Trinity Health will add three-hospital St. Francis Care to its portfolio to expand its footprint in New England.
The number of credit rating downgrades on not-for-profit hospitals is likely to outpace upgrades in 2015, Standard & Poor's forecast in a new report that assigns a negative outlook to the sector.
Nearly 20% of U.S. consumers with credit records—42.9 million people—have unpaid medical debts, according to a new report by the Consumer Financial Protection Bureau.
Varian Medical Systems, which makes equipment for performing radiosurgery, proton therapy and similar procedures, said it is planning to submit an offer to acquire Germany-based MeVis Medical Solutions.
Catholic Health Initiatives, one of the largest not-for-profit health systems in the U.S., said it will cut up to 1,500 jobs through next month after unexpectedly weak performance in its first quarter.
Tiptoeing into the broader accountability movement, some of the largest medical-device manufacturers are negotiating experimental deals with hospitals to take on performance-based financial risk for their implants.
The Consumer Price Index for hospitals increased 0.2% last month as prices for inpatient care edged upward. The Consumer Price Index for the year that ended in November shows a 4.7% increase in hospital prices, compared with 4.4% growth the prior year.