Henry Powderly

Several teaching hospitals raked millions in payments from device and drug manufacturers in 2014, according to new data from the Centers for Medicare and Medicaid Services released Tuesday that showed drug and medical device makers made close to $6.5 billion in payments to healthcare providers in 2014.

Under terms of the deal, the companies will build a new, freestanding center for the 40-bed Bernsen Rehabilitation Center in Tulsa.

Consolidation of managed care businesses has been steady going back to 1994.

Most organizations support the 6-3 vote to preserve federal subsidies.

According to the U.S. Department of Justice, DaVita devised a scheme to maximize the amount of drugs it waste, billing Medicare for the price of the dose and the waste.

Prepayment, patient engagement and clear estimates are a success for St. Luke's Health System.

Ian Morrison tells insiders at the Healthcare Financial Management Association's 2015 Annual National Institute that U.S. systems have to reconcile costs to improve value.

As hospitals see revenue squeezed, many also face pressures to raise prices even though consumers watch costs closely, Ernst & Young consultants tell a crowd at the Healthcare Financial Management Association 2015 Annual National Institute.

Speakers at the Healthcare Management Association 2015 Annual Institute warn providers to embrace models like capitation, accountable care and bundled payments.

According to iVantage, these hospitals excel at managing risk, achieving high quality, outcomes and patient satisfaction while running on lower reimbursements and charges than their peers.