A spike in earnings from Medicaid patient visits did little to soften the blow to Orlando Health's operating margin in its fourth quarter, which was down 85% from the year-ago. The Orlando, Fla.-based not-for-profit saw its operating margin for the entire year rise slightly to 7.7%.
The retail prices of 19 brand-name prescription dermatology medications have increased an average of more than 400% over the past six years, according to a study. Those findings are sure to add support to the growing public discord over the rising cost of drugs.
Catholic providers Providence Health & Services and St. Joseph Health System have moved closer to creating a new, single organization that will operate 43 hospitals in six states. The new parent organization will be led by current Providence CEO Dr. Rod Hochman.
Texas Health Resources continued to see higher patient volume through the third quarter of 2015, but faced financial challenges from higher expenses, investment losses and changes to the state's Medicaid waiver program.
Molina Healthcare is buying the Medicaid assets of one of Henry Ford Health System's health plans. That news comes a week after the state denied Henry Ford's appeal of new Medicaid contracts.
Medicaid agencies want federal officials to keep them in mind as they incorporate participation in alternative payment models with all types of payers into Medicare's reimbursement rates for physicians.
Aurora Health Care saw its expenses rise during the third quarter as higher patient volumes required more full-time employees. Salaries and wages increased 3.4% over the prior-year period, which the Milwaukee-based system said was due to the annual salary adjustment of 2.8% that became effective...
The University of Kansas Hospital saw a large increase in patient volume in the first quarter of fiscal 2016, but the additional costs of treating more patients overshadowed the increase in revenue.
The boards of Pfizer and Ireland's Allergan on Sunday approved a merger deal worth $160 billion. The deal would create the largest drugmaker by sales.
When University of Chicago Medicine held a job fair at a local church a couple of years ago, hospital officials expected a few hundred attendees. To their surprise, about 1,100 South Side residents showed up.
As the need for charity care drops, some hospitals and health systems across the country are targeting funds to address societal ills such as poverty, violence, hunger, poor nutrition and lack of housing.
Staffing giant AMN Healthcare Services has acquired B.E. Smith, a provider of interim healthcare leadership, executive search and advisory services.