Physician-led ACOs saw savings in Medicare program

Hospital-integrated ACOs, however, didn't have the same success, according to a study published in the New England Journal of Medicine.

By Les Masterson • Sept. 6, 2018

Ascension exits Northwest with sale of Washington hospital

The largest Catholic health system in the country has completed the sale of Lourdes Health Network to Brentwood, Tennessee-based RCCH HealthCare Partners, a for-profit firm.

By Samantha Liss • Sept. 6, 2018

More patients sidestepping ED for low-acuity problems

Despite growing use of lower-cost care options, spending for low-acuity conditions rose 14% between 2008 and 2015, according to a report published in JAMA Internal Medicine.

By Meg Bryant • Sept. 6, 2018

JAMA studies show upsides of CMS bundled payment models

The reports found reduced institutional post-acute discharges with the CJR program and no increase in patient volume for the BPCI model.

By Les Masterson • Sept. 6, 2018

HCA to buy North Carolina health system for $1.5B

The proposed sale, first announced in March, was met with concern by some in the state worried that for-profit ownership would result in closed facilities and less access to care for rural areas.

By Les Masterson • Sept. 4, 2018

NYP reports lower net income, higher expenses in H1

The New York City-based nonprofit health system's flagship hospital has been ranked No. 1 in the metro area by the U.S. News and World Report for 18 consecutive years.

By Les Masterson • Sept. 4, 2018

Cleveland Clinic's operating income plummets 80% in Q2

The picture of strong revenues and declining operating income is being seen across the industry as hospitals juggle smaller inpatient volumes and lower reimbursement with rising labor and operating costs.

By Meg Bryant • Aug. 31, 2018

Nonprofit hospitals 'on an unsustainable path,' Moody's says

The ratings agency said nonprofits are continuing to outspend their revenues and the gap is widening.

By Les Masterson • Aug. 30, 2018

Banner Health net income slides 33% despite strong revenues

The Phoenix-based nonprofit health system benefited from increased patient revenues and insurance plan premiums in the first half of this year.

By Meg Bryant • Aug. 30, 2018

Next-Gen ACOs saved $62M in first reporting year, CMS says

Half of the drop in spending and utilization stemmed from just four of the 18 NGACOs active in 2016, according to a report from the agency.

By Meg Bryant • Aug. 28, 2018

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 Parduhn • 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 Parduhn • 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

Prior authorization moves to EHRs

Manual prior authorization can create administrative burdens for practices and hospitals, but case studies show some success in making the process electronic.

By Les Masterson • Aug. 15, 2018