Finances: Page 88
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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 Meg Bryant • 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 -
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 Meg Bryant • 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 Meg Bryant • 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 Meg Bryant • 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 Meg Bryant • Sept. 22, 2017 -
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 Meg Bryant • Sept. 19, 2017 -
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 -
Survey: One-quarter of health systems don't have cost-cutting goals for next 5 years
Approximately another one-quarter say they hope to decrease costs by 1-5% over five years.
By Les Masterson • Sept. 19, 2017 -
Navicure, ZirMed announce merger
The two healthcare revenue cycle management companies said the merger will further accelerate innovation by leveraging cloud-based solutions.
By Les Masterson • Sept. 18, 2017 -
Deep Dive
What will be the fallout from Anthem's new imaging policy?
With payers looking to force more services to lower-cost settings, hospitals have to react to losing some of their main profit sources.
By Les Masterson • Sept. 18, 2017 -
Report: M&A leading to stagnant, declining healthcare wages
Outpatient care jobs grew at six times the rate of hospital jobs in a 10-year period, according to the study by the Center for Economic and Policy Research.
By Les Masterson • Sept. 18, 2017 -
Ardent Health and U of Texas System to acquire east Texas organization
This is Ardent Health’s second joint venture acquisition this year.
By Meg Bryant • Sept. 15, 2017 -
Banner Health looking to hire 1K workers
The Phoenix-based health system recently completed a major restructuring.
By Meg Bryant • Sept. 14, 2017 -
Senators offer polar opposite plans for changing healthcare system
Some Republicans aren't giving up on repealing the ACA. Across the aisle, Democrats are embracing a single-payer plan.
By Shannon Muchmore • Sept. 14, 2017 -
WSJ: Tenet exploring possible sale
The for-profit hospital chain recently announced plans to sell eight U.S. hospitals and nine U.K. facilities.
By Jeff Byers • Sept. 14, 2017 -
Healthcare industry split on CMS' proposal to allow inpatient joint replacement surgeries
Providers at hospitals, which would see less revenue under the plan, say moving those procedures to outpatient settings would threaten patient safety.
By Les Masterson • Sept. 14, 2017 -
Most patients want to know costs, financing options before treatment
A HealthFirst Financial survey finds more than half of respondents said they would like healthcare providers to discuss financial options before care.
By Les Masterson • Sept. 12, 2017 -
Deep Dive
Reading the tea leaves in a hospital's loss of tax-exempt status
News that a hospital lost its status earlier this year "may certainly send some chills down the spines of some hospital managers,” says Gary Young, a health policy expert at Northeastern University in Boston.
By Meg Bryant • Sept. 12, 2017
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