Hospital stocks enjoyed a banner day on Wall Street Friday as House Speaker Paul Ryan pulled a GOP replacement for the Affordable Care Act just minutes before a scheduled afternoon House vote on the legislation.
Jay Grinney, the long-time CEO of HealthSouth who retired at year-end, is slated to receive two fishing rods and an $11.7 million package for his service, in addition to $7.3 million in total compensation for 2016,
Moody's Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P Global Ratings.
Cleveland Clinic ended 2016 with a steeper decline in operating income than even CEO Dr. Toby Cosgrove had projected. The 14-hospital system posted a 71% drop in 2016 to $139.4 million from the $480.2 million reported in 2015.
The co-founder of a Massachusetts compounding pharmacy was acquitted Wednesday of causing the deaths of 25 people but convicted of other racketeering charges in a nationwide meningitis outbreak in 2012.
PBMs and tech startups are responding to underinsurance and the onslaught of high-deductible health plans by cutting out insurers in the quest to help patients lower their prescription drug costs.
Ascension will sell St. Joseph Regional Medical Center in Lewiston, Idaho, to for-profit hospital chain RCCH Healthcare Partners.
Highmark Health, a Pittsburgh-based health plan that owns eight-hospital Allegheny Health Network, returned to the black in 2016 after staunching massive losses from the Affordable Care Act's individual insurance exchanges.
The architects and construction companies who make their living designing and building healthcare facilities are bullish in their outlook on healthcare construction, despite the uncertainty surrounding healthcare policy in Washington, D.C.
The super-hot rate of healthcare job growth has started to abate after hospitals and health providers have staffed up since 2013 to care for 20 million newly insured people under the Affordable Care Act. The same can't be said for health spending.
The digital health company will use the funding to widen its offerings beyond diabetes management.
A federal judge explained in a new court filing today why he switched from siding with two large suburban health systems that wanted to merge to favoring antitrust regulators that fought the union.