The new health system-led generic-drug company sent a shockwave through the healthcare industry, but experts warned that it would take plenty of time and capital to ultimately lower drug prices and mitigate shortages.
As four not-for-profit health systems unveiled plans to create their own generic-drug company, experts say they'll face an uphill battle to make a significant dent in rising drug prices and shortages.
Reporters Tara Bannow and Shelby Livingston offer observations from Day 2 of the J.P. Morgan Healthcare Conference.
Anthem's CEO Gail Boudreaux, FDA Commissioner Dr. Scott Gottlieb and Optum CEO Larry Renfro are among top healthcare leaders who are likely to have a large impact on the industry in 2018.
St. Louis-based Ascension appointed Karen Springer as president of the not-for-profit system's healthcare operations, effective Jan. 1. Tim Adams will become the new senior vice president of Ascension Healthcare.
Ascension Health and Providence St. Joseph Health are in talks to merge and create the nation's largest hospital chain, the Wall Street Journal reported on Sunday.
Ascension will expand its rebranding efforts to six more markets as it looks to unify all of its facilities under one name to help patients navigate care and establish a consistent culture, executives said Tuesday.
Consumerism is changing marketing in healthcare by putting the focus on individuals.
A $1.4 billion investment gain covered a 2017 decline in operating income largely caused by Ascension's more generous charity policies.
Gayle Trupiano will become President and CEO of Ascension Living, a division of St. Louis-based Ascension that offers long-term care for seniors at 37 facilities across 10 states and the District of Columbia.
Missing turnaround goals can pose problems for acquisition targets, and Chicago-based Presence Health is now $13 million behind where it wants to be financially.
Ascension can count on little regulatory resistance to its acquisition of Presence Health because it is structuring the deal like a previous joint venture in Chicago.