Author's posts
HCA posts strong revenue, earnings in Q3
HCA Healthcare grew its revenue more than 7% year-over-year during the third quarter of 2018, and the hospital chain marked its eighteenth consecutive month of same-facility admissions growth.
AMA invests $15 million to improve physician residency training
The American Medical Association will invest $15 million over the next five years to transform medical education. The initiative will focus on improving the transition from medical school to residency training programs
Insurer WellCare grows third-quarter revenue after Meridian deal
WellCare Health Plans posted higher revenue and added more members in the third quarter of 2018 after closing a deal to buy for-profit insurer Meridian Health Plan last month.
Idaho’s GOP governor endorses Medicaid expansion
Idaho’s outgoing Republican governor has thrown his support behind the ballot initiative to expand Medicaid. His public support is the latest sign of an opinion shift favoring expansion in GOP-led states.
Aetna’s revenue, net income boosted by more Medicare members
Health insurer Aetna recorded higher revenue and net income in the third quarter of 2018 after adding more Medicare Advantage members.
Alternative pay models shouldn’t set off kickback fears, hospitals say
Hospitals called on HHS to relax anti-kickback rules that could affect alternative pay models, saying payments between providers in the models shouldn’t violate the regulations.
CHS’ stocks plummet on Q3 earnings report
Community Health Systems’ net operating revenue was down 6% year over year in the third quarter of 2018 as the company continues its hospital divestiture campaign, triggering a plunge in share value.
Summa Health names Dr. Cliff Deveny president and CEO
Deveny has been instrumental in guiding a financial and cultural turnaround of the health system, which had struggled following a tumultuous start to 2017.
Healthcare credit ratings dip amid M&A binge
Healthcare companies’ credit ratings are suffering as they take on debt to fund mergers and acquisitions, which can cut off access to capital, according to a new report.
As it scopes out its post-merger identity, Amita looks beyond hospitals
The historically hospital-centric system is weighing preventive, outpatient and virtual care—and a consolidation of two legacy hospitals.
