Hospitals, health insurers, physician groups and community health centers, fearing financial damage and patient suffering if millions of Americans lose their coverage, are just beginning to sketch out contingency plans in the wake of the oral arguments last week in King v. Burwell.
Four-hospital St. Alphonsus Health System plans to convert an acute-care hospital in Nampa, Idaho, to an ambulatory center and spend $80 million to build a hospital at its other campus in the southern Idaho city.
Hospitals are just beginning to hash out contingency plans as the waiting begins for the U.S. Supreme Court to decide whether to end insurance subsidies in most of the country.
Trinity Health, one the country's largest not-for-profit health systems, improved its operating margin in the first half of its fiscal 2015 as volume increased and it benefited from a recent acquisition.
Prime Healthcare Services has entered into an agreement to buy 126-bed Mercy Suburban Hospital, which is located in the Philadelphia suburb of East Norriton. The hospital is part of Mercy Health System, which became part of Trinity through its 2013 merger with Catholic Health East.
Geisinger's second century of innovation: Health system spreading best practices through new company
One hundred years ago, when Abigail Geisinger, the widow of an iron mining magnate, founded the 63-bed George F. Geisinger Memorial Hospital in Danville, Pa., she told the chief surgeon: “Make my hospital right; make it the best.”
David Cade, a former top attorney at HHS, has been appointed CEO of the American Health Lawyers Association.
Hospitals with lower credit ratings are finding they can borrow at rates once reserved only for higher rated hospitals thanks to a confluence of factors in the municipal bond market.
Even as value-based contracting proliferates, the financial incentives for hospitals and medical groups to eliminate waste and improve care have barely changed.
The dictionary defines vaporware as a product that has been widely advertised but has not and may never become available. Last week's twin announcements on the imminent move to widespread value-based reimbursement in healthcare bring the concept to mind.
U.S. healthcare providers and insurers start from widely divergent places as some of the largest move to put most of their business into payment models that reward lower cost and higher quality care.
Trinity Health, an 86-hospital Catholic system based in Livonia, Mich., has signed a definitive joint venture agreement with Heritage Provider Network to advance its strategy of coordinating care for specific groups of patient