Laboratory Corporation of America has reached a deal to acquire several clinical laboratories from Mount Sinai, a major health system in New York City.
National MedTrans Network, a Long Island-based company that dispatches nonemergency ambulances in New York City, reported revenue increasing 1,765% from 2012 to 2015. Yet, the city's ambulance companies that answer its calls say the dispatcher owes them more than $2 million.
Despite a boost in total revenue, UMass Memorial Health Care suffered operating income losses caused by a massive rollout of a new electronic health record system.
Hospitals with bargaining muscle in New York are getting paid 1.5 to 2.7 times as much for care by insurers as the lowest-priced hospitals in the same market, a new study shows.
Firefighters responded to a two-alarm fire at NYU Langone Medical Center last week.
Partners HealthCare System, the parent of Massachusetts General Hospital, is the latest not-for-profit hospital system to lose $100 million-plus on its health plan.
Start-up insurer Oscar has collaborated with Mount Sinai to open its first members clinic.
On his last day as CEO of NYC Health & Hospitals, Dr. Ram Raju presided over the groundbreaking of a $28 million ambulatory-care center on Staten Island.
The CMS has approved a waiver that will allow Massachusetts to overhaul its Medicaid program by putting its beneficiaries into accountable care organizations.
About 425 doctors from the New Bedford, Mass.-based system will exit the New England Quality Care Alliance and create their own physician network called the Southcoast Health Network.
The program is modeled after a similar one from Maryland that covers only hospitals. The Vermont ACO will cover Medicare, Medicaid and commercial payers, requiring those who participate to pay similar rates for all services.
Penn State Hershey (Pa.) Medical Center and PinnacleHealth System, Harrisburg, Pa., abandoned their proposed merger in the wake of renewed regulatory opposition from the Federal Trade Commission.
The Massachusetts Association of Health Plans, a lobbying group that represents 17 health plans, has urged state regulators to reject a $1 billion expansion of Boston Children's Hospital.
Danville, Pa.-based Geisinger Health System has acquired Commonwealth Medical College, based in Scranton, Pa., offering the system a pipeline to future doctors.
Vermont has received tentative approval from the Obama administration to establish an all-payer reimbursement system for healthcare providers in the state starting in January.
The Service Employees International Union wants the attorney general of New Jersey to force a sale of five Prime Healthcare Services hospitals in response to a federal lawsuit against the hospital chain alleging it fraudulently billed Medicare.
ConnectiCare said it discussed its planned departure with state regulators and its beneficiaries and ultimately decided to stay in the ACA market. The company had earlier said it would leave in the wake of a state court's Sept. 9 rejection of the insurer's attempt to force through a proposed 27% average premium hike.
Health Republic Insurance of New Jersey will be placed in rehabilitation, which will allow current customers to continue to use their health insurance policies through year-end. The state Banking and Insurance Department said the co-op will advise clients on their 2017 options.
Eric Schneiderman's office is investigating Mylan over “potentially anticompetitive terms” in its sales contracts with school systems in the state. Such terms were discovered in a preliminary review by the attorney general's office, according to a news release.
The Pennsylvania Department of Human Services awarded a massive Medicaid bid last week to AmeriHealth Caritas, Centene Corp. and UPMC after delaying the decision for several months.