Henry Powderly

Michigan-based Trinity Health Care on Wednesday said it will acquire Saint Francis Care, a three-hospital system based in Hartford, Connecticut, for an undisclosed sum.

Colorado-based Catholic Health Initiatives saw its credit rating cut this week when Standard & Poor’s dropped it from a A+ to an A over first quarter losses.

More than $665 million will be distributed to states around the country to test new service and payment models, the U.S. Department of Health and Human Services said Tuesday.

San Francisco-based healthcare services company McKesson Corp. said it has launched a venture fund to invest in healthcare companies, targeting firms that plan new products tied to the growing consumerism within healthcare.

More than 50 accountable care organizations across the United States took in millions in incentive payments in 2014 after exceeding savings benchmarks set by the Centers for Medicare and Medicaid Services.

A $1.1 trillion Congressional spending deal approved Wednesday night includes millions for healthcare related services, but holds spending on programs tied to the Affordable Care Act.

Healthcare hiring continued to grow in November 2014, according to the U.S. Department of Labor, with businesses across the sector adding nearly 29,000 jobs in the month.

Hundreds of community health centers will receive more than $36 million from the U.S. Department of Health and Human Services for achievements in quality of care or the use of electronic health records.

Credit ratings agency Moody’s issued a negative outlook on U.S. nonprofit hospitals in 2015, as smaller hospitals continue to weaken amid changes to the industry.

Connecticut's state hospitals saw their profit from operations fall by about 35 percent in fiscal 2013, a new report shows, while income from non-operational means increased by the same amount.