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Ohio systems create statewide collaborative

By Melanie Evans  |  January 13, 2015

The Cleveland Clinic and five other Ohio health systems announced they will explore creating a statewide network under a newly formed company. They'll also work together to reduce operating expenses and identify effective practices they can share.

DePaul president named board chair at Ascension

DePaul president named board chair at Ascension

By Modern Healthcare  |  January 03, 2015

Rev. Dennis Holtschneider, 52, has been named board chairman for St. Louis-based Ascension, the nation's largest Catholic health system and the largest U.S. private not-for-profit health system.

Coverage expansion, low cost growth, continued reform battles highlight 2014

By Harris Meyer  |  December 20, 2014

Healthcare providers and insurers were busy implementing healthcare reform in 2014, millions of uninsured Americans gained coverage, and healthcare spending growth remained modest even as partisan warfare over the Patient Protection and Affordable Care Act continued in full force.

Hospitals split on ending aid to uninsured Obamacare-eligible

Hospitals split on ending aid to uninsured Obamacare-eligible

By Melanie Evans  |  December 06, 2014

Hospitals and health systems across the country are divided over whether to deny financial aid to uninsured patients who are eligible for subsidized health insurance under Obamacare but did not buy a plan.

Ascension Health sees Q1 net loss as investment returns slump

By Beth Kutscher  |  November 14, 2014

Ascension Health, the third-largest health system by revenue, reported an $87 million net loss in the first quarter of its fiscal 2015, ended Sept. 30, as it incurred $220 million in losses on its investments.

340B hospitals protest Genentech's cancer-drug distribution plan

By Jaimy Lee  |  October 23, 2014

A group of hospitals that participate in the federal 340B drug-discount program have joined the debate about Genentech's decision to distribute three of its most expensive and commonly used cancer drugs through specialty distributors rather than standard wholesalers.

Provider, pharmacy sector see lively quarter

Provider, pharmacy sector see lively quarter

By Beth Kutscher  |  October 18, 2014

The mergers and acquisitions storm in the life sciences blew in fast and furious in the second quarter and petered out just as quickly. But the ripple effect roiled subsectors of the healthcare industry that previously had been quiet.

Dignity, Tenet, Ascension detail Arizona Carondelet deal

By Melanie Evans  |  October 18, 2014

Dignity Health would invest $30 million in cash and take a minority stake in a proposed Arizona joint venture with Tenet Healthcare Corp. and Ascension Health, according to a bond offering by Dignity.

Providence Health launches $150 million tech venture fund

Providence Health launches $150 million tech venture fund

By Bob Herman  |  September 18, 2014

Providence Health & Services, the fifth-largest not-for-profit system in the country by revenue, has started a venture capital fund to develop innovative, consumer-driven technology. A former Amazon.com executive will run the new undertaking.

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