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Tag: finance


News

Ohio State researchers receive $9.1 million grant to explore new causes, treatments for heart disease

January 26, 2017

Via: The Medical News

More than $9 million in federal grants will help fund researchers in the Ohio State University Davis Heart and Lung Research Institute (DHLRI) and their collaborators across the university campus to investigate new causes and treatments for cardiovascular disease. The […]


Regulatory

Diabetes, heart disease, and back pain dominate US health care spending

December 28, 2016

Via: ScienceDaily Health

Just 20 conditions make up more than half of all spending on health care in the United States, according to a new comprehensive financial analysis that examines spending by diseases and injuries. The most expensive condition, diabetes, totaled $101 billion […]


News

Upbeat profit forecast boosts UnitedHealth shares to record high

November 30, 2016

Via: CNBC

Shares of UnitedHealth, the largest U.S. health insurer, rose as much as 3.95 percent to a record high of $158.12 on Tuesday after the company issued a better-than-expected earnings forecast for the coming year. The stock ended the day slightly […]


Regulatory

Theranos Competitor Genalyte Nabs $35M for One-Drop Blood Test

November 22, 2016

Via: HitConsultant

Genalyt, a San Diego, CA based startup has raised $36 million in funding led by Khosla Ventures and Redmile Group to expand its one-drop blood test platform, Maverick™ Detection System.Founded in 2007, the Theranos competitor leverages proprietary silicon chip containing […]


News

Nonprofit hospitals may drive up healthcare costs

November 16, 2016

Via: FierceHealthcare

Are nonprofit hospitals driving up costs throughout the healthcare sector? Yes, says Robert M. Doroghazi, M.D., a Missouri physician, in a piece (PDF) in the American Journal of Medicine. Doroghazi, who is the publisher of the Physician Investor Newsletter, noted that seven of the 10 most […]


Regulatory

Here’s how much your Medicare premiums will rise in 2017

November 15, 2016

Via: CNBC

Premiums for Medicare Part B will rise by a modest amount in the new year. The average premium for Part B, which covers physician services, outpatient hospital services and medical equipment, will rise to approximately $109.00 for most retirees, according […]


Regulatory

Federal tab for insurance subsidies may boost scrutiny of provider competition

November 4, 2016

Via: Modern Healthcare

With a string of comeback wins, the Federal Trade Commission has proved it’s still capable of foiling healthcare consolidation it deems out of bounds—even though most of the deals it fights these days are wrapped in the flag of reform. […]


Regulatory

Pfizer net plunges 38%, misses Q3 forecasts

November 2, 2016

Via: Modern Healthcare

Drugmaker Pfizer topped off a difficult third quarter with news that it’s scrapping a closely watched experimental cholesterol drug, partly due to expectations insurers would limit access so much that it wouldn’t make much money, a possible bad omen for […]


Regulatory

CMS to slash $130 million in Medicare home health pay

November 1, 2016

Via: Modern Healthcare

Home healthcare agencies will see a 0.7% drop in Medicare reimbursement in 2017, the final year of cuts meant to recoup previous overpayments. The finalized rates means Medicare would pay home health agencies $130 million less next year than in […]


Regulatory

Trinity Health suffers from costly Medicare Advantage claims, soaring labor and supply costs

October 27, 2016

Via: Modern Healthcare

Livonia, Mich.-based Trinity Health ended its fiscal year with lower-than-average margins that were dragged down by costly medical claims from its Medicare Advantage plans and increased labor and supply costs. The not-for-profit Catholic health system reported a massive $65.3 million […]


Regulatory

New York city giving a boost to health care startups

October 19, 2016

Via: Modern Healthcare

Four digital health startups are getting a leg up through a new city-sponsored program that allows them to test their concepts by connecting them with patients and providers. The Digital Health Breakthrough Network is a partnership of the city’s Economic […]


Uncategorized

Top 5 forces shaping the future of healthcare

September 23, 2016

Via: HealthcareITnews

PricewaterhouseCooper’s Health Research Institute named the five most impactful trends sculpting the future of healthcare as we know it. Those are: consumerism, digitization of the healthcare industry, system decentralization, the shift from and volume to value and wellness. While some […]


Regulatory

Troubled hospital giant CHS looking to sell its business

September 19, 2016

Via: Modern Healthcare

Troubled Community Health Systems is considering selling its entire business, according to various reports Friday.Quoting anonymous sources “with knowledge of the matter,” Bloomberg said hospital giant CHS had enlisted advisers to consider options. Deliberations are in the early stages and […]


Innovation, Patient Experience

Report finds medical products influence patient satisfaction

September 16, 2016

Via: Modern Healthcare

Patient satisfaction isn’t just about the way patients are treated by physicians and staff. The equipment and products used in healthcare facilities can have a significant impact on patient opinion, according to an industry report. Patients’ biggest gripe with providers […]


Regulatory

Spending on hospitals, outpatient providers picks up in Q2

September 13, 2016

Via: Modern Healthcare

The amount of money insurers and payers spent on hospitals, doctor office visits, outpatient centers, labs and other healthcare providers increased 6.7% in the second quarter of 2016 compared with the same period a year ago, according to data from […]


News

3 strategies to save money on hospital drug costs

September 2, 2016

Via: Healthcarebusinesstech

The cost of prescription drugs is one of the most difficult expenses to manage for many hospitals, and prices are steadily rising – even for generics. To get medication spending under control, facilities must consider unique strategies and solutions. An […]


Regulatory

Taxpayers will cover 70% of healthcare spending in California

September 2, 2016

Via: Modern Healthcare

About 71% of healthcare spending in California this year will be covered by taxpayers, according to a new report (PDF). The study, published by the UCLA Center for Health Policy Research, found that of the $367 billion to be spent […]


Uncategorized

Big Data Startup Innovaccer Lands $15.6M for Integrated Care Framework

August 16, 2016

Via: HitConsultant

Innovaccer, a Silicon Valley based big data startup has raised $15.6 million in Series A funding led by Westbridge Capital Partners with participation by other angel investors. The company plans to utilize the latest round to expand its footprint in […]


Regulatory

Price transparency eludes consumers in 43 states

July 27, 2016

Via: Modern Healthcare

Just seven states achieved a passing grade for making usable healthcare price information available to consumers, a new study finds. The other 43 states failed at price transparency because they didn’t collect claims data from all payers or they failed […]


Regulatory

California will get nearly $2 billion in uncompensated-care funds

July 20, 2016

Via: Modern Healthcare

For the next four years, the CMS will give California’s public hospitals up to $472 million annually to cover hospital visits for the uninsured as part of a waiver (PDF) meant to reform the state’s Medicaid program. State officials were […]