Capital Finance
U.S. Department of Health and Human Services Secretary Sylvia Burwell announced Wednesday that over $260 million in funding will be dispensed to 290 health centers in 45 states, the District of Columbia, and Puerto Rico. The funds are primarily for facility renovation, expansion, or construction.
The report is intended to reveal multiple inefficiencies in how large U.S. businesses manage their expenses.
Anthem's first quarter profit fell 18.7 percent from $865 million in the first quarter of 2015 to $703 million for the first three months of 2016, the company disclosed Wednesday.
Northwell Health has received a $500,000 grant from New York state to help find ways to save several struggling hospitals in Brooklyn. But according to the health system, that doesn't include Northwell buying or partnering with those troubled facilities.
Seventy-three nonprofit hospitals and medical organizations nationwide will share in a $3.2 million grant by Southwest Airlines that funds roundtrip air travel for specialized medical care to families who need it.
The first quarter of 2016 saw $1.4 billion in venture capital funding and the most merger and acquisitions transactions in a single quarter to date, according to Mercom Capital Group.
National health spending in February was 4.8 percent higher than spending during the same month in 2015, according to a new report by the Altarum Institute, marking the fourth consecutive month in which spending growth has been below 5 percent.
A group of researchers has proposed a method for making expensive treatments for cancer, hepatitis C and other rare diseases more affordable: healthcare loans. They effectively work like a home mortgage and spread out payments for expensive treatments over time.
The Mayo Clinic's Florida campus will invest $100 million in major construction projects, with the first one slated to begin this summer. The world-renowned health organization will start the build on what it calls a "destination" medical building, providing integrated services for complex cancer, as well as neurologic and neurosurgical care.
Real estate investment trusts are hoping to bounce back from a rough, and somewhat puzzling, reversal of fortunes in 2015, though investors are already lining up to support companies dealing in healthcare deals.