Finances: Page
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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Rural hospitals face more uncertainty if ACA is repealed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 -
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
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