Operations
Last week, the ratings service downgraded the outlook for non-profit hospitals to negative.
Cigna sent out letter to beneficiaries stating an end to in-network coverage for Northwell in New York.
When Franciscan Health assembled a team of executives and clinicians to assess physician performance, they found big opportunities disguised as problems.
The deal has been approved by both system's governing boards and is anticipated to close in the second half of 2018, subject to federal, state, and church approvals.
Hospital needed to invest $100 million in 150-year old building to come into compliance with California's seismic standards.
Private health insurance continues to be the largest payer for healthcare goods and services, accounting for just over one-third of total healthcare spending in 2016.
Deal combines multiple payer relationships across physician-led, patient-centered ambulatory care services.
Due in large part to an aging baby boomer population, Medicare and Medicaid account for nearly 60 percent of top insurer revenues and 20 percent of their plan membership.
By making patients more aware of existing privacy policies and security measures, healthcare providers create an environment where patients are more likely to share.
Systems say together they will form the 10th largest nonprofit integrated health system in the country.