Finances: Page 85
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Centene reports 9.7% revenue increase in Q3 amid ACA plan expansion
The St. Louis-based payer saw its membership grow by nearly 8% from the same time last year.
By Les Masterson • Oct. 24, 2017 -
States struggling to maintain CHIP without federal dollars
Lawmakers have still not reauthorized the program, and officials from six states and the District of Columbia fear they’ll run out of CHIP money by the end of the year.
By Les Masterson • Oct. 24, 2017 -
Pilot test will evaluate MACRA's ability to reduce costs
The CMS will test eight measures to see whether physicians in the Merit-based Incentive Payment System are cutting spending.
By Les Masterson • Oct. 23, 2017 -
Tenet to close Abrazo Maryvale Campus in Phoenix
Hospital officials are “in discussions with other parties who could repurpose the Abrazo Maryvale Campus for other healthcare-related services,” CEO Stan Holm said.
By Meg Bryant • Oct. 20, 2017 -
HCA 3Q results show impact of recent hurricanes
Revenues for the health system climbed 4.1% to $10.7 billion, compared with the same period a year ago.
By Meg Bryant • Oct. 20, 2017 -
Some hospitals are finding a new funding source in nursing homes
Hospitals can get more Medicaid funding per nursing home resident by owning or leasing the facility, according to Kaiser Health News.
By Les Masterson • Oct. 18, 2017 -
Anthem building large health IT hub in Atlanta
The 21-story facility will support about 3,000 IT professionals.
By Meg Bryant • Oct. 17, 2017 -
MA, Optum customers contribute to UnitedHealth's strong Q3
The company during an earnings call showed interest in the recent executive order allowing for association health plans and extending short-term plans.
By Les Masterson • Oct. 17, 2017 -
Next Generation ACOs show positive results
Accountable care organizations in the Next Generation program take on more financial risk than other programs, but can see a bigger payoff from savings created through improvements in care.
By Les Masterson • Oct. 17, 2017 -
M&A doesn't always improve hospital margins
A new study found that operating revenue often drops faster than operating expenses after a hospital merger.
By Les Masterson • Oct. 16, 2017 -
Tenet signals Chicago exit with sale of hospital to Loyola Medicine
The Dallas-based hospital chain is reportedly in talks to sell its three other Chicago-area hospitals.
By Meg Bryant • Oct. 13, 2017 -
Consolidation may put academic medical centers' mission at risk
Cuts in reimbursement and federal research funding are forcing many academic medical centers to consider aligning with nonacademic health systems, a paper published in JAMA argues.
By Meg Bryant • Oct. 13, 2017 -
Molina names insurance veteran as new CEO
Joseph Zubretsky most recently served as president and CEO of The Hanover Insurance Group.
By Meg Bryant • Oct. 12, 2017 -
Healthcare price growth drops to lowest level in nearly two years
Hospital spending remains the slowest growing healthcare sector, according to a new Altarum Institute report.
By Les Masterson • Oct. 12, 2017 -
Patient engagement solutions market on track to hit $18.7B in 2022
Key players include McKesson, athenahealth, Cerner and Allscripts.
By Meg Bryant • Oct. 11, 2017 -
Analysis: Is healthcare spending growth past the ACA bump?
A new Robert Wood Johnson Foundation blog post notes hospital spending growth has slowed as payers have pushed for more outpatient services.
By Les Masterson • Oct. 11, 2017 -
Survey: Healthcare salaries strong, but workload a worry
Nearly nine in 10 healthcare workers said their salary stayed the same or increased this year.
By Meg Bryant • Oct. 10, 2017 -
Adeptus Health acquired by NYC hedge fund
The freestanding emergency room operator filed for Chapter 11 bankruptcy in April, citing financial strains from an aggressive growth strategy.
By Meg Bryant • Oct. 10, 2017 -
Express Scripts to buy eviCore Healthcare for $3.6B
EviCore contracts with health plans and commercial clients to ensure appropriate use of healthcare services.
By Les Masterson • Oct. 10, 2017 -
Deep Dive
Investors are approaching hospital stocks cautiously
Some unfavorable financial trends and an air of uncertainty for healthcare's future in Congress has led to an environment not particularly friendly for major investment.
By Les Masterson • Oct. 10, 2017 -
Connecticut health system sues Anthem over ER reimbursement change
Hartford HealthCare is suing the payer after the two sides did not come to a new contract agreement.
By Les Masterson • Oct. 10, 2017 -
Americans aren't getting healthcare price information, according to survey
Many respondents who said they requested the information didn't actually get what they needed from providers.
By Les Masterson • Oct. 9, 2017 -
MedPAC pushes for MIPS repeal
Members of the commission said MIPS is too complex and won't achieve the goal of improving patient care.
By Les Masterson • Oct. 9, 2017 -
Skyrocketing out-of-pocket spending outpaces wage growth
The average deductible for people with employer-based health insurance increased from $303 in 2006 to $1,505 in 2017.
By Les Masterson • Oct. 6, 2017 -
Lahey Health announces 75 layoffs
The five-hospital Burlington, Mass.-based health system hopes to merge with Boston-based Beth Israel Deaconess Medical Center.
By Les Masterson • Oct. 4, 2017
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