Finances: Page 85
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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 -
Altarum launches value-based reimbursement contracting company
Payformance Solutions aims to bridge the gap in provider-payer negotiations.
By Meg Bryant • Nov. 17, 2017 -
Hospital revenue cycles improving, but denials are up
A report from Advisory Board shows a median 350-bed hospital lost $3.5 million in increased denial write-offs from payers over the past four years.
By Les Masterson • Nov. 16, 2017 -
Deep Dive
What you need to know about the new nominee to lead HHS
Alex Azar's previous stint at the agency is a plus in the eyes of many, but his more recent time as an executive for pharma giant Eli Lilly casts doubt on the Trump administration's promise to rein in drug prices.
By Shannon Muchmore • Nov. 15, 2017 -
Healthcare startup Forward expands into Los Angeles
Former Google employee Adrian Aoun founded the startup.
By Les Masterson • Nov. 15, 2017 -
CHI posts $77.9M operating loss in FY18 first quarter
The system has been in talks with Dignity Health about a possible merger and is reportedly in the final stages of the due diligence process.
By Meg Bryant • Nov. 14, 2017 -
CHS stock hits a new low
The past six months have seen the company’s stock price drop from $10.32 in May to $4.27 at the end of Monday.
By Les Masterson • Nov. 14, 2017 -
Deep Dive
How will instability in the ACA exchanges affect healthcare in 2018?
“Insurance markets work best when there’s stability and when everyone has a pretty good sense of how the market is going to operate. Sadly, we’re not there right now,” says Ken Wood, senior vice president of health plan development at Evolent Health.
By Les Masterson • Nov. 13, 2017 -
Report shines light on ACO successes, strategies
The CMS recently found that 11 of 18 Next Generation ACOs earned savings in 2016.
By Les Masterson • Nov. 13, 2017 -
NantHealth lost $42M in Q3
The company said its sale of provider/patient engagement assets to Allscripts, as well as layoffs and restructuring, contributed to the loss.
By Les Masterson • Nov. 13, 2017 -
Trump nominates former pharma exec Azar to head HHS
Alex Azar served as deputy secretary for HHS from 2005 to 2007 under President George W. Bush and until January of this year served as Eli Lilly’s president.
By Shannon Muchmore • Nov. 13, 2017 -
Most states have their own value-based payment programs, report says
Much attention recently has focused on the CMS’ value-based program adjustments, but Change Healthcare found states aren't necessarily waiting for federal direction.
By Les Masterson • Nov. 13, 2017 -
Nashville mayor requests closure of city's only safety-net hospital
The development is part of a larger trend where hospitals move more into outpatient services.
By Les Masterson • Nov. 12, 2017 -
Quorum reports $29.2M net loss in third quarter
The Brentwood, Tenn.-based health system is planning to sell off more hospitals in 2018.
By Meg Bryant • Nov. 10, 2017 -
Altarum: 43 states get failing marks on healthcare price transparency
Healthcare spending inched up just 1.1% in September, according to a separate Altarum report.
By Meg Bryant • Nov. 10, 2017