Finances: Page 96
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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 -
Survey: Uncertainty about ACA future prevalent in healthcare industry
Nearly half of healthcare executives expect the ACA will be repaired rather than repealed and replaced, according to an annual survey by Venrock.
By Meg Bryant • April 17, 2017 -
Quorum Health posts 2016 losses, plans to divest six more hospitals
The Brentwood, Tenn.-based health system spun off of Community Health Systems in April 2016.
By Les Masterson • April 14, 2017 -
Deep Dive
Why the threatened AHRQ is vital to the hospital industry
The Agency for Healthcare Research and Quality’s budget is less than 1% of everything spent on health research and just 0.016% of all spending on healthcare. But Trump's proposed budget would do away with it.
By Meg Bryant • April 13, 2017 -
Healthcare CEOs see earnings spike — mostly
Universal Health Services Chairman and CEO Alan Miller earned more than $51.3 million in 2016, making him the highest-paid hospital industry CEO.
By Meg Bryant • April 11, 2017 -
Norton Healthcare sees 5% boost to revenues in 2016
The nonprofit health system and University of Louisville are teaming up to create a pediatric cancer treatment institute.
By Meg Bryant • April 11, 2017 -
Amino snags $25M in Series C funding round
The San Francisco-based startup’s database includes 9 billion insurance claims.
By Meg Bryant • April 7, 2017 -
Medtronic close to $6B sale of medical device business to Cardinal Health
Growing competition in the medical supply market could be driving Medtronic to pursue a sale of some of its assets.
By Luke Gale • April 7, 2017 -
Mississippi hospital axes neurosurgery to save money
Spring River Health System has cut salaries and scaled back on professional fees to turn losses from two years ago into a modest profit last year, but cuts are still on the table.
By Luke Gale • April 6, 2017 -
Digital health funding remains strong in 2017 Q1
Rock Health and StartUp Health both reported more than $1 billion in digital health deals, but differed somewhat on trends and details.
By Meg Bryant • April 5, 2017 -
Mount Sinai bucks trend with 52% hike in operating income
The increase was attributed to the New York City-based medical center's 9.8% year-over-year increase in its patient revenue service.
By Ana Mulero • April 5, 2017 -
Rural hospitals face more uncertainty if ACA is repealed
Medicare and Medicaid account for 63% of rural hospitals’ volume.
By Meg Bryant • April 4, 2017 -
Recently resigned MD Anderson president takes $1M+ salary package as professor
MD Anderson Cancer Center had suffered hundreds of millions in operating losses during the 16-month tenure of Dr. Ronald DePinho.
By Luke Gale • April 1, 2017 -
Catholic Health Initiatives scraps 620 positions in Texas
The announcement from the beleaguered health system brings the total number of positions it has eliminated in Texas since August 2016 to 1,285.
By Luke Gale • April 1, 2017 -
CARB-X invests $48M into promising antibacterial solutions
Antibiotic-resistant bacteria kill about 23,000 people in the U.S. each year, according to the CDC.
By Meg Bryant • March 31, 2017 -
WalletHub physician study highlights improvement areas for states
Some of the worst states to practice medicine in are lacking the amount of healthcare professionals needed to meet the demand.
By Ana Mulero • March 29, 2017 -
Hospital stocks temper after rise spurred by AHCA demise
The number and utilization of hospitals in the U.S. has been decreasing little by little.
By Jeff Byers • March 29, 2017 -
Health plans a blight on profitable performance at Banner Health
Provider-sponsored health plans have become more popular in recent years, but they are generally not contributing to profitability.
By Luke Gale • March 28, 2017 -
Banner Health offers severance packages to employees amid restructuring
The company says it will offer a severance package to some employees in an attempt to save $65 million, following announcements about layoffs and restructuring.
By Luke Gale • March 26, 2017 -
Hospitals delaying projects amid ACA repeal uncertainty
Hospitals can’t predict how many patients will be insured in a post-ACA world or what type of health insurance coverage they will have.
By Meg Bryant • March 24, 2017 -
Baptist Healthcare shuttering outpatient behavioral health office amid wider restructuring
The news comes days after the nonprofit health system’s CEO abruptly stepped down.
By Meg Bryant • March 24, 2017 -
Surgery centers seeing lots of consolidation
Financial reports from the biggest surgery center chains show robust operating margins on strong revenues, according to an analysis by Axios.
By Meg Bryant • March 24, 2017 -
ACA repeal bill dies in House, GOP says it will move on
It’s a stunning turnabout for Republicans who have campaigned for seven years on repealing and replacing the ACA and a major blow for President Donald Trump and House Speaker Paul Ryan.
By Shannon Muchmore • March 24, 2017 -
Moody's hits Catholic Health Initiatives with yet another ratings downgrade
The nonprofit operator of 104 hospitals continues to post losses due to poor operating performance.
By Luke Gale • March 23, 2017 -
Medtronic prices $2 billion in senior notes
Net proceeds from three offerings will be used for general corporate purposes.
By Meg Bryant • March 23, 2017