Finances: Page
-
Teladoc revenue up 89% to $233M in 2017
CEO Jason Gorevic noted especially high telehealth use in Q4 due to the ongoing severe flu season.
By Meg Bryant • March 1, 2018 -
CVS, Aetna unscathed through congressional hearing
The AMA is asking Congress to "closely scrutinize the pending merger deal" on worries it would reduce competition among PBMs, local health insurance markets and local retail pharmacy markets.
By David Lim • Feb. 28, 2018 -
Community Health posts $2.4B net loss
The 127-hospital system system is navigating a turnaround as it attempts to shed debt.
By Jeff Byers • Feb. 27, 2018 -
Deep Dive
CVS, Aetna go to Congress to defend proposed merger
CVS is expected to argue that the merger will allow for better-integrated patient care by enabling pharmacists, equipped with both prescription and medical information, to play a bigger role between physician visits.
By David Lim • Feb. 27, 2018 -
Tenet discloses $704M net income loss for 2017, beats Q4 expectations
The 74-hospital system reported 758,875 total admissions in 2017, a 4.2% decrease over the same period in 2016.
By Jeff Byers • Feb. 26, 2018 -
Lay-health workers reduced readmission rates at rural hospital, study finds
Healthcare organizations have increasingly explored how social determinants of health affect population health.
By Les Masterson • Feb. 26, 2018 -
Moody's: Aggressive insurer growth strategies threaten nonprofit hospitals
The embrace of value-based payment models is shifting more patients to cheaper outpatient settings, the ratings agency said.
By Meg Bryant • Feb. 23, 2018 -
Lifepoint takes $27M loss in Q4
The 71-hospital system also posted lower admissions and a drop in net income.
By Jeff Byers • Feb. 23, 2018 -
Deep Dive
Trump short-term health plan may spur more ACA exits
The impact of the individual mandate repeal and higher premiums could inflate a shift out of ACA plans.
By David Lim • Feb. 23, 2018 -
Mayo Clinic reports $12B in revenue for 2017
The health system's expenses increased from about $10.5 billion in 2016 to nearly $11.3 billion in 2017.
By Les Masterson • Feb. 22, 2018 -
California workers seek job security amid Dignity-CHI merger
A protest of more than 700 employees is on hold as contract negotiations with parent company Dignity Health continue.
By Les Masterson • Feb. 21, 2018 -
Anthem to limit anesthesiologists in latest cost-saving move
Critics of the policy say it will force cataract surgery patients to pay for the service themselves or face higher risks.
By Les Masterson • Feb. 21, 2018 -
Express Scripts joins Walgreens Boots to cut biosimilar costs
The pharmacy benefit manager is expanding its agreement with the drug store giant to simplify the supply chain for specialty pharmaceuticals.
By Lisa LaMotta • Feb. 21, 2018 -
Ascension operating revenue slides in last six months of 2017
The hospital operator pegged the decrease to its divestiture of Saint Joseph Hospital and Door County Hospital, as well as sales trends from 2016.
By David Lim • Feb. 21, 2018 -
Deep Dive
Anthem's cost-cutting drive riles providers
The payer said the E/M payment cut is one way to reduce costs for its members and employer clients, but critics say the change may require patients to return for another doctor visit.
By Les Masterson • Feb. 21, 2018 -
Ascension, Presence Health ink deal to merge
The systems signed a non-binding letter of intent to strike a deal last August.
By Les Masterson • Feb. 20, 2018 -
JAMA: Admin costs vary by type of visit
The researchers said their findings could be used to inform policies that reduce administrative costs.
By Les Masterson • Feb. 20, 2018 -
Tax cuts a win for most for-profit hospitals, Moody's says
HCA and Universal Health Services will get the most out of the change, while others won’t benefit as much due to interest deductibility limits.
By Les Masterson • Feb. 20, 2018 -
CityMD to buy urgent care Long Island competitor STAT Health
The New York City-based urgent care provider is also acquiring FirstMed Intermediate Medical Care.
By Meg Bryant • Feb. 16, 2018 -
Healthcare industry 'ripe for disruption,' S&P Global warns
Segments considered most vulnerable include medical and lab supplies, healthcare e-commerce and retail pharmacies.
By Meg Bryant • Feb. 16, 2018 -
CHS sells 60-bed Louisiana hospital
It's the hospital chain's second sale in less than a month.
By Meg Bryant • Feb. 16, 2018 -
Advocate, Aurora step closer to merger after OK from FTC
The combined company would have 27 hospitals, 3,300 physicians and 70,000 other employees.
By David Lim • Feb. 16, 2018 -
CMS to watch and wait on Idaho Blue Cross's ACA-skirting plans
HHS Secretary Alex Azar told lawmakers the department would look at the health plans and measure them against ACA requirements once it receives a waiver request from the insurer.
By David Lim • Feb. 16, 2018 -
Baylor Scott & White reports higher admissions, $595M profit through half of FY18
Despite its mostly positive report, the hospital system's operating expenses increased from $4.3 billion to $4.4 billion, which was partially related to higher labor and supplies costs.
By Les Masterson • Feb. 16, 2018 -
Georgia hospitals sue Anthem over ER, imaging policies
Anthem will shortly stop paying for imaging in hospitals and for emergency department care that it later deems not an emergency.
By Les Masterson • Feb. 15, 2018
Previous
