Finances: Page 88


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    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
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    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
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    McKnight
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    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
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    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
  • Study: Freestanding EDs not filling gaps in emergency care

    The report published in Health Affairs found that freestanding EDs often go into areas with high incomes and high insurance coverage rates.

    By Les Masterson • Oct. 4, 2017
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    Digital health funding hits annual high of $4.7B at end of Q3

    The sector continues to shift to a business-to-business strategy.

    By Oct. 3, 2017
  • Steward becomes largest private for-profit hospital system with IASIS purchase

    The combined health system will have 36 hospitals across 10 states and revenues of close to $8 billion.

    By Oct. 3, 2017
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    Study: Unnecessary health spending fueled by low-cost, low-value services

    Authors of the new report suggest reducing these services would not be as “politically charged” as reducing the more high-profile services that are of lower value.  

    By Les Masterson • Oct. 3, 2017
  • Report: For-profit hospitals hurt by regulations, cost-cutting pressures

    Fitch Ratings said federal and state regulations are creating an "unpredictable operating environment" around for-profit hospitals.

    By Les Masterson • Oct. 2, 2017
  • Molina ex-CEO buying payer's California primary care clinics

    Mario Molina, who was ousted in May, is purchasing 17 clinics serving about 120,000 patients.

    By Sept. 29, 2017
  • Moody's: 340B payment cuts would hurt nonprofit hospitals

    HHS said Thursday it will continue to delay implementing drug ceiling prices and penalties for manufacturers overcharging providers.

    By Les Masterson • Sept. 28, 2017
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    Out-of-pocket healthcare costs straining Americans' finances

    People are delaying healthcare payments until they have enough money to pay their out-of-pocket medical costs. 

    By Les Masterson • Sept. 27, 2017
  • Mayo Clinic CEO nixes Minn. AG's request to delay hospital consolidation

    Minnesota Attorney General Lori Swanson wanted to give advocacy groups time to conduct a financial review of the plan, which is opposed by many in the communities affected.

    By Sept. 26, 2017
  • Ascension posts big net income gain to $1.8B

    Fiscal year 2017 revenue totaled $22.6 billion, up 3.9% from 2016.

    By Sept. 26, 2017
  • Senator demands answers from Envision about surprise billing

    U.S. Sen. Claire McCaskill (D-Mo.) sent a letter to Envision Healthcare asking questions about its subsidiary EmCare, one of the country’s largest physician-staffing companies for ERs, and the practice of surprise billing. 

    By Les Masterson • Sept. 26, 2017
  • Moody's maintains for-profit hospitals' stable outlook

    Outpatient service growth is expected over the next 18 months.  

    By Les Masterson • Sept. 24, 2017
  • HCA announces new freestanding ERs, urgent care centers in Florida

    The move is another case of a health system transitioning to a healthcare environment that focuses on fewer inpatient admissions and more outpatient care.

    By Les Masterson • Sept. 24, 2017
  • Kindred expects $20M direct hit from recent hurricanes

    About 16% of Kindred’s revenues come from areas affected by Hurricanes Harvey and Irma.

    By Sept. 22, 2017
  • UPMC expands Italy services with private hospital investment

    Salvator Mundi International Hospital is the latest investment for the health system, which has ventures in several countries.

    By Sept. 22, 2017
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    Two Kentucky health systems eye merger

    In other consolidation news, the Tennessee Department of Health greenlit a merger plan involving Mountain States Health Alliance and Wellmont Health System.  

    By Les Masterson • Sept. 22, 2017
  • Consumers, physicians blame rising healthcare costs on insurers, drug companies

    Survey respondents said two ways to reduce health spending is forcing those with poor health habits to pay more for their healthcare and to allow affordable catastrophic health insurance plans with limited benefits.  

    By Les Masterson • Sept. 20, 2017
  • CHI posts $585M operating loss in FY17

    Revenues for the year totaled $15.5 billion.

    By Sept. 19, 2017
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    Employer-based health insurance plan rates see 'modest increases' in 2017

    While premiums aren't increasing as they were a decade ago, individuals are facing high deductibles. 

    By Les Masterson • Sept. 19, 2017