Maurice Smith has been promoted to president of Blue Cross and Blue Shield of Illinois. Smith, 43, previously served as senior VP of treasury, business development and subsidiary management at the Chicago-based Health Care Service Corp., which owns the Blues affiliate.
HCA, the Nashville-based hospital giant, disclosed a False Claims Act lawsuit alleging the company subjected patients to medically unnecessary, invasive and costly cardiovascular procedures. The U.S. Justice Department declined to join the suit.
Geisinger Health System, the six-hospital group that also has health plan operations, maintained its operating margin in the first six months of fiscal 2015 as acquisitions added revenue but also increased costs.
Hospitals in states that have expanded Medicaid are seeing a sharp drop in charity care and an increase in admissions. But hospitals in general are seeing higher-acuity patients and losing out to lower-cost providers for less-complex care.
U.S. health spending in the last quarter of 2014 grew only 3.9%, a tenth of a percentage point lower than the federal government's initial estimate from January.
Dignity Health is preparing to apply for a California health insurance license that will allow the San Francisco-based health system to accept the full financial risk for patients' medical care.
HMS Holdings Corp. hit the red ink in the fourth quarter thanks to the lingering standstill in Medicare's recovery audit program, but growing Medicaid contracts offered the company some relief.
A leading House Republican claimed Thursday that he's been told of a 100-page document showing the Obama administration is preparing contingency plans in case the Supreme Court invalidates subsidies that help millions of Americans afford healthcare coverage.
The merger of University of Arizona Health Network and Banner Health Friday highlights the stark challenges that academic medical centers face in the new economics of healthcare.
Universal Health Services reported a 38.8% increase in its net income in the fourth quarter as its acute-care and behavioral health hospitals saw increases in volume.
The Federal Communications Commission embraced broad net neutrality rules in a 3-2 vote Thursday that ensures health technology startups and telehealth companies won't face higher costs for Internet fast lanes.
Hospital leaders are working to head off any momentum in Congress toward overhauling Medicare rates to pay hospitals the same for outpatient services as the program pays for the same services in physician offices.