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Magazine
Good Medicare news may not be good enough
By Melanie Evans | July 26, 2014 | Print Magazine Print Magazine Subscription Details
Policymakers will be watching for a repeat of last year's good news when the Medicare trustees release their annual report to Congress on July 28.
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Magazine
Tufts reports improved margin in third quarter
By Beth Kutscher | July 26, 2014 | Print Magazine Print Magazine Subscription Details
Tufts Medical Center in Boston improved its financial performance in the third quarter of its fiscal year thanks to higher outpatient volume and tightly managing its expenses.
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News
Margin squeeze, legal expenses lead to lower Covidien earnings
By Jaimy Lee | July 25, 2014 | Basic Web Basic Web Subscription Details
Covidien, the Dublin-based surgical and medical-device supplier, reported that sales increased by 4% in the third quarter, but profits fell by 22%.
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News
Magellan's poor Q2 triggered by contract loss
By Bob Herman | July 25, 2014 | Basic Web Basic Web Subscription Details
Shares of Magellan Health, formerly Magellan Health Services, tumbled considerably in morning trading after the Avon, Conn.-based healthcare management company reported lower-than-expected earnings and revenue, the result in part of a major contract loss in Arizona.
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News
Sentara's first half benefits from transactions, more heart surgeries
By Bob Herman | July 25, 2014 | Basic Web Basic Web Subscription Details
Sentara Healthcare, Norfolk, Va., reported a higher operating surplus and total revenue in the six months ended June 30 as the system started to reap rewards from two recent transactions and higher volumes in two service lines.
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News
Cerner's rising profits and bookings boost outlook
By Rachel Landen | July 24, 2014 | Basic Web Basic Web Subscription Details
Cerner Corp. continues to benefit as hospitals and physician practices face increasing pressure to integrate information technology into healthcare delivery and the measurement of its quality and costs.
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News
UHS reports flat profit but cheers admissions gains, low bad debt
By Bob Herman | July 24, 2014 | Basic Web Basic Web Subscription Details
Insurance gains under the healthcare reform law fueled a massive jump in Universal Health Services' second-quarter revenue, but rising expenses wiped away potentially large profit gains.
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News
Conemaugh patient volume falls short of projections as cost-cutting boosts margins
By Beth Kutscher | July 24, 2014 | Basic Web Basic Web Subscription Details
Conemaugh Health System, a three-hospital group that is being taken over by Duke LifePoint, reported a 1.5% operating margin for fiscal 2014, ahead of expectations, on the strength of its hospital division.
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News
Going public has its price for IMS, prompting Q2 loss of $220 million
By Rachel Landen | July 24, 2014 | Basic Web Basic Web Subscription Details
Several one-time charges for IMS Health Holdings left the company with a $220 million second-quarter net loss despite a boost to revenue driven by double-digit growth in technology services.
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News
Boston Scientific earnings socked by litigation, acquisition charges
By John N. Frank and Jaimy Lee | July 24, 2014 | Basic Web Basic Web Subscription Details
Boston Scientific Corp. reported second-quarter net income of only $4 million because of several charges related to acquisitions and divestitures, along with litigation and restructuring charges, but pointed to a 4% jump in revenue as a positive development for the medical-device maker. Without the...
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