Finances: Page 84
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Financial gap is growing between largest payers and the rest of the pack
A new Deloitte Center for Health Solutions found the three largest health insurers generated 84% of the total underwriting gains in 2016.
By Les Masterson • Dec. 6, 2017 -
Scripps nixes hospital CEO positions and $30M in services
On the East Coast, North Philadelphia Heath System said its CEO will exit as part of a court-ordered financial turnaround plan.
By Jeff Byers , Meg Bryant • Dec. 5, 2017 -
Trinity Health moves up sale of $889M in bonds in anticipation of tax overhaul
"I look at it as kind of a risk mitigation," Trinity Health’s Dina Richard told Reuters.
By Meg Bryant • Dec. 5, 2017 -
One-third of practices didn't report performance data in value-based program
A study published in Health Affairs looked at the first year of Medicare's Physician Value-Based Payment Modifier program.
By Les Masterson • Dec. 5, 2017 -
Advocate-Aurora Health Care merger would combine 27 hospitals
The combined company would put 3,300 physicians and 70,000 other employees under the same roof.
By David Lim • Dec. 5, 2017 -
ER facility fees skyrocket faster than outpatient or overall healthcare spending
Vox and the Health Care Cost Institute analyzed 70 million insurance bills for ER visits and found ER fees increased by more than $3 billion between 2009 and 2015.
By Les Masterson • Dec. 5, 2017 -
Dive Awards
The Healthcare Dive Awards for 2017
The 2017 Healthcare Dive Awards recognize the industry’s top disruptors and innovators. These executives, companies and trends are transforming the industry and shaping the future.
By Jeff Byers , Shannon Muchmore • Dec. 4, 2017 -
UnitedHealthcare launches value-based Medicare Advantage program with Oak Street Health
About 20,000 MA enrollees in UnitedHealthcare plans in the greater Chicago area will have access to Oak Street Health's primary care clinics.
By Les Masterson • Dec. 4, 2017 -
Cleveland Clinic sees 32% drop in operating income in Q3
Revenues climbed to $2.05 billion from $2.01 billion in the third quarter of 2016, partly due to larger patient volumes.
By Meg Bryant • Dec. 1, 2017 -
Family physicians warming to value-based payments, but barriers remain
More than half of family physicians are now participating in value-based payment models, and some believe they lead to greater collaboration between primary care physicians and specialists.
By Les Masterson • Nov. 30, 2017 -
CMS finalizes hip fracture and cardiac bundled payment program cancellations
The agency is also moving forward with proposed changes to reduce the mandatory geographic areas for the joint bundled program.
By Les Masterson • Nov. 30, 2017 -
Global healthcare cloud computing market on course for $10B in 2021
Fueling the investment is a need to store burgeoning reams of health data.
By Meg Bryant • Nov. 29, 2017 -
Fitch predicts stable outlook for healthcare in 2018 despite changes
Fitch Ratings listed Amazon and changes to the Affordable Care Act as two possible disruptive forces in 2018.
By Les Masterson • Nov. 29, 2017 -
Care use, costs increase when doctors are connected to each other
The JAMA study found that patients whose physicians' networks included more primary care physicians saw more primary care visits but fewer specialists and emergency visits.
By Les Masterson • Nov. 29, 2017 -
UnitedHealth shares dip temporarily after projected earnings
The company's Optum unit announced it is launching Optum Ventures, a $250 million fund to develop healthcare startups.
By Les Masterson • Nov. 29, 2017 -
CHS invests $100M in Lutheran Health Network
Earlier this year a group of Lutheran physicians tried to buy the smaller hospital network, but CHS resisted the move.
By Meg Bryant • Nov. 28, 2017 -
Deep Dive
5 payer trends to watch in 2018
Expect insurers to accelerate programs and policies that cut costs and to push for value-based contracting as consumers demand more transparency in healthcare pricing.
By Les Masterson • Nov. 28, 2017 -
13 hospitals added to Rural Community Hospital Demonstration
The program, which now has 30 participating hospitals, reimburses inpatient services at the actual cost of care.
By Les Masterson • Nov. 27, 2017 -
Healthcare leaders call for transparency, timely data in CMMI models
CMS Administrator Seema Verma has asked for feedback as she looks to reshape the Center for Medicare and Medicaid Innovation.
By Les Masterson • Nov. 22, 2017 -
Yet another rural hospital to close — this one in Alabama
Lakeland Community Hospital CEO Debbie Pace blamed “drastic reductions in reimbursement.”
By Meg Bryant • Nov. 21, 2017 -
Summa financials improve with upswing in outpatient, ER services
The health system expects to lose about $35 million this year, which is better than the $60 million loss previously expected.
By Meg Bryant • Nov. 21, 2017 -
Medicare beneficiaries to see some cost increases next year
Some Medicare Part B enrollees will see a premium increase in 2018.
By Les Masterson • Nov. 20, 2017 -
Mayo Clinic more than doubles operating income in Q3
The health system also increased its revenues by more than 9%.
By Les Masterson • Nov. 20, 2017 -
Deep Dive
Why payers are flocking to the Medicare Advantage market
The CMS predicts more than one-third of all Medicare enrollees will be in MA plans next year.
By Les Masterson • Nov. 20, 2017 -
Sutter Health destroyed 192 boxes of evidence in antitrust case, judge says
The health system said it was a “mistake made as part of a routine destruction of old paper records.”
By Les Masterson • Nov. 20, 2017
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