NYC Health and Hospitals sees operating loss soar

NYC Health and Hospitals sees operating loss soar

By Melanie Evans  |  November 26, 2015

NYC Health and Hospitals' operating loss leaped to $263.6 million during the first quarter of its fiscal year as patient revenue declined and operating expenses edged upwards.

Hochman to lead new parent of Providence and St. Joseph Health

Hochman to lead new parent of Providence and St. Joseph Health

By Adam Rubenfire  |  November 25, 2015

Catholic providers Providence Health & Services and St. Joseph Health System have moved closer to creating a new, single organization that will operate 43 hospitals in six states. The new parent organization will be led by current Providence CEO Dr. Rod Hochman.

Data Points

November 25, 2015

What percentage of veterans are opposed to privatizing Veterans Affairs hospitals? Get the answer and find out other key healthcare stats in the news.

Virginia hospitals improve finances, lose bargaining chip for Medicaid expansion

By Virgil Dickson  |  November 25, 2015

Hospitals in Virginia have lost major ammunition in their push to expand Medicaid. In September they launched a campaign to highlight their influence on the state economy and the need for legislative relief for their financial struggles. But new data suggest fewer are struggling.

Blog: ACP urges docs to prescribe more generics

Blog: ACP urges docs to prescribe more generics

By Nia Williams  |  November 25, 2015

Doctors often prescribe expensive brand-name drugs even when generics would be cheaper and just as effective. Physicians should instead prescribe generics whenever possible, the American College of Physicians recommended this week.

Orlando Health sees rise in annual surplus despite fourth-quarter setback

By Katherine Davis  |  November 25, 2015

A spike in earnings from Medicaid patient visits did little to soften the blow to Orlando Health's operating margin in its fourth quarter, which was down 85% from the year-ago. The Orlando, Fla.-based not-for-profit saw its operating margin for the entire year rise slightly to 7.7%.

Prices for dermatologic drugs surge

By Steven Ross Johnson  |  November 25, 2015

The retail prices of 19 brand-name prescription dermatology medications have increased an average of more than 400% over the past six years, according to a study. Those findings are sure to add support to the growing public discord over the rising cost of drugs.

Texas Health continues to see expenses outpace revenue growth

By Beth Kutscher  |  November 25, 2015

Texas Health Resources continued to see higher patient volume through the third quarter of 2015, but faced financial challenges from higher expenses, investment losses and changes to the state's Medicaid waiver program.

Molina Healthcare buys Henry Ford's Medicaid plan

By Bob Herman  |  November 25, 2015

Molina Healthcare is buying the Medicaid assets of one of Henry Ford Health System's health plans. That news comes a week after the state denied Henry Ford's appeal of new Medicaid contracts.

Federal exchange enrollment tops 1.6 million, most return customers

By Bob Herman  |  November 25, 2015

More than 1.6 million people have selected a health plan through in the first three weeks of the current open-enrollment period, according to the latest federal data released Wednesday. But newcomers still represent a minority of those signups.

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