healthcare continues to slow
Heightened antitrust scrutiny from state governments and regulators in Washington is having a chilling effect on deals, according to PitchBook analysts.
By Rebecca Pifer • May 8, 2024 -
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Medicare go-broke date extended to 2036, but warning bells continue ringing
The Medicare trustees’ new projection for insolvency is five years later than previous forecasts, but budget hawks warned action is still needed to shore up the insurance program’s finances.
By Rebecca Pifer • May 7, 2024 -
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Tracking Steward's declineSteward Health Care files for Chapter 11 bankruptcy
The filing marks the largest provider bankruptcy in decades, according to experts.
By Susanna Vogel • May 6, 2024 -
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Cigna writes down VillageMD investment amid shrinking value
Walgreens’ decision to slash VillageMD’s clinical footprint has reverberated to the financial accounts of the primary care chain’s minority owner — Cigna.
By Rebecca Pifer • May 2, 2024 -
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Debt covenant violations tick up among nonprofit providers: report
Since 2022, S&P Global Ratings has tracked an increase in violations of debt agreements as macroeconomic pressures and low operating margins challenge providers.
By Susanna Vogel • May 1, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Tenet raises full-year revenue guidance on $2.2B in Q1 profit
CEO Saum Sutaria says the health system is a “new company” following nine hospital sales in the first quarter.
By Susanna Vogel • May 1, 2024 -
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CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Runaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to patterns we have not seen since the start of the pandemic,” its CFO said.
By Rebecca Pifer • May 1, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Rising inpatient volumes boosted HCA’s first quarter earnings
The Nashville, Tennessee-based operator is the latest for-profit system to report stronger-than-expected inpatient volumes and tempered expenses.
By Susanna Vogel • April 29, 2024 -
Courtesy of Amwell
Teladoc reports mixed results following long-time CEO’s departure
The virtual care giant’s earnings were dragged by flagging growth in its BetterHelp segment, which suffered an 11% drop in paying users year over year.
By Sydney Halleman • April 26, 2024
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