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UHS grows profit, even as DOJ settlement fund hits $90 million

UHS grows profit, even as DOJ settlement fund hits $90 million

By Tara Bannow  |  October 25, 2018

Even as Universal Health Services added another $48 million to its reserve fund related to an ongoing Department of Justice investigation, the health system managed to grow its profit by nearly 22% in the third quarter.

Week Ahead: Kicking off earnings season

Week Ahead: Kicking off earnings season

By Rachel Z. Arndt  |  October 13, 2018

UnitedHealth Group leads the pack into earnings season with its third-quarter results. In the second quarter, the company reported both higher revenue and profit.

University Hospitals posts 5% revenue bump in first half of year

University Hospitals posts 5% revenue bump in first half of year

By Lydia Coutré  |  October 01, 2018

Cleveland-based University Hospitals' finances remained strong in the first half of the year despite a high-profile crisis with its fertility clinic last spring that some industry observers believed could have led patients to go elsewhere for their care.

Data Points: Hospitals re-balancing investment portfolios

Data Points: Hospitals re-balancing investment portfolios

By Modern Healthcare  |  September 29, 2018

Investment returns last year were the best since 2013 for the not-for-profit healthcare organizations participating in a survey released by the Commonfund Institute. But, the report says, reallocation of assets into more fixed-income investments may slow returns in the future.

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