Finances: Page 99
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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 -
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 Ana Mulero • 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 Meg Bryant • 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 Ana Mulero • Feb. 2, 2017 -
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 Meg Bryant • 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 Meg Bryant • 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 Ana Mulero , 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 Meg Bryant • 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 -
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 Ana Mulero • 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 -
CHS loses another top official, settles investor lawsuit
The hospital giant has been selling off hospitals and assets to bring down debt.
By Meg Bryant • 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 Meg Bryant • 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 Meg Bryant • 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 Ana Mulero • Jan. 17, 2017 -
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 -
Banner Health snaps up Tucson-based Sunlife Home Health
The deal comes as CMS updated its requirements for home health providers.
By Meg Bryant • Jan. 13, 2017