Capital Finance
Deal brings together the community-based focus of WellStar with Emory's prestige in academic medicine.
St. Luke’s Health System in Boise, Idaho violated antitrust laws when it bought a large physician practice in 2012, according to an appeals court ruling Tuesday.
Last year was another big one for hospital mergers and acquisitions, a new report suggests, as healthcare providers continue to see consolidation as a key financial strategy for surviving industry reforms.
Company will use cash from its initial public offering to pay off debts and regain its footing as a for-profit company.
The list of tools insurers use to spread risk tends to get longer every day. Sometimes there's an opportunity for the list to grow wider, and not longer, by finding new value in the tools and resources already being used.
Health system leveraged the processes for controlling finances, listening to staff and investing in new technologies to help it better support patients' needs and bring in more revenue.
Admissions and emergency visits both grew in the last quarter of 2014.
Executives say discussion have been going on for more than a year.
The company will serve more than 5,200 health system members and affiliates and more than 118,000 non-acute healthcare customers.
State judge says provision was not in public interest since it would allow the healthcare provider to grow too big.