Finances: Page 89
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Deep Dive
Despite federal delays, bundled payments will be entrenched in US healthcare
Bundled payment models serve as an entry to value-based care because of the relatively low risk providers take on. While these programs aren't yet proven to be successful, there is enough positive data to support participation.
By Les Masterson • July 17, 2017 -
SSM Health continues consolidation trend with CSA purchase
Changes in the Wisconsin payer and provider markets contributed to the move.
By Meg Bryant • July 14, 2017 -
American Family Care gets $1B investment in urgent care locations
American Family Care is the largest operator of urgent care centers, and the new deal is expected to add another 300 locations.
By Les Masterson • July 14, 2017 -
DeGraff Memorial expanding ED, but cutting ICU, surgical facility and beds
As hospitals have struggled to find their footing in the current healthcare environment of lower inpatient reimbursement rates and risk-based delivery, they have focused more on ambulatory and outpatient services.
By Les Masterson • July 13, 2017 -
Digital health funding hits record high in first half of 2017, Rock Health finds
Seven companies snared $100 million or more in deals during the second quarter.
By Meg Bryant • July 12, 2017 -
Medicare Advantage plans pay physicians about the same as traditional Medicare, study finds
Researchers reviewed 144 million claims for common services from 2007 to 2012.
By Les Masterson • July 12, 2017 -
CHS agrees to sells Texas hospital to HCA
The hospital operator is continuing its selling spree.
By Jeff Byers • July 12, 2017 -
Lutheran Health exec resigns over alleged CHS mismanagement
Lutheran Hospital's CMIO claimed CHS threatened the physician group attempting to buyout the Fort Wayne, Indiana network with litigation.
By Meg Bryant • July 11, 2017 -
Care in last year of life less costly than thought, study finds
Aggregate spending during the last 12 months of life ranged from 8.5% in the U.S. to 11.2% in Taiwan.
By Meg Bryant • July 7, 2017 -
GAO: CMS erred in giving bonuses to lower-quality hospitals
The Hospital Value-Based Purchasing Program rewarded some hospitals because of favorable efficiency scores, despite their lower quality metrics, according to the report.
By Meg Bryant • July 7, 2017 -
Roche buys digital diabetes management platform mySugr
From tech giants to startups, companies are looking at diabetes treatment and management for future growth.
By Meg Bryant • July 6, 2017 -
Physician group drops bid to buy CHS' Lutheran Health Network
In other CHS news, the hospital chain has completed the sale of nine hospitals.
By Les Masterson • July 5, 2017 -
Open Payments: Industry payments to physicians, hospitals rose to $8.2B in 2016
The latest data review found 1,481 companies made payments to 631,000 physicians and 1,146 teaching hospitals.
By Les Masterson • July 3, 2017 -
Hallmark Health announces layoffs, consolidation of services
Hallmark’s Medford, Massachusetts hospital is averaging just two ICU patients and 17 medical/surgery patients a day.
By Meg Bryant • June 30, 2017 -
Hospitals see revenue opportunities in oxygen therapy for diabetics
The number of hospitals with hyperbaric oxygen units has doubled since 2004, from 626 to 1,350 last year.
By Meg Bryant • June 29, 2017 -
Hospitals lose $22M on average because of revenue cycle issues, report finds
An Advisory Board Company analysis argues hospitals and health systems’ critical benchmarks need a strategic overhaul after being stagnant or steadily sliding since 2011.
By Les Masterson • June 28, 2017 -
Memorial Hermann Health System cuts 350 more employees
This is the second round of layoffs for the Houston-based system this year.
By Les Masterson • June 28, 2017 -
Summa Health to cut 300 positions, scale back services in face of $60M operating loss
Low patient volume at both inpatient and outpatient settings contributed to the health system’s decision.
By Meg Bryant • June 27, 2017 -
Contract dispute between MN insurer, children's health system goes public
The current contract between Blue Cross and Blue Shield of Minnesota and Children's Hospitals and Clinics of Minnesota ends on July 5.
By Les Masterson • June 27, 2017 -
Report: $262B in healthcare claims initially denied last year
As much as 3.3% of net patient revenue is put at risk because of denials for a typical health system, an analysis from Change Healthcare found.
By Les Masterson • June 26, 2017 -
Georgia hospital close to closure sues BCBS over reduced payments
Cornerstone Medical Group is the only hospital in rural Walker County.
By Meg Bryant • June 23, 2017 -
Kaiser Permanente buys $14.1M building in Northern Virginia
The health system’s Mid-Atlantic affiliate plans to expand an existing medical facility in Ashburn, Va.
By Meg Bryant • June 23, 2017 -
Teladoc to acquire medical consultation firm Best Doctors for $440M
The deal will add 50,000 specialists to Teladoc’s network of 3,100 physicians and therapists.
By Meg Bryant • June 21, 2017 -
Study shows patients aren't protected from surprise bills
Only six states provide a “comprehensive approach to protect consumers," but even those laws have loopholes.
By Les Masterson • June 21, 2017 -
Hospitals eyeing former retail space for outpatient clinics
Dana Farber Cancer Institute has leased two floors of a former shopping mall in Chestnut Hill, Massachusetts.
By Meg Bryant • June 20, 2017
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