Finances: Page
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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 -
Deep Dive
How will expanding catastrophic health plans affect providers?
A recent presidential executive order to expand the use of safety net coverage could drive down care utilization, but might also promote more patient engagement among providers and payers.
By Les Masterson • Nov. 9, 2017 -
Hospital-employed physicians create more Medicare costs
Services at hospital-employed physicians' offices increased Medicare costs for four services by $3.1 billion between 2012 and 2015, according to a new study from the Physicians Advocacy Institute.
By Les Masterson • Nov. 9, 2017 -
Price increases, population growth drive majority of rising healthcare spending
Healthcare spending rose from $1.2 trillion to $2.1 trillion between 1996 and 2013, according to new research published in JAMA.
By Les Masterson • Nov. 8, 2017 -
Humana cuts 2,700 jobs, profits drop in Q3
The payer has been working to shed costs since its failed merger with Aetna earlier this year
By Les Masterson • Nov. 8, 2017 -
Kaiser Permanente sees double-digit growth in Q3
Operating revenue for the period grew 11.5% to $18.3 billion compared with a year ago.
By Meg Bryant • Nov. 7, 2017 -
Tenet reports $366M loss from hurricanes, Medicaid programs
Net operating revenues were down 5.4% to $4.6 billion compared with the 2016 third quarter.
By Meg Bryant • Nov. 7, 2017 -
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
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