Business Intelligence
Community Health Systems net operating revenue for 2015 jumped by more than 4 percent to $19.4 billion, an $800,000 million increase over the same period in 2014 when that year's net operating revenue totaled $18.6 billion, according to CHS's financial statement released on Feb. 15.
Health spending grew just 4.9 percent from December 2014 to December 2015, continuing a steady decline from a peak of 6.8 percent in February 2015, according to research and consulting group Altarum Institute. But for 2015 as a whole, health spending growth averaged 5.9 percent, the highest rate since 2007, the year preceding the recession.
Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their subsidiaries reported a $1.2 billion decrease in profit year over year, according to their 2015 annual and fourth quarter financial results.
West Coast retail clinic operator Zoom+ on Monday opened its 32nd facility, as the provider of on-demand healthcare continues to grow amid surging interest in retail healthcare.
As taxi companies like Uber and Lyft continue to pick up billions in funding, the surging interest in similar on-demand services is trickling over to healthcare startups.
Pennsylvania-based Independence Blue Cross' announcement that it will cover a complex type of genetic testing for some cancer patients thrusts the insurer into an ongoing debate about how to handle an increasing array of these expensive tests.
According to a recent Gallup poll, the medical professionals who take care of us when we are injured and sick, specifically nurses, medical doctors and pharmacists, are the most honest and ethical professionals in the workforce.
Healthcare clinic operator Zoom+ is growing the list of specialized medical services they provide at their Advanced Care Studio in Portland, Oregon, with the addition of gynecology and dermatology services, the company announced in a statement.
Poor communications, revenue cycle deficiencies held back point-of-service collections, director Scott Urlich says, and it needed to be fixed.
The Nasdaq Biotechnology Index and Standard & Poor's Health Care Index both posted their worst opening day of trading in years on Monday, despite the added attention the sector got with the start of the J.P. Morgan Healthcare Conference in San Francisco.