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HCA chief's 2016 paycheck: $21.3 million

By Dave Barkholz  |  March 08, 2017

Milton Johnson, CEO of HCA Holdings, earned $21.3 million in compensation in 2016, an increase of $3.5 million over the $17.8 million reported in 2015. President Sam Hazen was HCA's next highest-paid executive, receiving $8.8 million in 2016 compared to $7 million in 2015.

HCA Holdings expects to report strong income, patient volume for 2016

By Maria Castellucci  |  January 09, 2017

HCA Holdings is expecting to report $4.5 billion in income before taxes for 2016, a 13.7% increase from the previous year. The Nashville-based system also expects to report a 1.6% increase in same-facility admissions for the fourth quarter of 2016 compared to the same period in the previous year.

Hospitals fret over financial impact of ACA repeal

Hospitals fret over financial impact of ACA repeal

By Dave Barkholz  |  November 09, 2016

Hospitals and physicians are having a hard time grasping how the Affordable Care Act can be repealed by the Trump administration without a plan to replace or continue coverage for the nearly 20 million Americans who are now insured on the exchanges or through Medicaid expansions in 32 states.

Feds double down on lawsuit against Carolinas HealthCare

By Dave Barkholz and Erica Teichert  |  October 29, 2016

The U.S. Justice Department urged a North Carolina federal judge to take a closer look at Carolinas HealthCare System's steering provisions in insurer contracts and to ignore the health system's pleas for a quick escape from the government's lawsuit.

HealthSouth's Jay Grinney retiring after 12 years as president, CEO

HealthSouth's Jay Grinney retiring after 12 years as president, CEO

By Maria Castellucci  |  October 29, 2016

Jay Grinney will retire from HealthSouth Dec. 31 after 12 years as president and CEO of the company. Chief Operating Officer Mark Tarr will succeed Grinney at the publicly traded company, which has expanded rapidly in recent years and now operates post-acute facilities and services in 34 states.

Hospitals' struggles show in Q3 earnings

By Dave Barkholz  |  October 29, 2016

Hospitals over the past year have seen rising labor costs, pressures to invest to prepare for value-based reimbursement and a flattening of volumes from the Affordable Care Act exchanges. As third-quarter earnings season hits full stride this week, early results have been decidedly mixed.

Hurricane aside, HCA posts another solid earnings quarter

By Dave Barkholz  |  October 27, 2016

Hurricane Matthew couldn't dampen HCA's earnings momentum. In the third quarter, the chain posted net income of $618 million, or $1.59 per share, compared with net income of $449 million, or $1.05, in the year-earlier quarter.

HCA drops Oklahoma University Medical Center

By Dave Barkholz  |  October 26, 2016

HCA will receive $750 million to transfer ownership of OU Medicine. SSM Health will partner with OU and the University Hospitals Authority and Trust to create a healthcare network.

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...

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