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Ardent Health, LHP Hospital Group enter merger agreement

By Shelby Livingston  |  October 08, 2016

Nashville-based Ardent Health Services and Plano, Texas-based LHP Hospital Group last week announced they will merge into what would be the second-largest privately owned, for-profit hospital system in the country by revenue. The combined system would have 19 hospitals in six states and $3 billion...

CHS sells four rural hospitals in debt-reduction effort

CHS sells four rural hospitals in debt-reduction effort

By Dave Barkholz  |  September 29, 2016

Not-for-profit Curae Health is buying four CHS hospitals: Merit Health Gilmore Memorial in Amory, Miss., Merit Health Batesville in Miss., Merit Health Northwest Mississippi in Clarksdale, and Highlands Regional Medical Center in Sebring, Fla.

Ascension's giant footprint continues to expand

By Bob Herman  |  September 17, 2016

The system's $753 million operating surplus came from $21.9 billion in revenue in its most recent fiscal year, which ended June 30, resulting in a 3.4% operating margin, according to Ascension's financial documents filed with bondholders last week. The operating margin was almost identical to what...

DOJ requests additional information on McKesson-Change merger

By Adam Rubenfire  |  September 06, 2016

The Department of Justice has asked for additional information from drug distributor McKesson Corp. and tech firm Change Healthcare regarding the companies' proposed merger, both firms said Tuesday.

Cigna's Medicare problems won't be fixed by annual enrollment

By Bob Herman  |  September 06, 2016

Cigna has spent the past eight months attempting to resolve the major problems found in its Medicare Advantage plans, but the health insurer does not expect those issues will be rectified by the time Medicare beneficiaries participate in annual enrollment this autumn.

Growth in healthcare hiring slows in August

By Modern Healthcare  |  September 03, 2016

The sector added 14,400 jobs in August, much less than the average 39,000 jobs added every month for the past 12 months, according to preliminary figures from the Bureau of Labor Statistics.

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