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Road gets rockier for hospital stocks

Road gets rockier for hospital stocks

By Dave Barkholz  |  August 14, 2017

Weak admissions and a deteriorating payer mix will mark the rest of 2017 after they conspired to ruin the second-quarter earnings season for hospital stocks.

Court orders Advocate to recognize nurses union

By Nona Tepper  |  August 14, 2017

The Illinois Nurses Association, a union created by nurse practitioners, will be the first nurses' union recognized by the state's largest hospital network.

NantHealth cuts workforce by 300

By Rachel Z. Arndt  |  August 11, 2017

After losing $70 million in the second quarter of 2017, NantHealth is now laying off about a third of its employees.

Hospital volumes laid low by high-deductible health plans

Hospital volumes laid low by high-deductible health plans

By Dave Barkholz  |  August 10, 2017

Patients avoiding elective surgeries and other procedures because of skyrocketing out-of-pocket costs were cited by hospital chains as a primary cause of softening hospital volumes in the second quarter.

For some consumers, loyalty outweighs price

For some consumers, loyalty outweighs price

By Alex Kacik  |  August 10, 2017

Although 72% of Americans in a poll said price shopping for healthcare is important, only 13% had inquired about their expected spending before receiving care and just 3% had compared costs across providers before receiving care.

Struggling Presence Health makes a move to survive

By Kristen Schorsch  |  August 09, 2017

Presence Health, the largest Catholic health system in Illinois, is selling two downstate hospitals to OSF HealthCare. The move comes as the 12-hospital system works to turn around its finances by shedding workers and naming new leadership.

Envision sells its ambulance business to KKR for $2.4 billion

Envision sells its ambulance business to KKR for $2.4 billion

By Dave Barkholz  |  August 08, 2017

Under the deal, Envision's American Medical Response will be combined with KKR's Air Medical Group Holdings to create a medical transportation behemoth serving more than 5 million patients annually across 46 states and the District of Columbia.

Tenet plans to sell more hospitals after Houston divestitures

Tenet plans to sell more hospitals after Houston divestitures

By Dave Barkholz  |  August 08, 2017

Tenet Healthcare, the nation's third-largest investor-owned hospital chain, wants to offload facilities that don't fit its long-term strategy so it can focus on its primary markets where it is first or second in market share.

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