Capital Finance
During the keynote address at the KronosWorks 2012 conference in Las Vegas on Monday, Billy Beane, general manager of Major League Baseball's Oakland Athletics, explained to an audience of workforce management professionals how using analytics for hiring new employees is key for business.
Allscripts announced Thursday that its Q3 bookings were down 39 percent. In the wake of its poor performance, CEO Glen Tullman confirmed that the firm is considering "strategic alternatives" for a possible sale of the company.
While major stock indices absorbed their biggest single-day losses of the year Wednesday as investors came to grips with the post-election reality of the fiscal cliff -- amplified by fresh EuroZone worries -- most of the large, publicly-traded insurance stocks absorbed losses far in excess of those of the broader markets.
Capital raised by healthcare real estate investment trusts (HCREITs) continues to outpace other REIT categories, due primarily to investor interest in medical office buildings and senior housing, according to data released recently by financial and professional services firm Jones Lang LaSalle.
Proposals to allow for the sale of health insurance across state lines have long been touted as one way of effectively lowering the price of health insurance, particularly in states where there is a highly concentrated insurance market. The argument goes that resultant increased competition would encourage a state's existing health plans to lower prices in the face of the new market entrants.
It has been nearly 15 years since the Centers for Medicare & Medicaid Services (CMS) iced a controversial rule requiring home health agencies (HHAs) to obtain surety bonds, but a new report by the Office of Inspector General has raised the issue again.
WellPoint Inc. on Wednesday reported net third quarter income of $691.2 million -- $2.15 per share -- an increase compared with same period last year, when it reported net income of $683.2 million, or $1.90 per share. The third quarter increase marks the first time since the first quarter of 2011 the company has produced a quarterly earnings increase.
A study published last week by The Commonwealth Fund found that hospital sustainability efforts could save the healthcare industry up to $5.4 billion over five years and $15 billion over 10 years.
In a change of course that left a city and its healthcare community stunned, West Penn Allegheny Health System in late September announced it would look for a new buyer for the financially strapped health system saying insurer Highmark had breached its 2011 agreement to acquire it for $475 million.
Humana Inc.'s third quarter earnings call was filled with more than just financial results Monday, as it also announced the acquisition of three companies as the company looks to continue building its clinical delivery infrastructure.