Finances: Page 83
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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 -
Deep Dive
How 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 -
Optum's MedExpress and Walgreens team up on urgent care
The move reflects a growing trend toward vertical integration in healthcare.
By Meg Bryant • Dec. 8, 2017 -
Kindred Healthcare shutters Kansas City hospital
The health system has divested or closed 21 long-term acute care hospitals in the past year.
By Meg Bryant • Dec. 8, 2017 -
More billing codes, demonstrations help bridge physician payment gap
CMS is incentivizing specific activities and pushing for favorable outcomes through its new billing codes and demonstrations, The Robert Wood Johnson Foundation said.
By Les Masterson • Dec. 8, 2017 -
Temporary physicians do not increase mortality risk, study says
A new JAMA Network report also found that patients treated by locum tenens physicians had higher Part B spending, longer length of stay and readmissions.
By Les Masterson • Dec. 7, 2017 -
US health spending growth slows, but still rises to 17.9% of GDP
Consumers still faced the fastest rate of growth in out-of-pocket spending since 2007, with an increase of 3.9%.
By David Lim • Dec. 6, 2017 -
AHA report offers advice about value-based payment programs
The AHA said a key to a hospital or health system's value-based payment program success involves an organization's "capabilities and culture" as well as market and policy forces.
By Les Masterson • Dec. 6, 2017 -
It's a myth the uninsured use the ER more often, study shows
Uninsured adults do use significantly less outpatient care than the insured.
By David Lim • Dec. 6, 2017