Penn State Health is one step closer to acquiring another in-state hospital. Pennsylvania State University's board of trustees has approved plans for the acquisition of St. Joseph Regional Health Network from Englewood, Colo.-based Catholic Health Initiatives.
Partners HealthCare System in Boston saw its ratings downgraded by Moody's Investors Service when the agency rated new bond issues expected this week.
The long-running feud between insurer Highmark and healthcare giant UPMC continues with news that they've been unable to reach a mediated agreement regarding UPMC doctors treating Highmark's senior members, according to the Pittsburgh Business Times.
Trinity Health will add three-hospital St. Francis Care to its portfolio to expand its footprint in New England.
Tufts Medical Center and neighboring academic facility Boston Medical Center have announced talks to “explore a partnership.”
Pennsylvania Gov.-elect Tom Wolf will face federal, state and contractual hurdles should he try to replace his Republican predecessor's alternative Medicaid expansion initiative with the straight expansion plan he favors.
Beth Israel Deaconess Medical Center has agreed to pay $100,000 and strengthen its data security policies to settle a state health information data breach complaint involving the medical and personal records of nearly 4,000 individuals exposed by the theft of an unencrypted laptop computer.
Maine cannot drop low-income 19- and 20-year-olds from its Medicaid rolls without violating the Patient Protection and Affordable Care Act, a federal appeals court ruled last week.
NYU Hospitals Center is completely back in business after Superstorm Sandy interrupted operations in 2012, dragged down revenue and battered the bottom line of the lower Manhattan-based medical facilities.
The New York City Health and Hospitals Corp. significantly reduced its operating losses and net deficit for fiscal 2014 thanks to an increase in net patient service revenue and revenue received from a special fund for care given to indigent patients.
The federal government alleges the city of New York and Computer Sciences Corp. orchestrated fraudulent billing schemes that generated millions of dollars in false Medicaid claims paid to the city.
Aetna will shut down its Delaware Medicaid plan by year-end after the insurer and the state couldn't agree on new managed-care rates.
Medicaid managed-care plans providing coverage under Pennsylvania's Medicaid expansion are struggling to find enough hospitals and physicians for their networks.
After 18 months of negotiations with the federal government, New York state has received permission from regulators to implement a vast revamping of its healthcare delivery system in a bid to lower Medicaid costs.
Erie Indemnity Co., an Erie, Pa.-based company that provides automobile, home and life insurance, has decided to drop Highmark as the health plan for its 4,600 employees because of the ongoing blood feud between insurer Highmark and hospital giant UPMC. Its decision could be a harbinger of what other Western Pennsylvania employers will do next year as they seek to find shelter from the fallout of the battle.
Pittsburgh-based UPMC and Jameson Health System, New Castle, Pa., have signed a letter of intent to merge, a move that would beef up UPMC's provider dominance north of the city.
Health spending in Massachusetts last year stayed below the target set by state policymakers to keep medical bills from growing faster than the economy.
North Shore-Long Island Jewish Health System battled through a sluggish first half of the year, with the Great Neck, N.Y.-based health system still feeling the financial chill from last year's icy, bitter-cold winter.
Kaleida Health kept expenses in check in the first half of 2014, giving the Buffalo, N.Y.-based system higher-than-expected surpluses.
The Cleveland Clinic has chosen North Shore-Long Island Jewish Health System in Great Neck, N.Y., as its exclusive partner in New York for heart-care referrals.