Hospitals that don't adapt could get squeezed out of the care continuum as insurers grow and direct more care to lower-cost settings, according to a new analysis from Moody's Investors Service.
LifePoint Health posted a net loss at the end of 2017 that executives said was driven by declining hospital revenue, an expensive overhaul its collection process and other factors. The company will perform a strategic review of its operations.
Indiana University Health saw its financial situation turn around in the latter half of 2017. The academic health system's operating income increased by 85% in the fourth quarter.
Brookdale Senior Living's board of directors has rejected a buyout offer and instead will shake up its leadership to oversee the company's turnaround.
Ascension saw its operating margin squeezed during the latter half of 2017 as a result of slumping admissions and revenue lost from divestitures. At the same time, the system has managed to draw more revenue per discharge.
New facilities, higher patient volumes and expanded access helped propel MetroHealth's 2017 finances to unprecedented levels.
Bumps in patient service revenue and provider activity lifted Partners HealthCare's operating margin in the first quarter of 2018.
The Texas system saw a strong first half for its fiscal 2018, including an operating margin of 8% compared with 4.7% in the first half of 2017. That comes after its profit grew 149% year-over-year in fiscal 2017.
Molina Healthcare recorded another loss in the fourth quarter of 2017 as the insurer's corporate restructuring plan and unpaid federal cost-sharing reduction subsidies ate away at its bottom line.
New York healthcare companies continued to attract hundreds of millions in venture-capital funding last year, but some private investors said they are growing more concerned that the investments aren't resulting in either mergers and acquisitions or initial public offerings.
This week's earnings reports are likely to keep up with the current pace of financial releases, as at least a few health systems and one major insurance carrier unveil their balance sheets.
Catholic Health Initiatives said a restructuring that's been years in the making is now paying off. The Englewood, Colo.-based not-for-profit almost broke even in its latest earnings release, following years of steep losses.