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News
Banner Health sees rising expenses chip away at growing revenue
By Rachel Landen | August 21, 2014 | Basic Web Basic Web Subscription Details
Lower volumes have put pressure on Banner Health's top line, but the Phoenix-based not-for-profit health system still managed to grow its revenue by nearly 4% during the first half of fiscal 2014.
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News
Texas Health Resources sees better Q2 amid investment losses
By Rachel Landen | August 20, 2014 | Basic Web Basic Web Subscription Details
A boost to revenue and non-operating gains helped Texas Health Resources' second quarter of 2014 outpace its first. But even with the improved performance, the not-for-profit system fell short of where it was this time last year.
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Data Center
Major hospitalist service contractors / Highest-paid non-C-suite physicians at not-for-profit healthcare organizations
August 16, 2014
A list of five major hospitalist service contractors in the nation, ranked by total revenue in 2013 where available. Also includes a list of the highest-paid non-C-suite physicians at not-for-profit healthcare organizations. Source: Modern Healthcare reporting. Published Aug. 18, 2014, p. 30.
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News
Froedtert seeks co-ownership of Ascension health-plan affiliate
By Bob Herman | August 15, 2014 | Basic Web Basic Web Subscription Details
Froedtert Health, an academic medical center based in Milwaukee, is in negotiations to buy a 50% stake in Network Health, a health insurance company based in Menasha, Wis.
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News
Allina bottom line dinged by interest-rate swaps
By Rachel Landen | August 14, 2014 | Basic Web Basic Web Subscription Details
Shifting patient volumes and growth in expenses cut Minneapolis-based Allina Health's operating margin in half for the first six months of 2014.
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News
Ochsner cites harsh weather for sluggish first half
By Bob Herman | August 14, 2014 | Basic Web Basic Web Subscription Details
Ochsner Health System said an unforgiving winter season negatively affected patient volumes and, consequently, its bottom line in the first six months of the year.
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News
Health First sees third-quarter surplus climb
By Rachel Landen | August 13, 2014 | Basic Web Basic Web Subscription Details
Brevard, Fla.-based Health First reported its third quarter surplus more than doubled compared to a year ago after the not-for-profit health system held expenses nearly flat while revenue grew.
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News
Two West Virginia hospitals discuss merger
By Bob Herman | August 13, 2014 | Basic Web Basic Web Subscription Details
Cabell Huntington (W.Va.) Hospital has initiated talks to acquire its cross-town competitor, St. Mary's Medical Center. The not-for-profit hospitals are still operating independently, as executives are in the “initial steps of a process” that they hope will merge the two entities,...
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News
New York's Strong Memorial sees gains in 2013
By Rachel Landen | August 12, 2014 | Basic Web Basic Web Subscription Details
Strong Memorial Hospital, Rochester, N.Y., reported stronger financial results for 2013 as operational revenue climbed and gains from investment activity drove its surplus higher.
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News
McLaren sees higher 9-month utilization, rising investment income
By Rachel Landen | August 12, 2014 | Basic Web Basic Web Subscription Details
Increased utilization during the first nine months of McLaren Health Care Corp.'s fiscal 2014 helped the Flint, Mich.-based system report higher revenue for the period, but it was unrealized investment gains that improved the organization's bottom line.
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