High labor costs challenge hospitals
Though hospital performance has remained relatively stable, high labor costs continue to challenge hospitals’ bottom line, according to September figures...
DOJ sues to block UnitedHealth’s $3.3B acquisition of Amedisys
The Department of Justice (DOJ) filed suit Tuesday to block UnitedHealth’s $3.3 billion acquisition of home health company Amedisys, arguing...
Cencora to buy Retina Consultants of America in $4.6B deal
Drug distributor Cencora plans to buy Retina Consultants of America from Webster Equity Partners in a $4.6 billion deal. RCA...
General Catalyst’s HATCo to buy Summa Health for $485M
Venture capital firm General Catalyst’s Health Assurance Transformation Corporation (HATCo) signed a definitive agreement to buy Summa Health for $485...
Clover Health pushing for growth, shows 74% net income boost
Medicare Advantage insurer Clover Health believes its AI assistant platform has positioned the company toward success next year. Just months...
CMS finalizes 2.9% pay bump for hospital outpatient facilities
Under a final rule issued by the Centers for Medicare and Medicaid Services, outpatient hospital facilities and ambulatory surgical centers...
Universal Health Services beats on revenue, misses on earnings
Universal Health Services (UHS) beat analysts’ estimates for third-quarter revenue as its top line grew 11%$3.963 billion to reach $3.96...
HCA bracing for $200M hurricane-related financial hit in Q4
HCA Healthcare took a $50 million financial hit in the third quarter due to the impacts of the back-to-back hurricanes...
Higher expenses, payer denials blunt CHS’ Q3 earnings
Community Health Systems, a 69-hospital system, posted $3.09 billion in third-quarter revenue, up slightly from a year ago, thanks to...
Blue Cross plan accused in ‘ghost network’ class-action lawsuit
Anthem Blue Cross Blue Shield of New York’s directory of doctors is thoroughly inaccurate and forces patients to seek costly...
