Henry Powderly
Prime Healthcare on Tuesday wrapped up its $17.5 million purchase of the St. Joseph Mercy Port Huron hospital and several other facilities from Trinity Health.
While hospital merger and acquisition deals in the second quarter of 2015 slid when it came to volume, the total dollar amount of the deals jumped on a few major takeovers, according to new research by PricewaterhouseCoopers.
Partners HealthCare, one of the largest hospital operators in Massachusetts, this week opened its first walk-in urgent care clinic as more hospital operators rush to open clinics to provide better, more accessible care for pressing medical issues.
DaVita Kidney Care on Monday said it has formed a joint venture with a hospital chain in China specializing in kidney care as the global provider of dialysis services continues to expand its reach.
CMS said 15 out of the 20 organizations in the program generated a total of $120 million in savings, while the remaining five had spending above benchmarks. See the full performance data in the attached table.
Two Pioneer Accountable Care Organizations, Montefiore Health and the Banner Health Network, on Tuesday touted their success in generating savings for the Centers for Medicare and Medicaid Services ACO model. Though other organizations in the group found little reason to celebrate.
Shortly after the Centers for Medicare and Medicaid Services released its 2014 performance data for Medicare Shared Savings Program and Pioneer model accountable care organizations on Tuesday, healthcare experts and insiders took to social media to share their thoughts on the report.
While many accountable care organizations in Medicare's Shared Savings Program generated enough savings in 2014 to merit financial incentives, more than two-thirds fell below the payment threshold, the Centers for Medicare and Medicaid Services said on Tuesday.
Illinois-based RSA Medical provides analytics to health and life insurance companies that enables plans to identify medical conditions and other risk factors among enrollees and direct them to proper care.
A new report published in the American Journal of Managed Care found that just over half of MSSP ACOs shared plans on how they'll allocate savings.