Capital Finance

As providers face declines in reimbursement from commercial plans, they are seeing more patients covered under the lower-reimbursement rates for Medicaid and Medicare.

Medicaid expansion, and the rise of insured populations seeking care at the for-profit company's 200 hospitals, pads balance sheet for the Tennessee-based healthcare provider.

The economic recovery has been a major driver, but the increase in the number of people insured through the Affordable Care Act and Medicaid expansion is likely having the biggest effect.

It's been a good few years for the investment portfolios at U.S. health systems. Unfortunately, the comfortable ride is probably about to end.

Net income for Brentwood, Tennessee-based LifePoint increased 5 percent year-over-year to $38.9 million, as revenue surged 25 percent to $1.2 billion.

The health system is losing around $6 million a month, and may or may not be able to find a buyer after for-profit hospital chain Prime backed out of an $843 million takeover deal.

Tax deals and donations were not enough to keep the facility open.

The new building will house most pathology test and biopsy processing and will unite in one facility the more than 450 faculty and staff who currently work in 10 locations.

Same-facility admissions at HCA's 165 hospitals increased 5.1 percent in the first quarter, same-facility equivalent admissions grew 6.8 percent, and same-facility emergency room visits increased 11.5 percent, while revenue per equivalent admission increased 1.6 percent.

CEO Ram Raju wants to grow the health system's patient base to 2 million people and double the enrollment of its Metroplus health plan.