FinanceQuorum Health Files for Chapter 11 Bankruptcy
The Brentwood, Tennessee?based hospital operator announced that it had entered into an RSA on a "pre-packaged plan" to reduce its...
FinanceS&P Report on Coronavirus: Global Recession is Here
S&P Global's chief economist says the data emerging from China shows that its economy was "hit far harder than projected."
FinanceS&P: Private Equity Hurts Healthcare Bond Ratings
With the increased likelihood of a recession this year, S&P says lower credit ratings for private equity-backed issuers may increase,...
FinanceCentene, Cigna, and Fresenius Among 2019 Winners and Losers
See which companies finished 2019 on a strong note and which ones struggled heading into 2020.
FinanceMagellan Revenues Slide 2%, Other Financials Strong
This was the first earnings report released since Kenneth Fasola was hired as the company's CEO.
FinanceMarket Correction Continues to Drag Healthcare Stocks
The worst week for the stock market since 2008 has had a negative impact on healthcare companies.
FinanceUHS Reports $11.3B in Revenues, Up 5.6% During 2019
The King of Prussia, Pennsylvania-based hospital management company also reported a net income of $814.9 million.
FinanceFor 2019, Tenet Posts $243M Net Loss
The Dallas-based for-profit hospital operator's net loss came one year after posting a net income of $108 million.
FinanceHow Hospital CFOs Will Invest This Year
CFOs are staying focused on opportunities for long-term investments that will benefit the bottom line and weather industry uncertainty.
FinanceCHS Posts $373M Net Loss in Q4, Full Year Revenues Dip 6.7%
In a bright spot, the health system did see its quarterly adjusted EBITDA rise to nearly $450 million.
FinanceHealthStream Finishes 2019 on a Financial Upswing
The Nashville-based healthcare company saw its quarterly and year-end revenues increase by at least 5%.
FinanceCommonSpirit Records $579M in Total Net Income
These were the first financials released since CommonSpirit Health Co-CEO Kevin E. Lofton announced plans to retire at the end...