Finances: Page
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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 -
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