Capital Finance
Citing continued sluggish increases in healthcare utilization, Aetna yesterday posted a third quarter profit of $523.2 million, or $1.55 per share, a per share increase of 11 percent over the third quarter of 2011 when the company posted profits of $1.40 per share.
Independent doctors, before you hit the panic button and become employed by a hospital, take a deep breath. There are alternative options out there.
Some 40 percent of C-suite respondents to a survey on measuring the return on investment of their EMR technologies said they're using performance measures, according to a recent report from management consulting firm Beacon Partners, but just 36 percent said they're satisfied with the extent to which the data is used to measure the value brought to their organization.
We hear a great deal about healthcare consolidation today. The truth is, it has been happening in earnest for two to three years already, and it isn’t showing any signs of slowing down.
An internship program can provide healthcare organizations with a competitive advantage, said Craig Nesta, JD, a practice management consultant and assistant professor at Boston University's School of Public Health, during a session Tuesday at MGMA-ACMPE's annual conference in San Antonio.
Think the transition to ICD-10 is just learning a bunch (a real big bunch) of new codes? Think again. A session held Oct. 22 during MGMA-ACMPE's annual conference in San Antonio laid out the impact of ICD-10 on physician practices and how they can prepare for it on the cheap.
Venture capital and M&A activity in the health IT sector remained strong in Q3 2012, according to a survey conducted by Mercom Capital Group. Health information management companies received the most funding as a technology group with $101 million in 20 deals, followed by mobile health companies with $39 million in seven deals and social health network companies with $26 million in four deals.
Showing it is forging ahead to build a healthcare network that will eventually not include UPMC, Highmark earlier this week committed $65 million to acquire Erie, Penn.-based St. Vincent's Health System.
According to a PwC Saratoga report on human capital effectiveness in the United States, organizations across a variety of industries, including the hospitals sector, continued to control costs and manage an evolving workforce in 2011. Organizations also experienced increases in turnover and continue to struggle with quality of hire and high performer retention.
Exceeding some Wall Street expectations, Minnetonka, Minn.-based UnitedHealth Group reported third quarter earnings of $1.50 a share and projected 2012 net earnings of $5.20 to $5.55 a share, up from July projections of around $5.