Revenue-cycle management company Emdeon has acquired price transparency tool provider Change Healthcare in a deal potentially worth $185 million.
Cognizant, the Teaneck N.J.-based global technology, consulting and business-process outsourcing company, has closed on its purchase of TriZetto Corp., Englewood, Colo., a provider of information technology systems and services to health plans and third-party benefits administrators.
Dignity Health began its fiscal 2015 with a first-quarter operating loss, booking lower revenue and rising expenses while getting hit with lower investment returns and a California issue that significantly impacted revenue.
After losing a trial to the FTC, Idaho's largest health system made its case Wednesday to the 9th U.S. Circuit Court of Appeals.
Kindred Healthcare shares recorded heavy volume Thursday as the company priced two public offerings that will help fund its takeover of Gentiva Health Services.
The rebranded health system created by the 2013 merger of Catholic Health East and Trinity Health will focus its strategy through 2020 on physician engagement and population health, seeking to leverage its expansive operations.
Phoenix-based Banner Health's $1 billion acquisition of the University of Arizona Health Network, Tucson, is expected to close on Jan. 31, the health system's CEO said in a memo to employees earlier this week.
Nine-month fiscal year revenue rose 2% at Maimonides Medical Center in New York, but the not-for-profit saw an increased operating deficit for the period.
What comes to mind when America's healthcare bill is mentioned? Usually physician services, hospital care, prescription drugs. While those areas of healthcare account for the bulk of U.S. health spending, another area of out-of-pocket spending mostly goes unnoticed.
Not-for-profit Banner Health reported a 16.7% increase in its operating surplus during the nine months ended Sept. 30, a gain that comes thanks to strong patient-service revenue from a jump in emergency room visits.
Medtronic, a Minneapolis-based medical-device manufacturer, said profits fell again in the second quarter of its fiscal 2015, reporting an 8.2% drop in net earnings to $828 million. One-time events, such as charges for a pending major acquisition, accounted for the decline, the company contended.
Prime Healthcare Services has entered into a deal to buy another hospital from Community Health Systems, the second this month. The Ontario, Calif.-based chain will buy 85-bed Dallas Regional Medical Center in Mesquite, Texas.