Finances: Page 95
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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 -
Montgomery County Planning Commission
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 -
Report: Physician assistants' salaries average more than $100K
Physician assistants in specialties like dermatology, emergency medicine and critical care medicine command the highest salaries, the National Commission on Certification of Physician Assistants reported.
By Meg Bryant • April 25, 2017 -
Medical supply company C.R. Bard to be acquired for $24B
Becton Dickinson believes the purchase could bring the company $1 billion in added revenues and strengthen its position in the infection prevention market.
By Meg Bryant • April 25, 2017 -
Wake Forest Baptist to transfer billing services to nThrive, affecting up to 650 jobs
The move will allow the integrated health system to focus more resources on clinical, academic and innovation efforts.
By Meg Bryant • April 21, 2017 -
Deep Dive
Q&A: How Sansoro Health can enable the exchange of health data in real-time
The EMR data integration startup puts a "great deal of time and effort" into ensuring that its software "installs very quickly and requires very little maintenance," said co-founder and CEO Jeremy Pierotti.
By Meg Bryant • April 20, 2017 -
Adeptus embarks on bankruptcy comeback, reaps $45M from hedge fund partnership
Deerfield Management acquired $212.7 million in debt from the freestanding ER company earlier this month.
By Ana Mulero • April 20, 2017 -
Cardinal Health drops $6.1B for Medtronic product lines
The deal adds 23 product categories to Cardinal’s portfolio, including well-known brands used in most U.S. hospitals.
By Meg Bryant • April 19, 2017 -
Health IT funding robust in 2017 Q1
Total venture capital funding for digital health reached $1.6 billion across 165 deals, a new Mercom report says.
By Meg Bryant • April 18, 2017 -
Elizabeth Regan/Healthcare Dive
HCA revenue flat, net income down in 2017 Q1
The hospital chain attributed the lackluster results to “changes in payer mix.”
By Meg Bryant • April 18, 2017
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