Business Intelligence
Investors are more comfortable with healthcare than other sectors because it's less susceptible to fluctuating economic cycles.
Tenet's CEO said the exclusion of Humana patients had an adverse effect on the system, with adjusted patient admissions dropping when Humana patients were excluded.
Low out-of-pocket costs, prescription drug coverage and in-network access to providers were some of the factors.
Hahnemann and St. Christopher's were recently sold by Tenet Healthcare to American Academic Health System, a newly-formed affiliate of Paladin Healthcare.
Cleveland Clinic has made a total of $750 million in financial commitments to the new hospitals as part of their respective agreements.
Without a hospital, residents of Crockett, located 120 miles north of Houston, were 35 miles away along rural roads from the next closest hospital
Including the original founding members, Civica Rx now represents nearly 750 participating hospitals, the company says.
As of Jan. 1, in the name of transparency, the Trump administration required that all hospitals post their list prices online.
Growing other lines of business will also fuel growth for healthcare organizations but execs fear new reimbursement rules and regs and see challenges in recruitment.
Maria Lensing, vice president of global healthcare solutions at AT&T, says healthcare providers have a unique opportunity to use the data from these billions of devices to improve patient outcomes.