Aetna and Humana, two of the largest Medicare Advantage players, will fight accusations that if they merged, seniors and people with disabilities in more than 300 markets would be negatively affected.
Healthcare spending in 2015 increased at a rate of 5.8% as more people obtained health insurance and prescription drug costs continued to rise, according to a CMS report released last week.
As is now customary, the healthcare industry was the leading job producer in November, driving overall private-sector employment to a solid 178,000 gain.
Healthcare spending increased 5.8% and national healthcare expenditures were nearly 18% of GDP in 2015, according to a CMS report.
The healthcare industry again was the leading job-producing sector of the economy in November, driving overall private-sector employment to a solid 178,000 gain. But the promised repeal of Obamacare and a looming interest-rate hike is giving employers in the industry pause.
The companies expect to complete due diligence by early 2017 and initiate state and regulatory reviews while moving toward a definitive agreement. Christus has been building its presence in northeast Texas.
DMC's layoffs are expected to total 60 employees and managers with another 40 unfilled positions eliminated. Another 30 employees were reassigned to other positions.
With a market capitalization of about $10 billion, the newly minted Envision Healthcare Corp. on Thursday will replace Legg Mason on the index as part of the healthcare category.
Increasing cost transparency coupled with new value-based incentives to better coordinate care will pressure merger partners to return some of the benefits from economies of scale and shared purchasing to patients, said a new report by the Healthcare Financial Management Association.
Premier is buying out two group purchasing organizations owned by the Greater New York Hospital Association that serve non-acute providers.
Catholic Health Initiatives is bringing an operating loss of $483 million from its 2016 fiscal year to its merger talks with Dignity Health. CHI attributed the losses to lower patient volumes, higher labor costs and its struggling health plan.
The Cost, Quality, and Outcomes (CQO) Movement within healthcare is the recognition that cost, while important, is only one of many components that need to be considered by supply chain professionals. Quality of patient care, patient experience, and financial and reimbursement outcomes are also...