The Cleveland Clinic saw its operating income spike 47% to $390 million, according to numbers released Wednesday during the annual State of the Clinic address. The system’s revenue rose 18% last year to just shy of $11 billion.
For years, the hospital in this small, south Georgia city was in grave financial trouble. Like other rural American hospitals, Cook Medical Center was saddled with an outdated building, trouble recruiting doctors and a patient population short on health insurance.
Shopping around -- and opting out of your health insurance -- can sometimes help you pay less for certain treatments and procedures at hospitals and clinics. A Bay Area data scientist and mother shows us how it works. The idea came after Joanne Rodrigues-Craig's daughter got sick.
After returning to Miami last month from a work trip in China, Osmel Martinez Azcue found himself in a frightening position: he was developing flu-like symptoms, just as coronavirus was ravaging the country he had visited.
The chief financial officer of Cook County Health is out in the latest leadership shakeup for the health system. Ekerete Akpan joined Cook County Health in 2015. In November, the Board of Cook County Health voted to oust Dr. John Jay Shannon, the CEO of the county’s health arm.
Some of the largest health insurers are capitalizing on recent massive deals by steering patients toward clinics they now own, controlling both delivery and payment for health care. The trend creates worries for rival doctor groups and hospital companies that have invested deeply in buying up physician practices, which now increasingly compete against offerings from insurers.