FinanceMoody's: For-Profit Hospital Outlook Now Stable for 2021
The ratings agency attributed the outlook change to "improving business conditions" over the next 12 to 18 months.
FinanceFitch: Healthcare Has Stable Outlook for 2021
In addition to the outlook projection, the ratings agency stated that the "recession-resistant nature of demand" will help credit issuers...
FinanceCommonSpirit Reports $167M Operating Gain for Q1
According to a company press release, without CARES Act funding, the organization would have reported an EBITDA margin of 6%...
FinanceDaVita Commercial Revenue Dips, Volume Slides
The Denver-based dialysis company also acknowledged in its earnings report that it incurred $66 million in advocacy costs to "counter...
FinanceTenet: Q3 'More Challenging' Than Q2 Due to COVID Patient Surge
The Dallas-based for-profit hospital operator reported a quarterly net loss of $197 million.
Clinical CarePhysician Productivity Gains Offset Cost of Medical Scribes
The addition of two new patient visits per day or three returning patient visits was profitable for all specialists.
StrategyOld Drug Turned 'Cash Cow' as Company Pumped Price to $40K a Vial, Emails Show
The premium price when Mallinckrodt acquired H.P. Acthar gel was $31,626 for a single vial, after Questcor had hiked it...
FinanceMoody's For-Profit Hospital Forecast Holds Negative into 2021
The bond rating agency credited the for-profit hospital sector for its "rapid and aggressive responses to the pandemic" that included...
FinanceEdwards County Medical Center CFO on Rural Health Challenges During Pandemic
Throughout the COVID-19 pandemic, hospitals and health systems have had to find creative ways to address myriad challenges and, in...
StrategyPrime Healthcare Completes $350M Acquisition of Bankrupt St. Francis
The deal was finalized over the strong objections of healthcare unions.
FinanceHighmark Health Reports $9B in Revenue for First Half of 2020
The Pittsburgh-based payer-provider also reported operating gain of $590 million for the same period.
FinanceForward-looking Financial Processes for a Post-pandemic Landscape
The roundtable panel details diversifying the capital investment portfolio, the future of telehealth, and how the impact of widespread unemployment...