Orlando Health sees rise in annual surplus despite fourth-quarter setback

By Katherine Davis  |  November 25, 2015

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%.

Prices for dermatologic drugs surge

By Steven Ross Johnson  |  November 25, 2015

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.

Hochman to lead new parent of Providence and St. Joseph Health

Hochman to lead new parent of Providence and St. Joseph Health

By Adam Rubenfire  |  November 25, 2015

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 continues to see expenses outpace revenue growth

By Beth Kutscher  |  November 25, 2015

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 buys Henry Ford's Medicaid plan

By Bob Herman  |  November 25, 2015

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 vies for attention in physician payment reform

By Virgil Dickson  |  November 25, 2015

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 hit with higher expenses as patient volume rises

By Michael Sandler  |  November 25, 2015

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...

Pfizer, Allergan agree to $160 billion merger

Pfizer, Allergan agree to $160 billion merger

By Modern Healthcare  |  November 22, 2015

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.

Best Practices: How urban hospitals can boost local hiring

Best Practices: How urban hospitals can boost local hiring

By Lisa Schencker  |  November 21, 2015

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.

Hospitals broaden scope of community-benefit work

Hospitals broaden scope of community-benefit work

By Beth Kutscher  |  November 21, 2015

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 powerhouse AMN acquires B.E. Smith

By Adam Rubenfire  |  November 20, 2015

Staffing giant AMN Healthcare Services has acquired B.E. Smith, a provider of interim healthcare leadership, executive search and advisory services.

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