Finances: Page 84
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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 -
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
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