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...
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...
New bipartisan bill aims to block Medicare pay cuts to docs
Physicians and other healthcare practitioners may get a pay boost in 2025 through a bipartisan bill introduced in Congress on...
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...
Telehealth prescribing flexibilities may be extended by 1 year
The Drug Enforcement Administration is poised to extend pandemic-era telehealth prescribing rules for a third time. The agency sent a...
How HIV prevention stays out of reach for many
This story was reported in partnership with Uncloseted Media, a nonpartisan, investigative, LGBTQ-focused news publication. Twenty-year-old Dorian McCuller sat on his...
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...
