Finances: Page 91
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Norton Healthcare reports 23% operating income drop
The Louisville-based company said the loss was because of a lower patient service margin.
By Les Masterson • Aug. 14, 2017 -
NantHealth cutting 300 jobs
NantHealth said a sale to AllScripts, staff cuts and consolidation will save the company $70 million annually.
By Les Masterson • Aug. 13, 2017 -
Investors sue Envision Healthcare after surprise billing reports
The investors said company “revenues were likely to be unsustainable” after a New York Times article reported hospitals that hired the company saw more out-of-network emergency room bills and high-paying medical codes.
By Les Masterson • Aug. 13, 2017 -
Quorum Health ends Q2 with flat sales, continued drop in net loss
The health system plans to divest more hospitals this year, CEO Thomas D. Miller said in a second quarter earnings call.
By Meg Bryant • Aug. 11, 2017 -
Major expansion of Cincinnati Children's Hospital Medical Center approved
The decision came after the medical center’s CEO rejected a request to give the city another $14 million that would have been reinvested back into the neighborhood.
By Les Masterson • Aug. 10, 2017 -
CVS expanding MinuteClinic chronic disease programs
The company is enlarging its diabetes care management program and wants to add programs to manage asthma, hypertension, high cholesterol and depression over the next two years.
By Les Masterson • Aug. 9, 2017 -
Kaiser posts $772M operating income for Q2
Membership in the system’s health plan reached 11.7 million, up 1.1 million since the start of the year.
By Meg Bryant • Aug. 8, 2017 -
JAMA: Ignoring 'social risk' can underpay doctors for at-risk populations
The study looked at the Massachusetts Medicaid program's social determinants of health payment model.
By Les Masterson • Aug. 8, 2017 -
Appeals court rules against former Medi-Cal payment cuts
The court ruled the federal government shouldn't have approved the 10% cut in 2008 without evidence it wouldn't affect access to care for members of the state Medicaid program.
By Les Masterson • Aug. 8, 2017 -
Healthcare leaders challenging Anthem's ED policy in Missouri
The payer recently announced it will no longer cover what it views to be unnecessary ED services in Missouri.
By Les Masterson • Aug. 8, 2017 -
Cigna latest major payer to post strong Q2
The insurer raised its 2017 earnings forecast from between $9.35 and $9.85 to between $9.75 and $10.05 per share.
By Les Masterson • Aug. 7, 2017 -
Evergreen Health goes into receivership
The court order follows the collapse of a plan to switch the insurance co-op to for-profit status
By Meg Bryant • Aug. 4, 2017 -
Montgomery County Planning Commission
Aetna raises outlook with Q2 earnings release
The payer's earnings report is the latest in a series of strong second-quarter results for large insurers.
By Les Masterson • Aug. 4, 2017 -
Study: Value-based programs may harm practices that 'disproportionately serve high-risk patients'
The study isn't the first to show value-based programs as a mixed bag.
By Les Masterson • Aug. 4, 2017 -
Brigham and Women's may extend buyout offer
About 45% of the 1,600 employees offered a buyout in April have applied.
By Jeff Byers , Shannon Muchmore • Aug. 2, 2017 -
Humana beats Q2 earnings predictions thanks to Medicare Advantage
Despite beating its estimates, Humana’s revenue fell in the second quarter.
By Les Masterson • Aug. 2, 2017 -
CMS gives SNFs, inpatient rehab facilities payment boost
A new rule also removed certain claims data requirements for rehab facilities.
By Les Masterson • Aug. 1, 2017 -
Cerner bookings hit record high in 2nd quarter
The EHR vendor reported U.S. revenue of $1.3 billion and net earnings of $179.7 million.
By Meg Bryant • Aug. 1, 2017 -
West Virginia health system to lay off 300 employees
Charleston Area Medical Center also plans to close or realign several programs.
By Meg Bryant • July 28, 2017 -
Evergreen Health in tailspin after purchase group backs out
Just last month, Maryland’s insurance regulator gave the co-op the green light to move to for-profit status.
By Meg Bryant • July 28, 2017 -
RWJBarnabas Health, Rutgers University partner to form healthcare system
The partnership would create New Jersey’s largest academic healthcare system.
By Les Masterson • July 28, 2017 -
Circulation snags $10.5M to expand NEMT services
Humana, Intermountain Healthcare and Boston Children’s Hospital joined in the Series A financing round.
By Meg Bryant • July 27, 2017 -
CHS expects $131M operating loss in Q2
In a reversal of past statements, the company said it is considering further divestitures after the completion of the sale of 30 hospitals.
By Les Masterson • July 27, 2017 -
Deep Dive
Don't let the name fool you, ACA 'skinny' repeal has major consequences
A scaled-down version of ACA repeal is the latest GOP healthcare proposal, but it may just be a vehicle for returning to earlier, more conservative legislation.
By Shannon Muchmore • July 27, 2017 -
Healthcare deal volume may be down, but megadeals and value rose in Q2
PwC Deal Insights found there were 10 megadeals in health services in the second quarter valued at a total of $43.3 billion.
By Les Masterson • July 26, 2017
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