Accounting & Financial Management
Healthcare organizations lose up to $900,000 per day on downtime alone, data shows.
Risk-based contracts became a financial lifeline for a challenging payer mix in southern Oregon, says Chief Executive Chris Pizzi.
Medical cost trends continue to plague the company as CVS says investors should no longer rely on previous guidance.
Executives at the system level saw greater gains as compared to subsidiary hospital executives, survey shows.
UnitedHealth and now Elevance cite the Medicaid timing mismatch as a headwind to earnings.
A federal investigation uncovered a scheme to steer vendor contracts to medical supply companies in exchange for cash.
Earnings from operations of $8.7B include $0.3B in unfavorable cyberattack effects, company says.
Healthcare does not need a profit-driven approach to patient outcomes, but it does need private equity, says Vin Phan of Ankura.
The group says its action aims to protect consumers from predatory practices that can lead to inflated healthcare costs.
Norwood Hospital has not been part of the bankruptcy proceedings of Steward's 31 facilities nationwide.