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Hospital profits, uncompensated care climb

Hospital profits, uncompensated care climb

By Tara Bannow  |  January 06, 2018

Profits at the more than 4,800 U.S. community hospitals continued their steady rise last year, hitting $76.1 billion, a 43% increase since 2011.

Tenet continues to shed assets, sells St. Louis hospital

Tenet continues to shed assets, sells St. Louis hospital

By Alex Kacik  |  January 05, 2018

Tenet Healthcare Corp. signed a definitive agreement to sell Chesterfield, Mo.-based Des Peres Hospital to St. Luke's Hospital. Tenet is continuing to offload hospitals in non-core markets to pay down its $15 billion debt load.

New deal between UPMC, Highmark extends in-network access

New deal between UPMC, Highmark extends in-network access

By Associated Press  |  January 05, 2018

Under a new agreement, Highmark health insurance will retain in-network access to UPMC health system hospitals in Western Pennsylvania. UPMC had planned to cut most business ties with Highmark in June 2019.

Hospitals saw higher job growth in December

Hospitals saw higher job growth in December

By Tara Bannow  |  January 05, 2018

The healthcare industry added roughly 31,000 jobs in December, slightly above the 30,000 added in November, with sectors such as hospitals and physicians' office seeing significant fluctuations at the end of 2017.

Hospital profits continued their rise in 2016

Hospital profits continued their rise in 2016

By Tara Bannow  |  January 04, 2018

The American Hospital Association's newly released 2018 report on hospital finance and utilization trends shows that collective profits among the nation's roughly 4,800 community hospitals increased to $76.1 billion in 2016, up from $73.3 billion in 2015.

SSM Health completes acquisition of Wisconsin hospitals

SSM Health completes acquisition of Wisconsin hospitals

By Alex Kacik  |  January 04, 2018

Catholic-sponsored SSM Health has fortified its growing Midwest footprint with the addition of four hospitals, eight post-acute facilities and dozens of outpatient sites from the Congregation of Sisters of St. Agnes.

Hackensack Meridian and JFK cement merger

Hackensack Meridian and JFK cement merger

By Alex Kacik  |  January 03, 2018

Hackensack Meridian Health and JFK Health finalized their merger to create a combined entity with 16 hospitals throughout New Jersey, the companies announced Wednesday.

Joint Commission cracks down on hand hygiene

Joint Commission cracks down on hand hygiene

By Maria Castellucci  |  January 03, 2018

Starting this week, Joint Commission surveyors will cite hospitals if they witness employees who fail to follow proper hand hygiene guidelines.

House gears up for 340B oversight push

House gears up for 340B oversight push

By Susannah Luthi  |  January 02, 2018

Just days after a federal court dismissed a hospital coalition's lawsuit challenging the CMS' Medicare cuts to 340B hospitals, Capitol Hill lawmakers pressed ahead with their own battle over the program.

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