Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare NYC Health and Hospitals sees operating loss soar 12:01:00 AM NYC Health and Hospitals' operating loss leaped to $263.6 million during the first quarter of its fiscal year as patient revenue declined and operating expenses edged upwards. Hochman to lead new parent of Providence and St. Joseph Health Wednesday, November 25, 2015 5:00 PM Catholic providers Providence Health & Services and St. Joseph Health System have moved closer to creating a new, single organization that will operate 43 hospitals in six states. The new parent organization will be led by current Providence CEO Dr. Prices for dermatologic drugs surge Wednesday, November 25, 2015 2:22 PM The retail prices of 19 brand-name prescription dermatology medications have increased an average of more than 400% over the past six years, according to a study. Those findings are sure to add support to the growing public discord over the rising... Virginia hospitals improve finances, lose bargaining chip for Medicaid expansion Wednesday, November 25, 2015 2:14 PM Hospitals in Virginia have lost major ammunition in their push to expand Medicaid. In September they launched a campaign to highlight their influence on the state economy and the need for legislative relief for their financial struggles. But new... Two Ohio health systems to create new clinically integrated network Wednesday, November 25, 2015 12:00 PM Cincinnati-based Mercy Health and Akron, Ohio-based Summa Health will jointly contract for accountable care with health plans under a newly created clinically integrated network with broad geographic reach in the state. Reading Health Physician Network gets new CEO Wednesday, November 25, 2015 12:00 PM Dr. Amit Powar has been appointed CEO of Reading Health Physician Network. The network is a part of the Reading Health System in West Reading, Pa. Orlando Health sees rise in annual surplus despite fourth-quarter setback Wednesday, November 25, 2015 11:06 AM A spike in earnings from Medicaid patient visits did little to soften the blow to Orlando Health's operating margin in its fourth quarter, which was down 85% from the year-ago. The Orlando, Fla.-based not-for-profit saw its operating margin for the...

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