Fitch Ratings is maintaining it's A+ credit rating for Catholic Health Initiatives, the rapidly expanding national health system that earlier this week reported a sharp drop in its operating performance. Rival rating agency Standard & Poor's recently downgraded CHI because of weak financial results.
The number of credit rating downgrades on not-for-profit hospitals is likely to outpace upgrades in 2015, Standard & Poor's forecast in a new report that assigns a negative outlook to the sector.
Telehealth startup American Well announced a $80 million funding round Tuesday, capping a big year in funding for telehealth startups.
Readers of this morning’s New York Times story on the wildly varying charges levied for routine echocardiograms may have been left with the erroneous impression that it is nearly impossible to learn the price of cardiac ultrasound machines. Not so.
While heartened by the inclusion of a supply-chain article in Modern Healthcare, the Nov. 24 story “Hospitals struggle with supply costs” missed a tremendous opportunity.
Patients using virtual visits are largely using them to replace emergency department, urgent-care and office visits and they don't require extensive follow-up care, a new study reports.
Administrative and reimbursement issues are hampering the Veterans Affairs Department's new initiative aimed at granting wider access to private care for vets unable to get treatment within the system, say some providers around the country who have tried working in the new program.
Most physicians expect Congress will once again deliver an 11th-hour legislative “patch” around March 31 to override a 21% Medicare pay cut under the sustainable growth-rate formula. No such heroics are expected to block a 42.8% Medicaid pay cut that primary-care physicians face Jan. 1.
In June, the Medical Group Management Association released the results of a questionnaire that ranked members' most pressing practice management challenges. In this edition of “Practice Makes Perfect,” we will tackle No. 5 on that list: Managing finances with the uncertainty of Medicare...
SCL Health System, the Denver-based group, had a steady operating margin of 2.3% in the first nine months of the year, despite some loss of patient volume.
The Medicare Payment Advisory Commission is mulling trying to solve the conundrum posed by the widely panned “two-midnight rule” by eliminating the outpatient observation claims that gave rise to it.
Hospitals and lawmakers are asking why the $6.2 billion the Obama administration requested for battling Ebola doesn't include any money to reimburse hospitals for the high cost of treating patients with the virus or preparing for the possibility of more cases.