Finances: Page 71
-
Fitch brightens its view on nonprofit hospitals
More than a quarter of facilities got upgrades in the latest review of issuers.
By Les Masterson • Aug. 8, 2018 -
Tenet beats expectations despite dip in admissions, revenue
The Dallas-based hospital operator reported a decrease in net operating revenues and admissions for Q2 but posted increases in net patient revenues and ambulatory segment revenue.
By Tony Abraham • Aug. 7, 2018 -
Icahn blasts Cigna-Express Scripts deal as among 'worst acquisitions in corporate history'
The activist investor warned that PBMs are under a political microscope too risky for Cigna investors, also citing risks from Amazon. Shareholders vote on the deal Aug. 24.
By David Lim • Aug. 7, 2018 -
Kaiser Permanente's Q2 revenue growth driven by higher premiums, new members
The Oakland-based health system also saw a 47% decrease in operating revenue that it blamed on a new accounting standard.
By Les Masterson • Aug. 7, 2018 -
Hospital-employed PAs earn more, see more leadership options, report finds
The American Academy of Physician Assistants' new salary study showed that overall median base salary increased from $102,000 in 2016 to $105,000 in 2017.
By Les Masterson • Aug. 6, 2018 -
Drugs make up more US health spending than thought, report suggests
Research published in Health Affairs found that drugs accounted for 15% of the country's total healthcare spending in 2016, higher than the oft-cited 10% figure.
By Ned Pagliarulo • Aug. 6, 2018 -
More employers look toward value-based insurance plans
After years of implementing cost-sharing policies like the use of high-deductible plans, businesses are looking for new avenues to reduce costs and improve health.
By Les Masterson • Aug. 6, 2018 -
AI-based medical imaging market on track to hit $2B by 2023
Major applications are expected in neurology and cardiovascular disease detection and diagnosis, according to a report from Signify Research.
By Meg Bryant • Aug. 3, 2018 -
Cerner bookings, revenue see strong growth in Q2
Seven large transactions contributed more than $75 million to bookings, with Cerner President Zane Burke calling the deals "a full box of chocolates ... all very desirable."
By Meg Bryant • Aug. 3, 2018 -
Healthcare M&A remains hot, but value fell in Q2
Despite the activity, there was only one industry megadeal in the quarter — KKR's $10 billion buy of Envision.
By Les Masterson • Aug. 3, 2018 -
Express Scripts income up, defends PBM model
The largest U.S. PBM touted 9.4% growth over the same quarter last year amid uncertainty around the future of the industry and the firm's pending merger with Cigna.
By Rebecca Pifer Parduhn • Aug. 2, 2018 -
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