Finances: Page 89
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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 -
IBM and MIT partner on $240M AI lab
The 10-year collaboration aims to advance hardware, software and algorithms used in cognitive learning.
By Meg Bryant • Sept. 12, 2017 -
CBO: Medicare spending has slowed this fiscal year
The agency also reported that subsidies paid to health insurance companies through the ACA marketplace rose by 25%.
By Les Masterson • Sept. 11, 2017 -
Elizabeth Regan/Healthcare Dive
Physicians say more than a fifth of all medical care is unnecessary
Fear of malpractice is the most common reason for overtreatment.
By Meg Bryant • Sept. 8, 2017 -
Altarum: Hospital spending growth rate lowest in 28 years
Year-over-year hospital spending increased 1.1% in July, which was the slowest growth in any major healthcare category.
By Les Masterson • Sept. 8, 2017 -
Tenet to sell 8 US hospitals, 9 UK facilities
The company's investors are also reportedly debating whether to break it up along three main business lines.
By Les Masterson • Sept. 7, 2017 -
Moody's downgrades CHS
The bond creditor gave CHS a “stable” outlook but said the company faces industry challenges that will limit its efforts to improve financially.
By Les Masterson • Sept. 7, 2017 -
Mayo official says hospital consolidation plan not motivated by short-term profits
Mayo Clinic plans to consolidate services, including maternity, emergency care, overnight hospitalizations and inpatient surgeries, from its Albert Lea facility to its Austin facility 25 miles away.
By Les Masterson • Sept. 7, 2017 -
Elizabeth Regan/Healthcare Dive
EDI market growing at 9.4% CAGR, could near $6B by 2025
Key players in the healthcare EDI market include McKesson, GE Healthcare and Allscripts.
By Meg Bryant • Sept. 6, 2017 -
Study: Concentrated insurer markets lead to lower hospital, physician prices
The lower prices did not result in reduced costs for members, however.
By Les Masterson • Sept. 6, 2017 -
Sepsis costs Medicare $6B, topping all other inpatient discharges
Joint replacements have historically been the most common and expensive inpatient discharge.
By Les Masterson • Sept. 5, 2017 -
Deep Dive
Independent Payment Advisory Board still in Congress' crosshairs
Medicare spending hasn't yet reached the level to activate IPAB, which ACA opponents mischaracterized as a "death panel." Most of the healthcare industry supports stopping it before it starts.
By Les Masterson • Sept. 5, 2017 -
Moody's: Harvey may affect nonprofit hospital credit for years
The investor report said patient volumes, especially for outpatient and elective procedures, will play a major part in the impact on hospitals in southeast Texas.
By Les Masterson • Sept. 4, 2017 -
UPMC posts 22.5% drop in operating income for FY 2017
This was despite strong revenues for the year, which grew by more than $1 billion to $14.4 billion.
By Meg Bryant • Sept. 1, 2017 -
Advocate Health's revenues climb 7.6%, but operating income drops 41%
The Downers Grove, Illinois-based health system announced a $200 million cost-cutting plan in May.
By Meg Bryant • Sept. 1, 2017
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