Ascension CEO Anthony Tersigni shrugs off pending and possible deals between large insurers. The system, he says, is preparing to take on risk itself for self-insured employers.
Ascension intends to sell two of its Pacific Northwest hospitals to for-profit Capella Healthcare.
Ascension intends to sell two Pacific Northwest hospitals to for-profit Capella Healthcare for undisclosed terms.
Hours after the Supreme Court delivered an opinion upholding ACA subsidies for millions of Americans, Ascension CEO Anthony Tersigni describes what it means for one of the largest not-for-profit healthcare organizations in the U.S. He spoke with Modern Healthcare Editor Merrill Goozner.
The Affordable Care Act is accomplishing its goal of extending affordable healthcare coverage to the uninsured as well as making coverage more secure for those who have insurance. This country cannot afford to go backward now.
Hospitals and investors are banking on the U.S. Supreme Court or the states to save premium subsidies that have made health insurance affordable for 6.4 million people in 34 states. But the stocks of publicly traded hospital companies could take a big hit if that doesn't happen.
One of the nation's largest health systems will for the first time set a systemwide minimum wage of $11 an hour.
One of the nation's largest health systems, Ascension Health, will set a system-wide minimum wage of $11 an hour. The healthcare industry employed 2.8 million workers last year who earned the federal minimum wage of $7.25 an hour or less.
New York Attorney General Eric Schneiderman says his office will train state hospitals on ensuring equal access to care for transgender individuals.
Ascension's surplus dropped nearly 40% in its most recent quarter as investment returns fell significantly from a year ago, even though returns on its portfolio are beginning to stabilize.
More Medicaid patients, even at low reimbursement rates, delivered a financial boost to Ascension Health hospitals in states that expanded their Medicaid programs. It's an increase that wasn't seen in the system's non-expansion states.
HCA once again leveraged its sheer size and organic growth strategy to maintain its position as the largest for-profit hospital chain in the country, according to Modern Healthcare's latest By the Numbers list.