Trinity Health, one of the nation's largest health systems, closed on a deal to sell a Michigan hospital to Prime Healthcare Services under a strategy to shed struggling hospitals.
St. Joseph's Health, Syracuse, N.Y., which recently became part of the Trinity Health network, reported mounting expenses in the first half of 2015 because of a staffing shortage, new equipment purchases and consulting fees.
St. Michael's Medical Center in Newark, N.J., hopes its bankruptcy filing last week will ease the way for a sale to for-profit Prime Healthcare Services.
Anthem's announced $54.2 billion takeover of Cigna Corp. last week is the latest and largest sign of health insurers' lust for scale. But at the heart of the merger momentum is their desire to expand their government business, particularly in the lucrative Medicare Advantage market.
About 40 health systems have started venture funds. The lure is the potential for big payoffs and the promise of getting in on the ground floor with effective new healthcare technologies and services. But most startups fail to deliver on venture capitalists' investment.
Hospital leaders say they're moving ahead with delivery-system reforms that keep their populations healthy now that the U.S. Supreme Court has removed uncertainty about the continuation of premium subsidies. They hope the subsidies ruling will clear the way for more states to expand Medicaid to...
Hospital leaders expressed relief and delight Thursday after the U.S. Supreme Court solidified the future of subsidized insurance for low- and middle-income Americans in all 50 states under the Affordable Care Act.
The titans of the health insurance industry are locked in a dance of buying and selling. Hospitals, physicians, employers and consumers could experience financial repercussions if any big deals are concluded.
New Medicare rules could decrease incentives for hospital overuse and curb visits to low-quality nursing homes. The same rules, however, could boost incentives for misuse of costly skilled-nursing care.
San Francisco-based Dignity Health has tapped Stephen Foerster to serve as chief strategy officer for its Bay Area service area.
Health insurers are trying to figure out what makes consumers tick as the market increasingly becomes a direct-to-consumer business. But new surveys suggest that some of the previous ideas have been misguided.
R. Craig McCoy has been named CEO at Bon Secours St. Francis Health System in Greenville, S.C., effective June 8.