Finances: Page 84
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Health Affairs shares emerging lessons for ACO implementation
“In addition to designing policy reforms effectively, success requires providers to develop new patient-focused competencies,” the authors wrote.
By Les Masterson • Nov. 7, 2017 -
Appalachian health systems get states OK on merger plan
Mountain States Health Alliance and Wellmont Health System used the Certificate of Public Agreement process to avoid Federal Trade Commission oversight.
By Les Masterson • Nov. 6, 2017 -
Cigna profits up, fueled by strong enrollment
Revenues for the period were $10.4 billion, up 5% from a year ago.
By Meg Bryant • Nov. 3, 2017 -
Digital health startup funding on track to hit $7B this year
Tools to increase provider efficiency got the most attention from investors, garnering $1.2 billion last year, according to a new report from Accenture.
By Meg Bryant • Nov. 3, 2017 -
UPMC's net income soars in Q1
The Pittsburgh-based health system collected $901 million net income in the first quarter of fiscal year 2018.
By Les Masterson • Nov. 3, 2017 -
CHIP reauthorization passes House but not likely to get through Senate
As many as 11 states could run out of CHIP funding by the end of the year after Congress failed to reauthorize the program by the Sept. 30 deadline.
By Les Masterson • Nov. 3, 2017 -
Strong enrollment growth, subscription fees push Teladoc revenue to $68.7M in Q3
Enrollment for the period increased 33% to 22.6 million, putting the New York-based telehealth company on track to enroll up to 23 million members this year.
By Meg Bryant • Nov. 2, 2017 -
Bipartisan bill looks to change physician anti-kickback law
Advocates say the legislation to change the Stark Law is needed to help clear hurdles for value-based care.
By Les Masterson • Nov. 2, 2017 -
Providers added staff, upgraded facilities after ACA increased rate of insured
An Urban Institute survey found there are still significant unmet healthcare needs for behavioral health, adult dental and specialty services.
By Les Masterson • Nov. 2, 2017 -
CHS completes planned divestitures but still sees patient admissions decline
Net operating revenues dropped by 16.3% in Q3 to $3.6 billion.
By Les Masterson • Nov. 2, 2017 -
HCA's earnings show how impactful catastrophic events can be
The hospital operator's net income was $426 million, down from $618 million in the 2016 third quarter.
By Meg Bryant • Nov. 1, 2017 -
Trinity Health revenue increase driven by acquisition, volume
The health system saw revenue grow 7.9% to $17.6 billion in fiscal 2017, an increase of $1.3 billion, according to a financial summary.
By Meg Bryant • Oct. 31, 2017 -
Deep Dive
In rural America, some hospitals find a way to prosper and grow
"We can't afford a data analyst, but five hospitals together can afford and share a data analyst," says Leslie March, CEO of Lexington Regional Medical Center in Nebraska.
By Meg Bryant • Oct. 31, 2017 -
Aetna silent on possible CVS deal during Q3 disclosures
The payer said its net income skyrocketed 39% in the third quarter compared to a year ago.
By Les Masterson • Oct. 31, 2017 -
CMS approves Iowa Medicaid waiver ending retroactive coverage
Hospitals in the state have opposed the proposal, which they said will hurt them financially by increasing charity care costs.
By Les Masterson • Oct. 31, 2017 -
More healthcare spending going to alternative payment models
CMS Administrator Seema Verma on Monday announced an initiative focused on quality, a new direction for the Innovation Center and the need to cut regulations for providers.
By Les Masterson • Oct. 31, 2017 -
GE reportedly exploring sale of healthcare IT business
GE’s health IT offerings include API Healthcare and Centricity EMR.
By Les Masterson • Oct. 29, 2017 -
Tenet Healthcare not for sale after all, according to report
The Dallas-based health system has plans to cut 1,300 jobs and disclosed a net loss of $366 million in its preliminary Q3 results.
By Les Masterson • Oct. 27, 2017 -
Cerner says delayed contracts led to disappointing Q3
Cerner President Zane Burke said the company expects to rebound in Q4 and "remains extremely well positioned for good long-term growth."
By Les Masterson • Oct. 27, 2017 -
CVS reportedly in talks to buy Aetna
The Wall Street Journal reported a $66 billion deal is being discussed as CVS looks to bolster itself in preparation for Amazon's potential entry into the drug distribution business.
By Shannon Muchmore • Oct. 27, 2017 -
Anthem beats Q3 expectations as it pulls back ACA plan offerings
The payer's medical enrollment grew by 347,000 members compared to a year ago and totaled 40.3 million at the end of September.
By Les Masterson • Oct. 26, 2017 -
Select Medical, Dignity Health to merge urgent care centers
Under the deal, Dignity Health would own 20% of the combined urgent care entity.
By Meg Bryant • Oct. 25, 2017 -
Florida provider suspending services at end of the month
The 67-bed hospital is working to secure capital or a sale.
By Meg Bryant • Oct. 25, 2017 -
Deep Dive
The hospital divestiture trend is heating up, and not going away anytime soon
Healthcare financial experts agree the divestiture trend is only getting started as health systems look for ways to shed facilities in a tough environment for hospitals.
By Les Masterson • Oct. 25, 2017 -
AMA: Nearly 70% of payer markets 'highly concentrated'
The annual report found that 90% of markets have at least one insurer with a 30% or greater market share.
By Les Masterson • Oct. 24, 2017