Capital Finance
Kaiser Foundation Hospitals and Health Plan last week reported a combined total operating revenue of $11.1 billion for the third quarter of 2010, compared to $10.5 billion in the same period in 2009.
NextGen Healthcare Information Systems of Horsham, Pa., has announced a partnership with Philadelphia-based InstaMed to offer healthcare providers payment assurance through InstaMed's healthcare payments platform.
WellPoint's third-quarter net income has exceeded company forecasts, due in part to operational efficiencies and less need for the insurer's services.
The Tenet Healthcare Corporation this week reported adjusted earnings of $203 million for the third quarter of 2010, a decrease of $37 million, or 15.4 percent, compared to $240 million for the third quarter of 2009.
The Department of Health and Human Services will provide competitive funding for states to design and implement the information technology infrastructure needed to operate health insurance exchanges.
Subsidiaries of long-term care giant Kindred Healthcare have signed an agreement to acquire Signature Health Services, LLC, a home health company in Ohio.
The Cardinal Health Foundation of Dublin, Ohio, has announced a call for entries for its E3 Grant Program, offering more than $1 million in grant funding to help U.S. hospitals, health systems and community Health clinics improve the efficiency and quality of care.
McKesson has bolstered its cancer care platform with the purchase of US Oncology, a Woodlands, Texas-based developer of clinical tools, guidelines and care pathways for doctors and others in the field of cancer-related healthcare.
The Johns Hopkins Health System is acquiring Sibley Memorial Hospital in Washington, D.C., a move designed to boost the Baltimore-based health system's exposure in the nation's capital and give Sibley some much-needed resources and financial stability.
After a period of capital budget cuts and spending freezes, hospitals may be seeing a thaw in capital expenditures.