Finances: Page 97
-
Cleveland Clinic suffers 71% operating income drop
Hospitals around the country have pointed to rising expenses and falling patient revenues as the main culprits behind decreasing operating incomes and, in some cases, significant losses.
By Luke Gale • March 23, 2017 -
Survey: Most patients aren't budgeting for out-of-pocket healthcare costs
High-deductible health plans are on the rise, but most patients would be pressed to cover associated out-of-pocket costs if required, according to a survey from Amino and Ipsos.
By Luke Gale • March 21, 2017 -
NYC Health + Hospitals loses $776M in first half of FY 2017
The municipal health system has banked on a $764 million EHR to help turn its financial situation around.
By Meg Bryant • March 17, 2017 -
AliveCor's AI-powered platform draws $30M from Omron, Mayo Clinic
The Mountain View, CA, startup plans to use the venture funding to speed innovations and expand the business.
By Meg Bryant • March 17, 2017 -
WSJ: Clover Health eyes $120M to join the unicorns
Investors have delivered serious amounts of cash to health insurance startups in recent years.
By Luke Gale • March 16, 2017 -
Quorum Health to sell 60-bed Alabama hospital
The CHS spin off is still engaging in "active discussions on further divestiture opportunities," according to Quorum President and CEO Thomas D. Miller.
By Ana Mulero • March 13, 2017 -
Doctors top Glassdoor's list of 25 highest paying jobs in America
Nurse practitioners made the highest paying jobs list for the first time this year.
By Meg Bryant • March 10, 2017 -
CHS to sell Alabama hospital in continued restructuring
The Anniston, AL hospital is one of 25 CHS plans to divest from this year.
By Meg Bryant • March 7, 2017 -
Study: Telehealth use could drive up costs
Average annual spending on acute respiratory illness rose $45 per telehealth user largely due to new utilization, RAND researchers concluded in a new study published in Health Affairs.
By Meg Bryant • March 7, 2017 -
Mayo Clinic's Medicaid costs and workforce growth undercut 2016 profits
Donations to the Minnesota-based system totaled $296 million in 2016, up from $277 million a year earlier.
By Meg Bryant • Feb. 28, 2017 -
Mayo Clinic plans $70M upgrades
The plans indicate that healthcare organizations are willing to forge ahead with capital projects despite uncertainty around healthcare reform.
By Luke Gale • Feb. 27, 2017 -
GE Healthcare to bring hundreds of jobs to Chicago
Moving the company's Barrington facility to Chicago aims for stronger cross-company collaboration and innovation.
By Meg Bryant • Feb. 24, 2017 -
Aetna and Humana adjust their capital after failed merger
One payer has sold $73.8 million in shares, while the other has repurchased shares amounting to $3.3 billion.
By Ana Mulero • Feb. 23, 2017 -
Louisiana health system to close 14 clinics
Clinician reimbursement cuts and shrinking inpatient volumes have taken a toll on the financial stability of rural hospitals in the U.S.
By Meg Bryant • Feb. 21, 2017 -
CMS doles out $20M to aid small practice MACRA preparation
Altarum, Georgia Medical Care Foundation, HealthCentric and Health Services Advisory Group are among the organizations receiving funds in 2017.
By Luke Gale • Feb. 20, 2017 -
CHS to sell 25 more hospitals after $1.7B loss in 2016
The financially troubled hospital operator lost $22 million during the fourth quarter alone, according to its latest earnings report.
By Luke Gale • Feb. 20, 2017 -
Judge temporarily bars Cigna from dumping Anthem merger deal
A temporary injunction would preserve the deal’s current legal status, said Judge Travis Laster of the Delaware Court of Chancery.
By Meg Bryant • Feb. 17, 2017 -
CMS: Medical prices, aging population to speed up health spending growth
National health expenditures are projected to grow at a rate of 5.6% on average per year over the coming decade, according to new estimates from the Office of the Actuary at the CMS.
By Ana Mulero • Feb. 15, 2017 -
CMS drops rule aimed at stabilizing ACA market
Expanding pre-enrollment verification and shortening the open enrollment period in the individual market are among the changes to the ACA the federal government is proposing.
By Jeff Byers , Ana Mulero • Feb. 15, 2017 -
Humana to exit ACA exchanges
The health insurance company, which ended its plans to merge with Aetna on Tuesday, said it is "seeing further signs of an unbalanced risk pool."
By Ana Mulero • Feb. 15, 2017 -
Deep Dive
What Tom Price's confirmation to head HHS means for healthcare
Policy analysts expect the new secretary to use a market-oriented approach to healthcare reform rather than a regulatory-based one.
By Ana Mulero • Feb. 10, 2017 -
Here's how much hospital CEOs get paid per patient stay
Axios contributor Steven Brill found the top earner among notable hospitals was Greenwich Hospital CEO Norman G. Roth with $56.40 per patient stay.
By Ana Mulero • Feb. 8, 2017 -
Medtronic wins contract to provide telehealth services for veterans
The medtech giant relocated to Ireland two years ago in an effort to avoid high taxes on U.S. corporations.
By Meg Bryant • Feb. 8, 2017 -
Jawbone shifts focus from consumer wearables to clinical market
Companies in the wearables market, including Fitbit, have had a hard time lately keeping their financials healthy.
By Meg Bryant • Feb. 7, 2017 -
Centene's Q4 profits unscathed by looming ACA repeal
The health insurance company indicated it is prepared to weather any healthcare reform changes that might occur in the near future.
By Luke Gale • Feb. 7, 2017