Finances: Page 81
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Uncompensated care increased for community hospitals in 2016
An AHA report found that 4,840 community hospitals provided a total of $38.3 billion in uncompensated care in 2016, up from $35.7 billion in 2015.
By Les Masterson • Jan. 8, 2018 -
CVS expects $1.2B increase in annual net income from tax bill
Adjusted earnings per share are expected to be at the lower end of the $1.88-$1.92 range announced during the company’s 2017 Q3 earnings call.
By David Lim • Jan. 5, 2018 -
A.M. Best improves outlook for health insurance industry to 'stable'
A new report from the ratings agency said multiple payer product lines remain profitable despite issues in the individual market.
By Les Masterson • Jan. 4, 2018 -
Colorado law requires hospitals post prices for common procedures
Beginning Jan. 1, state hospitals must provide self-pay pricing information for the 50 most used diagnosis-related group codes and 25 most-used procedural technology billing codes.
By Les Masterson • Jan. 3, 2018 -
2.3% medical device tax resumes after 2-year hiatus
The controversial tax was among several levies as part of the Affordable Care Act.
By Meg Bryant • Jan. 3, 2018 -
Hospital groups press on with 340B lawsuit despite judge's decision
The changes to the 340B drug prescription program went into effect on Jan. 1 and will mean huge prescription payment cuts to hospitals.
By Les Masterson • Jan. 3, 2018 -
CMS proposes Medicare Advantage risk adjustment increase
The proposal would increase payments for MA members with mental health issues, substance use disorder and chronic kidney disease starting in 2019.
By Les Masterson • Jan. 2, 2018 -
Partners, Care New England extend merger talks in 2018
One sticking point in negotiations was the sale of Memorial Hospital, which CNE has decided to close.
By Meg Bryant • Jan. 2, 2018 -
Deep Dive
Health systems brace for 2018 disruption
Look for more care in outpatient settings as hospitals consider cost containment and hiring strategies to stay above water.
By Jeff Byers , Shannon Muchmore , David Lim • Jan. 2, 2018 -
Kindred Healthcare shareholder opposes Humana, private equity deal
Brigade Capital Management said the $4.1 billion deal will "short-change existing shareholders," criticizing the $9 per share valuation for stockholders as "disappointing and grossly inadequate."
By Les Masterson • Jan. 2, 2018 -
Scripps Health plans reorganization, layoffs in 2018
CEO Chris Van Gorder told staff the moves are needed to remain competitive in light of lowering reimbursements and patients who are shopping around for services due to high deductibles.
By Les Masterson • Jan. 2, 2018 -
ACA signups surge in last week, HealthCare.gov total at 8.8M
Many state-run exchanges are still enrolling people, which could result in overall enrollment for 2018 to potentially exceed 2017, according to Larry Levitt, senior vice president at the Kaiser Family Foundation.
By David Lim • Dec. 21, 2017 -
Physician job growth varies greatly by region, report finds
Seven of the 10 highest-paying jobs in 2017 were in the medical field, according to a separate report by CareerCast.
By Meg Bryant • Dec. 19, 2017 -
Tenet mulls sale of revenue cycle arm, forecasts 2018
The hospital operator said a 2018 outlook of operating revenue at about $18 billion stems from organic revenue growth, a pipeline of acquisitions across ambulatory offerings and the completion of a variety of divestitures.
By Jeff Byers , Shannon Muchmore • Dec. 19, 2017 -
Penn State Health, Highmark Health forge alliance
The new partnership may be a response to University of Pittsburgh Medical Center's recent expansion into their territory.
By Les Masterson • Dec. 19, 2017 -
Salesforce, Geneia launch app aimed at value-based care
The partnership seeks to help healthcare stakeholders spot gaps in care and reduce admissions and claims costs.
By Les Masterson • Dec. 18, 2017 -
Getty / Edited by Industry Dive
Deep DiveHow the GOP tax bill could affect healthcare
Here's a cheat sheet showing what the tax bill means for healthcare and other industries.
By Shannon Muchmore • Dec. 18, 2017 -
Fitch Ratings: Healthcare sector stable, but providers face headwinds
Regulatory uncertainties, growing consumerism, payer consolidation and a move from fee-for-service to value-based payments are all issues for providers.
By Les Masterson • Dec. 18, 2017 -
Providers warming to risk-based payments, survey shows
The AMGA report also found that multiple barriers remain for value-based contracting, including issues with data sharing, limited access to capital and a lack of commercial risk products.
By Les Masterson • Dec. 14, 2017 -
BCBS of Massachusetts paying members to shop around
The program will reward members $250 per procedure when they "shop for and get care from lower cost, quality providers."
By Les Masterson • Dec. 13, 2017 -
Partners HealthCare bounces back from 2016 slump
Revenues for fiscal 2017 grew 7% to $13.4 billion.
By Meg Bryant • Dec. 12, 2017 -
Ascension's operating income plunges 93% in FY18 Q1
Revenue dropped 1.9% to $5.55 million, due partly to Hurricane Irma in Florida.
By Meg Bryant • Dec. 12, 2017 -
High-deductible plans don't reduce low-value healthcare spending, study says
The plans in their current form “may represent too blunt an instrument to specifically curtail" wasteful spending on services of lower value.
By Les Masterson • Dec. 12, 2017 -
HHS' OIG says undisclosed Medicare Advantage pilot passes regulatory muster
The pilot — which involves a hospital system, Medicare Advantage plan and trade association — would allow real-time access to patient discharge information.
By Les Masterson • Dec. 12, 2017 -
Nonprofit hospitals reap billions on Wall Street: Report
The analysis shows significant gains in total profits when outside investments are factored in.
By Meg Bryant • Dec. 8, 2017
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