Finances: Page 99


  • 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 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 Feb. 7, 2017
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    Fotolia
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    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
  • TeamHealth to pay $60M to resolve fraudulent billing allegations

    The settlement comes on the same day that private equity firm Blackstone Group completed its $6.1 billion acquisition of the major hospital service provider. 

    By Feb. 7, 2017
  • Cigna adds to insurers' ACA concerns, reports $39.7B in 2016

    CEO David Cordani said the ACA's individual market is "fragile at best."

    By Feb. 3, 2017
  • MD Anderson losses approach $170M through first months of FY17

    After eliminating 1,000 positions last month, the cancer center is hopeful it can improve its financial health.

    By Luke Gale • Feb. 3, 2017
  • CMS proposes Medicare Advantage 0.25% payment hike for 2018

    MA enrollment from 2015 to 2016 increased by 5%, according to the Kaiser Family Foundation.

    By Feb. 2, 2017
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    Deep Dive

    Telemedicine, big data among those leading the race for health IT's billions

    Investors poured more than $8 billion into digital health startups last year – a trend that is expected to continue this year.

    By Feb. 2, 2017
  • Bloomberg: Medtronic prepping for sale of medical supplies unit

    A lot of legacy devices acquired when the medical technology company bought Covidien in 2014 could be up for sale, knowledgeable sources told Bloomberg. 

    By Feb. 2, 2017
  • Study: Scopes often remain contaminated after standard cleaning methods

    Of the 20 gastroscopes and colonoscopes manufactured by Olympus examined for a study published in the American Journal of Infection Control, 12 tested positive for bacterial growth.

    By Kathleen Gilbert • Feb. 1, 2017
  • Senate committee approves Tom Price without Democrats

    Democrats' attempt to buy time by boycotting the markup scheduled for Tuesday has failed.  

    By , Kathleen Gilbert • Feb. 1, 2017
  • Fitbit to lay off 6% of its staff after disappointing Q4 results

    A "softer-than-expected holiday demand for trackers" caused the slowdown, founder and CEO James Park said.

    By Feb. 1, 2017
  • HCA profit hits $920M in Q4 thanks in part to patient volume

    While other health systems operating large networks of hospitals struggle with debt and declines in patient volume, HCA Healthcare boasts strong financial performance.

    By Luke Gale • Feb. 1, 2017
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    AHA: Mergers lead to cost savings, quality improvements

    In 2016, hospital M&A activity decreased 12.7% compared to the previous year, according to PricewaterhouseCoopers. 

    By Jan. 26, 2017
  • Insurers proposing ideas for Obamacare replacement

    Companies are making a case to Republicans to preserve some aspects of the ACA, but the devil is in the details.

    By Kathleen Gilbert • Jan. 26, 2017
  • $54B Anthem-Cigna deal could be blocked

    Anthem is extending the deadline for completion of its merger agreement with Cigna, which is considering its options.

    By Kathleen Gilbert • Jan. 23, 2017
  • Hospitalizations due to birth defects cost $22.9B, study finds

    Major birth defects in the U.S. are responsible for a disproportionate amount of hospitalization costs, and they’re likely to increase.

    By Kathleen Gilbert • Jan. 23, 2017
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    CHS loses another top official, settles investor lawsuit

    The hospital giant has been selling off hospitals and assets to bring down debt.

    By Jan. 20, 2017
  • CMS reins in pass-through payments

    Safety-net hospitals, clinics and physicians will be looking for new income streams to replace billions in payments that are being phased out.

    By Kathleen Gilbert • Jan. 19, 2017
  • McKesson settles alleged CSA violations for record $150M

    The Fortune 500 healthcare services and IT company must hire an independent monitor to assess compliance with controlled substances regulations as part of the settlement.

    By Jan. 19, 2017
  • Healthcare IT reels in $5B with 2016 funding

    A new report from Mercom Capital Group shows venture capital funding thrived last year, while M&A deals decreased slightly.

    By Jan. 19, 2017
  • UnitedHealth Group ends 2016 on a high note amid ACA uncertainty

    The company posted more than $13 billion in operating earnings – a performance driven largely by its pharmacy benefits management and technology services lines of business. 

    By Luke Gale • Jan. 18, 2017
  • CBO: 18M would lose coverage, premiums would rise first year after Obamacare repeal

    The report used HR 3762 to estimate how an ACA repeal could affect health insurance coverage.

    By Jan. 17, 2017
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    Uncompensated hospital costs reach new low

    The ACA has helped hospitals by reducing the burden of uncompensated care, but all bets are off if it is repealed without a replacement.

    By Kathleen Gilbert • Jan. 15, 2017
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    Banner Health snaps up Tucson-based Sunlife Home Health

    The deal comes as CMS updated its requirements for home health providers.

    By Jan. 13, 2017