Nashville-based Healthways Inc. has signed a five-year agreement to provide wellness services to Rocky Mountain Health Plans. The agreement covers programs to encourage health plan members to take better care of themselves in part by offering incentives such as lower insurance premiums.
Moody's Investors Service has upgraded Dallas-based Baylor Health System's debt rating, in part because of the hospital chain's expansion into Tarrant County has boosted its financial performance.
The departure of two executives from the West Penn Allegheny Health System in 2007 resulted in severance payouts of $2 million, weighing down the system's financial results for the first quarter of fiscal 2008.
Premiums for employer-based health insurance rose 8.3 percent in California in 2007, well ahead of the national gain of 6.1 percent, according to the annual California Employer Health Benefits Survey. The survey found that the 8.3 percent increase was more than double the state's inflation rate of 3.4 percent.
Cleveland Clinic has received a $5 million donation aimed at supporting continued innovation in healthcare. The gift, which establishes the Clinic's first chief executive chair, will allow the hospital to respond quickly to opportunities not covered in the general budget, said the Clinic's president and chief executive.
Almost 1.1 million Minnesotans can expect to spend more than 10 percent of their pretax incomes next year on healthcare, according to a report. For a quarter of those state residents, the cost will be more than 25 percent of pretax incomes.