One of Obamacare's biggest success stories this year was that millions of previously uninsured Americans got coverage through the law's expansion of Medicaid to low-income adults.
LifePoint Hospitals again raised its financial guidance for full-year 2014 after booking higher revenue in the third quarter. The Brentwood, Tenn.-based chain, however, saw a similarly large increase in expenses that led to lower net income for the period compared to the third quarter of 2013.
Insurance expansion provisions of the Patient Protection and Affordable Care Act are having a positive effect on for-profit hospital chains, Fitch Ratings said in a report Thursday. For-profit hospital chain payer mix has improved, bad debt has declined and operating margins are edging up, it...
LifePoint Hospitals plans to create a joint venture with Watertown (Wis.) Regional Medical Center, marking the investor-owned company's first hospital partnership in Wisconsin.
The Obama administration has a new projection of the benefit hospitals will enjoy this year as they provide less care that no one pays for: $5.7 billion. Hospitals in states that expanded Medicaid are getting most of it.
For-profit hospital giant HCA said Tuesday it will close one of its hospitals in Florida because of excess inpatient capacity in the region—a sign that healthcare reform continues to push patient volumes away from inpatient hospital settings and toward lower-cost outpatient facilities.
New Orleans-based Ochsner Health System has agreed to acquire River Parishes Hospital from for-profit hospital company LifePoint Hospitals. Ochsner will operate the 106-bed hospital as an outpatient facility.
HMS Holdings Corp., a major player in Medicare’s auditing space, has named Jeff Sherman CFO, effective Sept. 8.
Major investor-owned medical systems in states that expanded Medicaid eligibility have seen Medicaid admissions rise between 10.4% and 32% since the start of the year, according to an analysis by PricewaterhouseCoopers.
Duke LifePoint has finalized the terms of a deal that will allow it to expand into Pennsylvania, its first market in the mid-Atlantic region.
Duke LifePoint finalized two more acquisitions in its home state of North Carolina, where it already owns four hospitals.
HCA, the largest publicly traded hospital chain by revenue, reported a 14.2% increase in second-quarter net income as it treated more patients and improved its payer mix thanks to insurance expansion under the healthcare reform law.