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Rush University Medical Center's revenue rises 7.2%
By Adam Rubenfire | October 29, 2014 | Basic Web Basic Web Subscription Details
Revenue increased 7.2% at Chicago-based Rush University Medical Center from fiscal 2013 to 2014, thanks to strong outpatient and physician practice plan revenue and increased volume in several service lines.
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News
Fighting Ebola with transfusions raises more questions than it answers
By Steven Ross Johnson | October 29, 2014 | Basic Web Basic Web Subscription Details
The international health community has begun to consider the use of a decades-old, largely unproven therapy—transfusing blood plasma from recovered patients—as a potential weapon in its arsenal against Ebola.
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Deal-hungry Acadia Healthcare gobbles down another one
By Beth Kutscher | October 29, 2014 | Basic Web Basic Web Subscription Details
Acadia Healthcare Co., a Franklin, Tenn.-based operator of behavioral health hospitals, posted a 76.8% increase in net income in the third quarter and announced that it is about to get even larger.
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MedAssets see positive Q3 results on increased fees
By Jaimy Lee | October 29, 2014 | Basic Web Basic Web Subscription Details
The Alpharetta, Ga.-based provider of group purchasing and revenue-cycle management tools and services reported that revenue rose 5.6% to $175.7 million in Q3, and net income went up 12.1% to $7.7 million.
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News
Will the Supreme Court accept the Obamacare subsidy challenge Friday?
By Lisa Schencker | October 29, 2014 | Basic Web Basic Web Subscription Details
If the justices agree to take the case, it could introduce an unexpected issue into next Tuesday's elections over the future viability of the healthcare reform law.
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News
Universal American sees gains from ACOs, finally
By Melanie Evans | October 29, 2014 | Basic Web Basic Web Subscription Details
Universal American, a publicly traded health insurance company that operates more than two dozen Medicare accountable care organizations, Wednesday reported its first quarterly revenue and profit from the business after nearly three years and an investment of more than $82 million in it.
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McKesson sees rebound in acquisition, gains from hep C drug distribution
By Rachel Landen | October 29, 2014 | Basic Web Basic Web Subscription Details
McKesson Corp.'s earnings rebounded during the second quarter of its fiscal year as its Celesio acquisition and growth in market share helped the San Francisco-based company realize $469 million in net income. Being an authorized distributor of Sovaldi likely helped as well.
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News
Federal judge blocks new HHS workaround for birth-control coverage
By Lisa Schencker | October 29, 2014 | Basic Web Basic Web Subscription Details
A federal judge in Florida on Tuesday jumped into the latest round in the legal wrangling over a Patient Protection and Affordable Care Act provision involving birth-control coverage and how it applies to religious institutions.
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News
Providers should focus on health IT safety, CHIME speakers advise
By Darius Tahir | October 29, 2014 | Basic Web Basic Web Subscription Details
Providers should plan to demonstrate patient-safety benefits attributable to their increasing use of healthcare technology, said experts at a panel at the College of Healthcare Information Management Executives fall meeting in San Antonio.
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News
WellPoint raises outlook as Medicaid enrollment booms
By Bob Herman | October 29, 2014 | Basic Web Basic Web Subscription Details
Despite a drop in year-over-year profit, health insurer WellPoint bumped up its earnings guidance for the rest of the year, and Medicaid was a major growth engine.
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