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...
Hospitals’ August margins stay level despite high volumes
Though their margins have largely remained level, hospitals are starting to get a handle on length of stay and per-patient...
Last-minute IPPS update unwinds low wage index hospital policy
To comply with a summer court order, the Biden administration made a last-minute change to its inpatient rates that will...
Dems introduce bill boosting rural, safety-net hospital obstetrics pay
The chair of the Senate Finance Committee and several of his Democratic colleagues have introduced a bill that would increase...
Hippocratic AI banks $17M from Nvidia’s VC arm, other investors
Three months ago, startup Hippocratic AI released its first commercial product, a generative AI-based, task-specific healthcare agent. It also unveiled...
Lifepoint, Cadence tout success of RPM for rural patients
Remote physiologic monitoring company Cadence released data showing that rural patients at Lifepoint Health clinics who took part in Cadence’s...
HCA, UHS, Tenet aren’t worrying about Medicaid this November
As the country gears up for November elections, health systems say they are keeping an eye on, but not severely...
Mounting insurance expenses drag UPMC to $313M H1 operating loss
Pittsburgh-based UPMC’s operations are $313 million in the red (-2.2% operating margin) halfway through 2024, the integrated nonprofit system reported...
Chutes & Ladders—NAHC-NHPCO Alliance’s inaugural CEO and more
Welcome to this week’s Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the...
