Healthcare companies last week were buzzing about the savings they expect to reap from the Trump administration's sweeping tax overhaul, which reduced the corporate tax rate to 21% from 35%.
UnitedHealth Group's 2017 revenue surpassed $200 billion, while its profit more than doubled. On top of that, the No. 1 insurer will reap an extra $1.7 billion in 2018 earnings thanks to the Trump administration's tax overhaul.
Hospital, insurance and other industry executives described how they're trying to change their ways of doing business, in talks and meetings at the J.P. Morgan Healthcare Conference in San Francisco last week.
Tenet Healthcare will continue to shed non core assets as it tries to reduce a $15 billion debt load. New CEO Ronald Rittenmeyer said his goal is to create a more agile organization.
A report touted this week by the American Osteopathic Association shows an 85% increase in osteopathic medical students since 2007.
Looking at today's healthcare industry, one is hard-pressed to find a U.S. hospital or health system that hasn't been involved in a merger or acquisition. As more providers combine facilities or expand their reach, they're facing new challenges – and opportunities – to maximize scale...
The first major tax reform legislation since the 1980s is now law. How might the new law impact business decisions in 2018 and beyond? Let's break it down by sector. Impact on not-for-profit hospitals and providers
Tenet completed the $170 million sale of its last two Philadelphia hospitals to American Health System, which also formed a joint venture with real estate investment firm Harrison Street Real Estate Capital to acquire a portfolio of affiliated assets.
Brown University and Prospect Medical Holdings are poised to swoop in if Care New England Health System's negotiations with Partners HealthCare falter.
Chinese billionaire Tianqiao Chen has increased his stake in Community Health Systems to 24%, but has not indicated that he or his company, Shanda Group, will take a more active role in the company's turnaround.
The J.P. Morgan Healthcare Conference continued in San Francisco on Wednesday as Community Health Systems provided few details on its continuing divestment plans, and Universal Health Systems blamed nurse and psychiatrist shortages for its lagging growth.
Mission and margin can coexist, says Joseph Zubretsky, the new CEO at Molina Healthcare. Zubretsky discussed his goals for the company with Modern Healthcare during the J.P. Morgan Healthcare Conference.