When the CEO of Mayo Clinic said the world-renowned, not-for-profit health system would prioritize caring for privately insured patients over publicly insured ones, it triggered an inquiry from the Minnesota Health Department and dismay and criticism from researchers and ethicists.
The outlook next year for the not-for-profit and public healthcare sectors is considered stable, but Republican leaders' plans to repeal the Affordable Care Act is driving some uncertainty, Moody's Investors Service said in its latest outlook report.
The big for-profit chains nowadays are selling rural hospitals because, even if they are profitable, they can't generate the margins that shareholders demand.
Starting next year, eight of the 32 states that have expanded Medicaid plan to use provider taxes or fees to fund all or part of the states' share of the cost of Medicaid expansion. The federal match begins to drop next year.
Not-for-profit Curae Health is buying four CHS hospitals: Merit Health Gilmore Memorial in Amory, Miss., Merit Health Batesville in Miss., Merit Health Northwest Mississippi in Clarksdale, and Highlands Regional Medical Center in Sebring, Fla.
Expectations that the ACA-driven reduction in charitable care would force the nation's largest not-for-profit healthcare systems to step up their investment in community-based prevention programs have yet to be fulfilled.
Senators castigated Wells Fargo & Co. CEO John Stumpf on Tuesday about the banking giant's customer account scandal. Questions were raised about the Wells Fargo board—which includes Dignity Health CEO Lloyd Dean—and whether it would take further action against top executives.
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...
Mayo Clinic, the Rochester, Minn.-based hospital system and medical hub, steadily grew its revenue and operating surplus in the first half of 2016, but its investments tanked.
The operating margin at Mercy Health, the largest health system in Ohio, fell to a slim 0.9% in the first half of this year. Higher labor expenses and the residual effects from a divested insurer hurt the not-for-profit Mercy.
David Hadley, the chief financial officer of Integris Health, will not return to the Oklahoma City-based hospital system after suffering an undisclosed injury.
Despite policy and technological innovation occurring nationwide, “Healthcare Nirvana”—better outcomes, cost effectiveness and health equity—remains unrealized. It is time to invest in a better healthcare future for all.