Finances: Page 71
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Teladoc revenues up 112% on strong subscription growth
The company reported a net loss of $25.1 million for the second quarter of 2018, up nearly $10 million year over year.
By Meg Bryant • Aug. 2, 2018 -
Aetna sees slight revenue bump, membership drop
A day earlier, California's insurance commissioner came out against the payer's pending $69 billion deal with CVS.
By Les Masterson • Aug. 2, 2018 -
Cigna's commercial market success continues in Q2
The payer reported earnings that included a total revenue increase of 10% to $11.5 billion compared to the same quarter in 2017, beating Wall Street expectations.
By Tony Abraham • Aug. 2, 2018 -
Humana Q2 earnings driven by Medicare Advantage growth
At the same time, the payer lost Medicare prescription drug and Medicaid members over the past year.
By Les Masterson • Aug. 1, 2018 -
Patients often choose higher-cost locations for MRIs, study finds
Referring physicians have more influence over a patient's decision than out-of-pocket costs, according to the National Bureau of Economic Research report.
By Les Masterson • July 31, 2018 -
States sue Trump administration over AHP expansion
Critics fear that by tempting people with lower-cost offerings, AHPs and catastrophic plans could cause millions to flee the ACA exchanges.
By Les Masterson • July 30, 2018 -
DC's Providence Health ending acute care in shift to population health
The system, part of the nation's largest Catholic nonprofit health system Ascension, said it will make the change by the end of this year.
By Les Masterson • July 27, 2018 -
UHS revenue up 2.6% to $2.68B in Q2
The company's reserve for a federal fraud settlement now totals $43 million.
By Meg Bryant • July 27, 2018 -
Anthem sees 23% net growth, eyes Medicare, Medicaid options
The payer's revenue was hurt by its pull-back from the ACA exchanges.
By Les Masterson • July 25, 2018 -
Centene revenue up on ACA plan growth
The payer reported a 19% increase in year-over-year Q2 revenues to $14.2 billion.
By Les Masterson • July 24, 2018 -
UnitedHealth sees growing interest in ACOs
The nation's largest private payer expects ACOs will continue to grow over the next year as employers look for ways to cut costs and improve quality.
By Les Masterson • July 23, 2018 -
Non-physician providers improve practice bottom lines, MGMA says
The survey also found that operating costs for primary care practices rose 13% over the past five years.
By Les Masterson • July 23, 2018 -
State individual mandates would boost coverage, curb premiums
The Commonwealth Fund reported there would be more than 7 million fewer uninsured people in 2022 if all states implemented individual mandates.
By Les Masterson • July 23, 2018 -
Deep Dive
Health systems increasingly think small. At the micro level.
"It's intended to be the 'Honey, I Shrunk the Kids' version," one hospital executive quipped about the micro-campus goal.
By Les Masterson • July 23, 2018 -
LifePoint acquired by Apollo for $5.6B
The buyout firm plans to merge LifePoint with RCCH Healthcare Partners. The combined company will operate 84 hospitals in largely rural areas across 30 states under the LifePoint banner.
By Tony Abraham • July 23, 2018 -
Halting safe harbor rebates will hike premiums, Wall Street analysts say
PBMs wouldn't suffer much from the proposal, but would instead pass costs onto the government and beneficiaries.
By Les Masterson • July 23, 2018 -
Beth Israel-Lahey Health merger would sharply hike health costs, Mass. panel finds
The attorney general has also raised concerns about the proposed deal, which would result in one of the largest mergers in the state’s history.
By Meg Bryant • July 20, 2018 -
UnitedHealth eyes Tenet's healthcare management business, WSJ reports
Tenet is still weighing whether to sell Conifer, which accounted for 8% of the company's revenue in 2017.
By Meg Bryant • July 20, 2018 -
Maryland broadens hospital price transparency initiative
The Maryland Health Care Commission website helps consumers compare prices for common non-emergency procedures and now includes new payer data.
By Tony Abraham • July 20, 2018 -
Tenet completes exit of Chicago market with 3-hospital sale
The for-profit chain has been slowly pulling itself out of debt with hospital sales and a major restructuring last year.
By Meg Bryant • July 19, 2018 -
Lifespan hospitals in Rhode Island expect upcoming strike to cost $10M
More than 2,400 health professionals at two hospitals plan to strike next week after failing to agree to a new contract.
By Les Masterson • July 19, 2018 -
Hospitals not drowning in doctor costs, survey finds
More than 20% of respondents to a Modern Healthcare survey said hiring additional doctors has actually boosted their finances.
By Meg Bryant • July 17, 2018 -
Anthem sued by doc groups over ED policy
American College of Emergency Physicians President Paul Kivela called the policy dangerous in expecting patients to know the difference between minor or potentially life-threatening conditions.
By Les Masterson • July 17, 2018 -
UnitedHealth sees 12% revenue hike boosted by new members, Optum results
Membership increased by 2.2 million for the second quarter, driven largely by Medicare and Medicaid growth.
By Les Masterson • July 17, 2018 -
InTouch Health, Rite Aid plan telehealth partnership
InTouch will put telehealth kiosks owned by Rite Aid in the retail chain's stores as well as other locations.
By Les Masterson • July 16, 2018