Finances: Page
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HCA's earnings show how impactful catastrophic events can be
The hospital operator's net income was $426 million, down from $618 million in the 2016 third quarter.
By Meg Bryant • Nov. 1, 2017 -
Trinity Health revenue increase driven by acquisition, volume
The health system saw revenue grow 7.9% to $17.6 billion in fiscal 2017, an increase of $1.3 billion, according to a financial summary.
By Meg Bryant • Oct. 31, 2017 -
USDA
Deep DiveIn rural America, some hospitals find a way to prosper and grow
"We can't afford a data analyst, but five hospitals together can afford and share a data analyst," says Leslie March, CEO of Lexington Regional Medical Center in Nebraska.
By Meg Bryant • Oct. 31, 2017 -
Montgomery County Planning Commission
Aetna silent on possible CVS deal during Q3 disclosures
The payer said its net income skyrocketed 39% in the third quarter compared to a year ago.
By Les Masterson • Oct. 31, 2017 -
CMS approves Iowa Medicaid waiver ending retroactive coverage
Hospitals in the state have opposed the proposal, which they said will hurt them financially by increasing charity care costs.
By Les Masterson • Oct. 31, 2017 -
More healthcare spending going to alternative payment models
CMS Administrator Seema Verma on Monday announced an initiative focused on quality, a new direction for the Innovation Center and the need to cut regulations for providers.
By Les Masterson • Oct. 31, 2017 -
GE reportedly exploring sale of healthcare IT business
GE’s health IT offerings include API Healthcare and Centricity EMR.
By Les Masterson • Oct. 29, 2017 -
Tenet Healthcare not for sale after all, according to report
The Dallas-based health system has plans to cut 1,300 jobs and disclosed a net loss of $366 million in its preliminary Q3 results.
By Les Masterson • Oct. 27, 2017 -
Cerner says delayed contracts led to disappointing Q3
Cerner President Zane Burke said the company expects to rebound in Q4 and "remains extremely well positioned for good long-term growth."
By Les Masterson • Oct. 27, 2017 -
CVS reportedly in talks to buy Aetna
The Wall Street Journal reported a $66 billion deal is being discussed as CVS looks to bolster itself in preparation for Amazon's potential entry into the drug distribution business.
By Shannon Muchmore • Oct. 27, 2017 -
Anthem beats Q3 expectations as it pulls back ACA plan offerings
The payer's medical enrollment grew by 347,000 members compared to a year ago and totaled 40.3 million at the end of September.
By Les Masterson • Oct. 26, 2017 -
Select Medical, Dignity Health to merge urgent care centers
Under the deal, Dignity Health would own 20% of the combined urgent care entity.
By Meg Bryant • Oct. 25, 2017 -
Florida provider suspending services at end of the month
The 67-bed hospital is working to secure capital or a sale.
By Meg Bryant • Oct. 25, 2017 -
Deep Dive
The hospital divestiture trend is heating up, and not going away anytime soon
Healthcare financial experts agree the divestiture trend is only getting started as health systems look for ways to shed facilities in a tough environment for hospitals.
By Les Masterson • Oct. 25, 2017 -
AMA: Nearly 70% of payer markets 'highly concentrated'
The annual report found that 90% of markets have at least one insurer with a 30% or greater market share.
By Les Masterson • Oct. 24, 2017 -
Centene reports 9.7% revenue increase in Q3 amid ACA plan expansion
The St. Louis-based payer saw its membership grow by nearly 8% from the same time last year.
By Les Masterson • Oct. 24, 2017 -
States struggling to maintain CHIP without federal dollars
Lawmakers have still not reauthorized the program, and officials from six states and the District of Columbia fear they’ll run out of CHIP money by the end of the year.
By Les Masterson • Oct. 24, 2017 -
Pilot test will evaluate MACRA's ability to reduce costs
The CMS will test eight measures to see whether physicians in the Merit-based Incentive Payment System are cutting spending.
By Les Masterson • Oct. 23, 2017 -
Tenet to close Abrazo Maryvale Campus in Phoenix
Hospital officials are “in discussions with other parties who could repurpose the Abrazo Maryvale Campus for other healthcare-related services,” CEO Stan Holm said.
By Meg Bryant • Oct. 20, 2017 -
HCA 3Q results show impact of recent hurricanes
Revenues for the health system climbed 4.1% to $10.7 billion, compared with the same period a year ago.
By Meg Bryant • Oct. 20, 2017 -
Some hospitals are finding a new funding source in nursing homes
Hospitals can get more Medicaid funding per nursing home resident by owning or leasing the facility, according to Kaiser Health News.
By Les Masterson • Oct. 18, 2017 -
Anthem building large health IT hub in Atlanta
The 21-story facility will support about 3,000 IT professionals.
By Meg Bryant • Oct. 17, 2017 -
MA, Optum customers contribute to UnitedHealth's strong Q3
The company during an earnings call showed interest in the recent executive order allowing for association health plans and extending short-term plans.
By Les Masterson • Oct. 17, 2017 -
Next Generation ACOs show positive results
Accountable care organizations in the Next Generation program take on more financial risk than other programs, but can see a bigger payoff from savings created through improvements in care.
By Les Masterson • Oct. 17, 2017 -
M&A doesn't always improve hospital margins
A new study found that operating revenue often drops faster than operating expenses after a hospital merger.
By Les Masterson • Oct. 16, 2017
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