Capital Finance
While reforms tied to the Affordable Care Act have most healthcare providers focusing on quality and efficiency, financial experts say the dramatic change in business model is driving improvement in credit ratings.
The Office of the National Coordinator for Health Information Technology has awarded Boston Children's Hospital approximately $275,000 to address the coordination of open information about market-ready electronic health records app solutions.
The union for healthcare workers at Parkview Community Hospital in Riverside, California, claims the hospital violated the terms of a $29 million U.S. Department of Housing and Urban Development loan by spending what could amount to hundreds of thousands of dollars on union busting.
J.B. Hunt Transport Services, a Fortune 500 transportation outfit, is giving $5 million to the ongoing Arkansas Children's Northwest construction project, with the hope of bringing expert pediatric care closer to home for more than 200,000 children.
New York-based private equity firm Welsh, Carson, Anderson and Stowe has signed on to provide financing to senior care company Innovage, which will allow them to expand their services and pivot from a nonprofit to a for-profit entity.
Following the completion of its spin-off from Community Health Systems, Quorum Health Corp. on Friday reported a net loss of $5 million in the first quarter of 2016, which ended March 31, the company announced this week.
Heritage, which invests in companies focused on building technologies to address the most pressing challenges in healthcare, beat its original fund target by $20 million and its prior Healthcare Innovation Fund by more than $50 million.
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.