Category: Modern Healthcare

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 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.

Health insurer Aetna recorded higher revenue and net income in the third quarter of 2018 after adding more Medicare Advantage members.

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.

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.

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 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.

The historically hospital-centric system is weighing preventive, outpatient and virtual care—and a consolidation of two legacy hospitals.

LifePoint Health’s shareholders voted Monday to approve the proposed sale of the investor-owned hospital operator to affiliates of Apollo Global Management. LifePoint expects the deal to close by year-end.

As the opioid epidemic claims the lives of tens of thousands of Americans every year, Cleveland’s MetroHealth has been fortifying its battle against the crisis, accelerating its work within the past couple of years.