Providers dominated healthcare private equity deals in 2017
A new report from Bain & Co. found that the provider sector accounted for 45% of total healthcare private equity buyouts last year, capturing nearly $19 billion.
Financial Results
Blue Cross' parent learns to live with Obamacare—and make some money, too
The parent of Blue Cross & Blue Shield of Illinois, the state's largest insurer, made more than a billion dollars last year, rebounding after three years of Affordable Care Act-related duress.
Provider Revenue-Cycle
Navigant, Baptist Health South Florida form revenue-cycle management joint venture
The venture aims to leverage machine learning and artificial intelligence to boost revenue and cash flow while lowering the cost of bill collecting. It's slated to launch this summer.
Mergers & Acquisitions
CHS to sell 421-bed Florida hospital to Adventist
Community Health Systems has signed a definitive agreement to sell Munroe Regional Medical Center in Ocala, Fla., to Adventist Health System Sunbelt Healthcare Corp.
Staffing
Ballad Health to lay off 150 employees, cut 49 more jobs
The merger of Mountain States Health Alliance and Wellmont Health System will result in 150 layoffs, according to the combined system's executive chairman. Another 49 empty positions will also be eliminated.
Supply Chain
Tariffs could drive drug and medical-device prices higher
Generic-drug manufacturers, which source most of their active ingredients from China and India, could be hit the hardest by President Donald Trump's proposed tariffs, experts said.
Healthcare Economics
Q&A with HFMA CEO Joseph Fifer on price transparency
Fifer, who took over the HFMA in 2012 after 11 years as vice president of hospital finance at Spectrum Health in Grand Rapids, Mich., says industry leaders are starting to do a better job of listening to consumers.
