Finances: Page
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Physician job growth varies greatly by region, report finds
Seven of the 10 highest-paying jobs in 2017 were in the medical field, according to a separate report by CareerCast.
By Meg Bryant • Dec. 19, 2017 -
Tenet mulls sale of revenue cycle arm, forecasts 2018
The hospital operator said a 2018 outlook of operating revenue at about $18 billion stems from organic revenue growth, a pipeline of acquisitions across ambulatory offerings and the completion of a variety of divestitures.
By Jeff Byers , Shannon Muchmore • Dec. 19, 2017 -
Penn State Health, Highmark Health forge alliance
The new partnership may be a response to University of Pittsburgh Medical Center's recent expansion into their territory.
By Les Masterson • Dec. 19, 2017 -
Salesforce, Geneia launch app aimed at value-based care
The partnership seeks to help healthcare stakeholders spot gaps in care and reduce admissions and claims costs.
By Les Masterson • Dec. 18, 2017 -
Deep Dive
How the GOP tax bill could affect healthcare
Here's a cheat sheet showing what the tax bill means for healthcare and other industries.
By Shannon Muchmore • Dec. 18, 2017 -
Fitch Ratings: Healthcare sector stable, but providers face headwinds
Regulatory uncertainties, growing consumerism, payer consolidation and a move from fee-for-service to value-based payments are all issues for providers.
By Les Masterson • Dec. 18, 2017 -
Providers warming to risk-based payments, survey shows
The AMGA report also found that multiple barriers remain for value-based contracting, including issues with data sharing, limited access to capital and a lack of commercial risk products.
By Les Masterson • Dec. 14, 2017 -
BCBS of Massachusetts paying members to shop around
The program will reward members $250 per procedure when they "shop for and get care from lower cost, quality providers."
By Les Masterson • Dec. 13, 2017 -
Partners HealthCare bounces back from 2016 slump
Revenues for fiscal 2017 grew 7% to $13.4 billion.
By Meg Bryant • Dec. 12, 2017 -
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