Finances: Page 76
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Report shows health spending for privately insured varies widely based on geography, competition
The amount differs by a factor of three across the country, with half of the variation caused by hospital pricing differences and half by quantity, according to the study.
By Les Masterson • May 10, 2018 -
Payers propose hefty ACA exchange premium hikes
The higher rates insurers in Virginia and Maryland proposed were expected after the Trump administration zeroed out the individual mandate penalty.
By Les Masterson • May 8, 2018 -
Southeast Texas hospital closing, filing for bankruptcy
Bay Area Regional Medical Center was unable to get affordable managed care contracts with insurers, a spokesman said.
By Meg Bryant • May 8, 2018 -
UPMC reports Q1 earnings, admissions up
The Pittsburgh-based health system posted $4.6 billion in revenue and a 22% increase in admissions and observations year-over-year.
By Tony Abraham • May 7, 2018 -
Nokia to exit digital health market
The company said it will sell its digital health portfolio to the co-founder of French startup Withings, which Nokia bought two years ago.
By Meg Bryant • May 4, 2018 -
LifePoint posts $5.3M loss with fewer admissions
The health system's guidance remains relatively unchanged for 2018, executives said in an earnings call.
By Tony Abraham • May 4, 2018 -
PwC report shines light on M&A disruption in healthcare
Currently, 84% of Fortune 50 companies are involved in the industry.
By Meg Bryant • May 2, 2018 -
Aetna adds nearly 250K Medicare Advantage members in Q1
The payer posted profits of $1.2 billion in Q1 2018 compared to a loss of $381 million during the same period last year.
By David Lim • May 1, 2018 -
HCA revenues, admissions up in Q1
The hospital operator's guidance ranges remain unchanged for 2018.
By Jeff Byers • May 1, 2018 -
UHS Q1 income, revenue inch up
Same facility revenues increased on both the acute hospital and behavioral health sides of the hospital chain's business.
By Meg Bryant • April 27, 2018 -
New investment fund targets precision medicine, AI
Lancaster General Health clinicians and innovators from Aspire Universal will work together to synthesize data and fast-track products through clinical trials and FDA approval.
By Meg Bryant • April 26, 2018 -
Adventist Health's net income nears $230M in FY17
The 90-hospital nonprofit health system based in California reported $4.1 billion in revenue, a 5.8% gain over 2016.
By Meg Bryant • April 25, 2018 -
Deep Dive
Value-based pay a factor pushing docs to hospital work
The trend may raise costs, though, and there are signs it may be slowing.
By Les Masterson • April 25, 2018 -
Court allows class-action CSR payment lawsuit
The Department of Justice may appeal the ruling, which could ultimately result in billions of dollars in subsidies to payers offering plans in the ACA marketplace.
By Les Masterson • April 23, 2018 -
Walmart, Emory Healthcare working together on new ACO
Walmart has been at the forefront of a trend that sees employers contracting directly with providers in hopes of improving care while also reducing costs.
By Les Masterson • April 23, 2018 -
Payer trade groups slam short-term health plan proposal
The insurance lobbies argued that other policy mechanisms would be more effective at improving the individual health insurance market.
By David Lim • Updated April 24, 2018 -
Tenet offers nurses large sign-on bonuses
The Bureau of Labor Statistics predicts a significant nursing shortage by 2022, which is pushing health systems to figure out ways to recruit and attain staff.
By Les Masterson • April 20, 2018 -
Investors view healthcare as 'compelling investment,' report says
Bain & Company said healthcare M&A deals increased 27% to $332 billion in 2017. Three megadeals accounted for one-third of the total at $126 billion.
By Les Masterson • April 20, 2018 -
Medicare spending on track to hit $1.2T in 2028, CBO says
Medicare outlays are expected to account for a third of all healthcare spending by the end of the decade, up from half currently, according to the report.
By Meg Bryant • April 19, 2018 -
Potential Medicare APM overlap an increasing concern
Competing payment models in the same area "may have far-reaching impact on provider incentives and behavior," the authors of a recent Health Affairs blog post said.
By Les Masterson • April 19, 2018 -
Deep Dive
Telehealth: Clear use, questionable ROI
"It just doesn't move the needle" on healthcare overall, Jay Parkinson, founder and CEO of virtual primary care company Sherpaa, said.
By Meg Bryant • April 19, 2018 -
Healthcare megadeals may have major long-term impact, Moody's says
Payer vertical integration could put more pressure on hospital volumes and margins, according to a new report.
By Les Masterson • April 18, 2018 -
3 states could have Medicaid expansion on the ballot
Meanwhile, Arizona is requesting a waiver to stop Medicaid recipients from getting retroactive coverage up to three months before a person applies for coverage.
By Les Masterson • April 18, 2018 -
Healthcare sharing ministries: 5 things to know
These alternatives to regular health insurance have grown to nearly 1 million people this decade.
By Les Masterson • April 18, 2018 -
Henry Ford Health System cites wages, Epic implementation in net income drop
Revenue for the system increased 4.8% to $6 billion in 2017.
By Meg Bryant • April 17, 2018