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Hospital stocks rally as ACA replacement fails

By Dave Barkholz  |  March 24, 2017

Hospital stocks enjoyed a banner day on Wall Street Friday as House Speaker Paul Ryan pulled a GOP replacement for the Affordable Care Act just minutes before a scheduled afternoon House vote on the legislation.

CHI hit with Moody's debt downgrade

By Dave Barkholz  |  March 23, 2017

Moody's Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P Global Ratings.

Pension accounting dents Cleveland Clinic's 2016 operating income

Pension accounting dents Cleveland Clinic's 2016 operating income

By Dave Barkholz  |  March 22, 2017

Cleveland Clinic ended 2016 with a steeper decline in operating income than even CEO Dr. Toby Cosgrove had projected. The 14-hospital system posted a 71% drop in 2016 to $139.4 million from the $480.2 million reported in 2015.

Ex-pharmacy exec acquitted of murder in meningitis outbreak

By Associated Press  |  March 22, 2017

The co-founder of a Massachusetts compounding pharmacy was acquitted Wednesday of causing the deaths of 25 people but convicted of other racketeering charges in a nationwide meningitis outbreak in 2012.

Narrower exchange losses puts Highmark Health in black in 2016

By Dave Barkholz  |  March 20, 2017

Highmark Health, a Pittsburgh-based health plan that owns eight-hospital Allegheny Health Network, returned to the black in 2016 after staunching massive losses from the Affordable Care Act's individual insurance exchanges.

Consumers fueling outpatient construction

Consumers fueling outpatient construction

By Joseph Conn  |  March 18, 2017

The architects and construction companies who make their living designing and building healthcare facilities are bullish in their outlook on healthcare construction, despite the uncertainty surrounding healthcare policy in Washington, D.C.

Vital Signs: Why health hiring is slowing as health spending is growing

Vital Signs: Why health hiring is slowing as health spending is growing

By Dave Barkholz  |  March 17, 2017

The super-hot rate of healthcare job growth has started to abate after hospitals and health providers have staffed up since 2013 to care for 20 million newly insured people under the Affordable Care Act. The same can't be said for health spending.

Judge explains the flip-flop that spiked NorthShore-Advocate deal

Judge explains the flip-flop that spiked NorthShore-Advocate deal

By Kristen Schorsch, Crain's Chicago Business  |  March 16, 2017

A federal judge explained in a new court filing today why he switched from siding with two large suburban health systems that wanted to merge to favoring antitrust regulators that fought the union.

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