Finances: Page 92
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Physician group wants to buy CHS' Lutheran Health Network
Medical professionals at Lutheran Hospital voted unanimously to support selling the hospital because they have "no confidence" in CHS.
By Les Masterson • May 20, 2017 -
KentuckyOne Health CEO's resignation latest in trend among pressured providers
Many individuals in top positions at health systems across the country have stepped down this year amid challenging financials.
By Jeff Byers • May 19, 2017 -
Deep Dive
Why digital health M&A could just be warming up
“Digital health is going to be one of the most active healthcare sectors for the foreseeable future,” PwC’s Dan Farrell said.
By Meg Bryant • May 18, 2017 -
Moody's sees softening of nonprofit hospital market
Margins declined from 2015 levels, following two years of strengthening.
By Les Masterson • May 17, 2017 -
Harken Health shuts down after a year of cuts, losses
UnitedHealth started the company in 2015 to test an integrated model that offered primary care visits, mental health counseling and other services with no copays.
By Les Masterson • May 16, 2017 -
Kaiser Permanente announces $1B operating gain in Q1
The California health system had a 5.5% operating margin, which was an improvement from 4.3% in the first quarter of 2016.
By Les Masterson • May 16, 2017 -
Survey: Value-based care shift is C-suite leaders' top strategic concern
A majority of surveyed U.S. healthcare executives don't think the Trump administration will slow down the move to value-based care.
By Meg Bryant • May 16, 2017 -
Report: Today's uncertain healthcare climate demands flexible real estate approach
“Healthcare executives recognize they can’t sit still waiting for healthcare reform and reimbursement models to sort themselves out,” said JLL Corporate Solutions’ Peter Bulgarelli.
By Meg Bryant • May 16, 2017 -
KentuckyOne Health plans to sell Jewish Hospital, other provider practices
CEO Ruth Brinkley pointed to “great change and great uncertainty in the healthcare industry" for the decision.
By Les Masterson • May 13, 2017 -
Geisinger, Highmark announce joint venture
The companies plan on building a new medical campus in rural Montoursville, Pennsylvania with the aim of improving population health.
By Meg Bryant • May 12, 2017 -
Optum sees path to Mass. market with Reliant purchase
Reliant officials said in a release that aligning with Optum would allow the medical group to expand and grow, modernize clinical facilities, attract top medical talent and access advanced data analytics.
By Meg Bryant • May 12, 2017 -
Kaiser Permanente raises $4.4B in bond offerings
The company plans to use the funds to expand its technology and capacity, having increased recently to more than 11 million members.
By Les Masterson • May 11, 2017 -
Aetna will not participate in ACA exchanges at all next year
The insurer said it is pulling out because of financial losses, adding that its individual commercial products lost nearly $700 million between 2014 and 2016 and could lose another $200 million this year.
By Shannon Muchmore • May 11, 2017 -
Worldwide healthcare analytics market on track for $24B in 2021
Major growth opportunities for data analytics lie in precision medicine and patient registries, among others.
By Meg Bryant • May 9, 2017 -
Teladoc beats expectation with Q1 earnings increase of 60%
The telemedicine company also reported increases in total membership and visits.
By Shannon Muchmore • May 9, 2017 -
Doctors in NH, WY and MN make the most money
Also last week, the Bureau of Labor Statistics reported that healthcare picked up 20,000 more jobs in April, which is below the 32,000 average per month in 2016.
By Les Masterson • May 8, 2017 -
NYC Health + Hospitals aims to improve revenue cycle with Epic technology
The Epic revenue cycle product is expected to help the health system capture an additional 5% annually (up to $142 million) of adjusted patient revenue.
By Les Masterson • May 6, 2017 -
KU Health System gets green light to buy troubled Topeka hospital
The University of Kansas Health System and Ardent Health Services will form a joint venture to buy and operate SCL Health's 378-bed St. Francis Health.
By Meg Bryant • May 5, 2017 -
Olympus snaps up Image Stream Medical for $87M
Image Stream makes video equipment and system integration solutions for operating rooms.
By Meg Bryant • May 3, 2017 -
CHS completes sale of 9 hospitals
The Franklin, TN-based hospital company has been struggling to shed about $15 billion in debt.
By Meg Bryant • May 2, 2017 -
Declining physician visits, payments contribute to disappointing athenahealth Q1
The company had a net loss of $1.4 million for the year's first quarter. Stocks went down 19.4% by close of business Friday.
By Meg Bryant • May 2, 2017 -
Deep Dive
Why Anthem and Cigna can't convince judges they should merge
The $54 billion deal to create the largest health insurance company in the country is still on because, although Cigna has been at best a reluctant participant for months, Anthem won’t give up.
By Ana Mulero • May 2, 2017 -
CHS, Tenet both divesting assets
CHS is divesting a total of 11 additional hospitals and Tenet is selling three of its acute care hospitals to HCA Healthcare.
By Ana Mulero • May 1, 2017 -
Brigham and Women's to trim 1,600 jobs
The hospital cited lower reimbursement rates in offering voluntary buyouts for workers 60 or older.
By Meg Bryant • April 28, 2017 -
Kaiser Permanente, other heavy hitters call for value-based healthcare model
Several key health leaders announced pilot programs beginning with a value-based plan to treat heart failure in the Atlanta area.
By Les Masterson • April 27, 2017