Henry Powderly

Capital One will take over the healthcare finance arm of GE Capital in a $9 billion deal, the financial firm announced Tuesday night, turning a company known best for its "what's in your wallet" credit card business into a powerhouse in the healthcare lending sphere.

Overall, the median for cash on hand grew to 203 days, compared to 193.9 days in 2013, driven by strong investment returns, capital expense management and an aggressive focus on cash collection, the report said.

Newport's platform is already being used in LIJ's Lenox Hill Hospital, but under the deal it would also be installed at other LIJ facilities.

With Anthem set to buy Cigna and Aetna buying Humana, AHA executives sent a letter last week to the Department of Justice's antitrust division over concerns that consolidation among those largest payers could spell disaster for competition.

The site, ICD10Central.com, features key performance indicators including days to final bill, days to payment, denial rate and reimbursement rate for RelayHealth customers throughout the country.

Hospitals led with hiring, adding 15,700 jobs in the month, while ambulatory centers added 8,900 jobs, far less than the 22,000 jobs ambulatory centers added in June.

The worst-offending hospitals will see their Medicare reimbursements slashed by as much as 3 percent, though many on the list will be penalized less than 1 percent.

According to the company, the analytics service will be especially helpful as the ACO prepares to expand its value-based care model to other insurers and suppliers.

The companies said the deal will make them better able to improve their post-acute care services and create better value of care for their partner hospitals and clinicians, which in the age of value-based reimbursements will improve bottom lines for all involved.

Bank SNB and Texas Capital Bank will give Foundation a $10 million acquisition line of credit and an additional $10 million on an incremental basis.