Abbott Laboratories reported higher-than-expected quarterly earnings on Wednesday, helped by strong demand for its diagnostics, and surprised investors with a dividend increase of more than 50%. FULL STORY »
Johnson & Johnson reported better-than-expected third-quarter results, as strong growth for prescription drugs overshadowed weaker contributions from its medical device and consumer products businesses. FULL STORY »
Hospitals, a reliable source of employment growth in the recession and its aftermath, are starting to cut thousands of jobs amid falling insurance payments and inpatient visits. FULL STORY »
By Modern Healthcare | October 14, 2013
| Basic Web
Four months after dropping a deal with a different suitor because of regulatory hurdles, Chesterfield, Mo.-based Mercy health system plans to transfer its Hot Springs, Ark., hospital and physician clinic to Catholic Health Initiatives. FULL STORY »
In dentists’ and doctors’ offices, hearing aid centers and pain clinics, American healthcare is forging a lucrative alliance with American finance. A growing number of healthcare professionals are urging patients to pay for treatment not covered by their insurance plans with credit... FULL STORY »
A credit analyst for not-for-profit healthcare providers is cautioning that the new state health insurance exchanges may introduce more short-term risk than benefit. FULL STORY »
By Beth Kutscher | October 05, 2013
| Print Magazine
Full-service hospital operators long have viewed specialty providers with suspicion. But they increasingly are adopting the philosophy of, “If you can't beat 'em, join 'em.” FULL STORY »
A clerical error means Tuomey Healthcare System in South Carolina owes $39 million less than a federal judge ordered Tuesday. But the system still is on the hook for $238 million in damages for violating the federal False Claims Act. A settlement to resolve the case, meanwhile, may still be in the... FULL STORY »
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