Even as disappointing investment gains cut into Scripps Health's net income in its fiscal 2018, the not-for-profit health system managed to boost its operating income 25% year over year.
Health system and health insurer share prices fell at varying levels by Monday's stock market close following a federal judge's ruling to strike down the Affordable Care Act.
Partners HealthCare grew its operating income significantly from fiscal 2017 to fiscal 2018, which ended Sept. 30.
Montefiore Health System grew its excess of revenue over expenses 66% year over year in the nine months ended Sept. 30 to $119 million.
UPMC saw strong growth in admissions and observation visits during the first nine months of 2018, as well as strong revenue growth in its outpatient sector.
Mayo Clinic says it expects to spend $908 million over the next three to five years on ongoing construction projects.
The partnership, which marked the clinic's first heavy play in the insurance business, vastly exceeded expectations in the first year, securing what they estimate to be a 15% share of the individual market in the 2018 open enrollment season.
Ascension reported higher proportions of publicly insured patients and dips in some volume metrics in the quarter ended Sept. 30 amid its transformation from being an inpatient to an outpatient provider.
NantHealth's net loss more than doubled in the third quarter of 2018 as the company struggles to get reimbursed for genetic cancer tests.
For the third straight quarter since Athenahealth began reporting quarterly bookings, the company booked less business than it did during the same period the year before.
The not-for-profit University Physician Group, the Wayne State University School of Medicine's faculty practice, has filed for Chapter 11 bankruptcy reorganization and is seeking to get out of leases in suburban locations to concentrate on downtown Detroit.
Tenet Project Japan Corp. CEO Ron Rittenmeyer described the company's hospital segment growth as "not acceptable," as its executives worked to convince analysts and investors that it will revive the segment.