Investor confidence in Community Health Systems plummeted Thursday as losses in the third quarter previewed by the company after the close of markets Wednesday caused its stock to fall nearly 50%.
The biopharmaceutical company said global revenue for the third quarter were driven by sales of the cancer drug Opdivo, which tripled to $615 million from a year ago. Sales of Eliquis, a cardiovascular medicine, rose 90% from a year ago to $884 million.
Unlike healthcare thought leaders and policy wonks, only a scant few practicing physicians are committed to population health management, value-based care and the “triple aim.”
HCA will receive $750 million to transfer ownership of OU Medicine. SSM Health will partner with OU and the University Hospitals Authority and Trust to create a healthcare network.
Nurses at five Allina Health hospitals in Minnesota approved a labor contract, ending a five-week strike.
Intermountain Healthcare's supply chain chief will take his talents to Pensiamo, a supply chain venture recently formed by UPMC and IBM.
The steady departure of pediatricians, surgeons, orthopedists, neurologists and others from the island has become a stampede as the economy shows no sign of improving and financial problems in the territorial health insurance program make it nearly impossible for doctors to stay in business.