Capital Finance
Honolulu's Kuakini Medical Center was anticipating an enormous capital investment to upgrade its energy systems, when a golden opportunity came along.
Squeezed budgets make it difficult to finance hospital equipment, so hospitals are turning to flexible equipment financing as a solution.
Cigna reported solid revenue growth in 2013 but the insurer plans on being proactive in order to curtail rising costs.
When hospitals merge, the focus tends to be on how much will go to pay off debt and how much will be reinvested in capital improvements. But little notice is paid to a by-product of such transactions - the creation of charitable foundations.
Humana reported a fourth-quarter loss, but, remaining positive about 2014, reaffirmed its financial outlook for the upcoming year.
Among the sectors of the healthcare industry with strong transactions last year were the pharmaceutical sector (151 deals) and the long-term care sector. Long-term care set a record for the sector with 223 deals.
High membership utilization results in a rise in operating revenue.
Most bankrupt hospitals didn't have "a bad year" that caused the financial difficulty. They were in a downward trend that was ignored.
Community Health Systems, Inc. completed its $7.6 billion acquisition of Health Management Associates on Monday. The Franklin, Tenn.-based hospital chain is now the largest in the country, measured by sheer number of facilities owned and operated.
Back in the early 2000s, Mid-State Health Center was in dire need. The new CEO knew something had to be done immediately, but the facility didn't have access to appropriate funding. So, the CEO got creative.