Finance news and information

Jeffrey Surges has resigned as the CEO and as a member of the board of directors of Merge Healthcare, following the release of what the Chicago-based radiology systems software company called “disappointing” second-quarter financial results.
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HMA is prepared to invite some of Glenview Capital Management's proposed nominees onto its board of directors, but the hedge fund is rebuffing the offer.
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Rural/Metro Corp., one of the nation's largest ambulance companies with operations mostly in rural areas in 21 states, has filed for Chapter 11 bankruptcy to restructure its finances and save its business.
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CVS Caremark Corp. expects to lose about 10% of patients enrolled in one of its Medicare prescription drug plans because of a government marketing ban but does not expect the decrease to have a significant impact on its long-term results.
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Physician-owned hospitals in North Texas are finding ways to expand despite being banned from accepting Medicare and Medicaid patients.
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Digital Insurance, an Atlanta-based online health insurance agency and employee benefits consultancy has announced the acquisition of Strategic Employee Benefit Services, with offices in Wellesley and Springfield, Mass., and Providence, R.I.
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Modern Healthcare's second annual Healthcare's Hottest recognition program honors the fastest growing companies and organizations in the industry as measured by revenue growth.
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Two months before open enrollment begins on the state insurance exchanges, CMS Administrator Marilyn Tavenner downplayed concerns from GOP lawmakers that the 2010 healthcare law will hurt jobs and expressed confidence that the employer mandate delay won't affect the law's implementation.
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West Penn Allegheny Health System posted a $47.9 million operating loss for its fourth quarter ended June 30, a new state filing shows.
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Health information technology systems developer Cerner Corp. went mall shopping for another corporate office complex, but is waiting on tax breaks from local government before it goes through with the deal.
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