Finance: Page 2
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Private equity boost, upskilling workers among 2019 sector trends, PwC reports
With the average health insurance deductible triple what it was a decade ago, the consultancy believes 2019 could also be the year for value line products and services — similar to the Southwest Airlines approach.
By Meg Bryant • Jan. 18, 2019
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Last year broke records for digital health funding, M&A
Nearly 700 deals accrued $9.5 billion in venture capital and private equity in 2018, a 32% increase compared to the $7.2 billion raised in 2017 according to research firm Mercom.
By Tony Abraham • Jan. 17, 2019
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Optum drives UnitedHealth Group's Q4, yearly earnings increases
The payer's health services arm, known for driving vertical integration at the nation's largest commercial insurer, surpassed $100 billion in revenue for the first time in 2018.
By Les Masterson • Jan. 15, 2019
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Healthcare M&A now more about strategy than opportunity, Kaufman Hall says
The average size in revenue of healthcare sellers was more than $400 million last year, according to the analysis.
By Les Masterson • Jan. 14, 2019
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S&P sees mostly stable outlook for nonprofit hospitals this year
Overall, 81% of nonprofit hospitals are stable, with a roughly even split between security ratings upgrades and downgrades, according to the ratings agency.
By Meg Bryant • Jan. 14, 2019
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Louisiana launching 'Netflix model' in Medicaid for hepatitis C drugs
The state is looking for a pharmaceutical partner on the project that will cap state spending on expensive treatments for the disease.
By Les Masterson • Jan. 14, 2019
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Digital health funding soared to record $8.1B last year
Despite continued surges in deal volume and size, digital health is not yet in a bubble, according to a new Rock Health report.
By Meg Bryant • Jan. 09, 2019
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Alphabet's Verily snags $1B in funding round
Leading the pack of investors was private equity firm Silver Lake. The money will go toward strategic partnerships, global business opportunities and potential acquisitions.
By Meg Bryant • Jan. 07, 2019
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Beaumont moves home health, hospice care to for-profit Ohio firm
The joint venture, Beaumont Home Health and Hospice, launched Tuesday.
By Meg Bryant • Jan. 04, 2019
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Hospitals see 'modest' 3% savings using Medicare joint replacement model, study finds
Those participating didn't see a significant difference in complications or percentage of procedures among high-risk patients, according to the report in the New England Journal of Medicine.
By Les Masterson • Jan. 04, 2019
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Uncompensated care costs flat in 2017 despite uptick in uninsured
Hospitals provided $38.4 billion in uncompensated care, according to the latest survey from the AHA.
By Samantha Liss • Jan. 04, 2019
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Court rejects 340B payment cuts in big win for hospitals
The district court judge asked the federal government and hospitals to come to an "appropriate remedy."
By Les Masterson • Dec. 31, 2019
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3M picks up MModal's tech business for $1B
The deal is expected to close in the first half of 2019.
By Meg Bryant • Dec. 21, 2018
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340B hospital drug spending higher than at non-340B facilities, report says
The analysis funded by the pharmaceutical industry is the latest in a heated battle between 340B hospitals and drugmakers over the benefits to the program and the impact on drug spending.
By Les Masterson • Dec. 21, 2018
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Humana signs up first health systems for new value-based contracting program
The inaugural participants are Cleveland Clinic Florida, Jackson Health System in Florida, TriHealth in Ohio and WellStar Health System in Georgia.
By Les Masterson • Dec. 20, 2018
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Centene predicts 17% revenue growth for 2019
The payer, which specializes in Medicaid managed care, has grown membership by 17% this year and plans to continue expansion.
By Les Masterson • Dec. 17, 2018
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FastMed, NextCare announce merger
The combined urgent care company would have 251 clinics across 10 states, but the deal is still subject to regulatory approval.
By Meg Bryant • Dec. 17, 2018
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Don't count on stock market to keep hospitals afloat, report warns
Hospitals average about 47% of their net margin in investment income revenue, according to a recent Juniper Advisory analysis.
By Meg Bryant • Dec. 14, 2018
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Fitch says payer sector stable, buoyed by MA rate increase, robust economy
There are debt issues related to M&A and concerns about the ACA exchanges over the next year, according to the ratings agency.
By Les Masterson • Dec. 14, 2018
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ACO trade group says Medicare program saved $859M in 2016
The program, which includes 561 accountable care organizations and 10.5 million patients, saved more than $660 million between 2013 and 2016 after bonuses paid to providers for meeting spending and quality targets.
By Les Masterson • Dec. 13, 2018
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Investors still fired up about HIT despite valuation worries
Care management, home health and retail clinics are also on healthcare investors' minds, according to a KPMG-Leavitt Partners survey.
By Meg Bryant • Dec. 12, 2018
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Partners HealthCare reports 489% jump in FY18 operating income
A drop in insurance revenue contributed to a 0.5% dip in operating revenue for the Boston-based nonprofit health system.
By Meg Bryant • Dec. 11, 2018
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Trinity Health's Illinois hospital purchase helps drive revenues
The health system also announced CEO Richard Gilfillan will step down in June. He'll be replaced by current COO Michael Slubowski.
By Les Masterson • Dec. 11, 2018
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Middle-income Americans paying more for health insurance
Americans in the South are hardest hit — spending a bigger share of their income on healthcare than other parts of the country.
By Les Masterson • Dec. 10, 2018
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Virtual visits led to uptick in overall visits at Massachusetts ACO, study shows
Participants tended to be younger, white and commercially insured, raising concerns that virtual visit programs could increase disparities in access to care.
By Meg Bryant • Dec. 07, 2018