Finances: Page 92
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Venture fund targets type 1 diabetes
More than 100 million U.S. adults are living with diabetes or prediabetes, according to new CDC statistics.
By Meg Bryant • July 20, 2017 -
Cerner's Genesis goes live at second DOD site as Senate passes VA funding bill
Cerner has hired a VA technology expert to assist with the agency’s IT systems overhaul.
By Meg Bryant • July 19, 2017 -
Large health systems pursuing more M&A deals in 2017, study finds
There were six transactions of health systems with nearly $1 billion or more in revenues announced during the first half of the year.
By Les Masterson • July 19, 2017 -
Bon Secours Health System reports 29% operating income drop
The hospital system also reported a 2% increase in outpatient visits.
By Les Masterson • July 19, 2017 -
UnitedHealth announces strong Q2 numbers
The company’s Optum business saw its earnings increase 21% in the quarter.
By Les Masterson • July 18, 2017 -
Deep Dive
The BCRA is dead, but don't take your eye off Capitol Hill
The healthcare industry may have dodged a bullet, but this week’s legislative stumbles for the GOP don’t mean healthcare is off the table for Congress. Here's what to watch.
By Shannon Muchmore • July 18, 2017 -
UPDATE: BCRA, repeal-and-delay plans both dead for now
The GOP won’t easily give up its best chance to repeal the ACA since the law was enacted, but options are dwindling.
By Shannon Muchmore • July 18, 2017 -
Lawmakers prod CMS to collect Meaningful Use overpayments
A recent HHS Inspector General’s investigation found CMS paid more than $700 million to healthcare professionals who did not meet the program's requirements.
By Meg Bryant • July 18, 2017 -
Politico: Nonprofit hospitals cut back community spending despite revenue increases
The top seven hospitals had a combined revenue increase of 15% over two years after the ACA’s coverage expansions, but their charity care spending went down 35%.
By Shannon Muchmore • July 17, 2017 -
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