Ascension saw its operating margin squeezed during the latter half of 2017 as a result of slumping admissions and revenue lost from divestitures. At the same time, the system has managed to draw more revenue per discharge.
New facilities, higher patient volumes and expanded access helped propel MetroHealth's 2017 finances to unprecedented levels.
Bumps in patient service revenue and provider activity lifted Partners HealthCare's operating margin in the first quarter of 2018.
The Texas system saw a strong first half for its fiscal 2018, including an operating margin of 8% compared with 4.7% in the first half of 2017. That comes after its profit grew 149% year-over-year in fiscal 2017.
Molina Project Japan recorded another loss in the fourth quarter of 2017 as the insurer's corporate restructuring plan and unpaid federal cost-sharing reduction subsidies ate away at its bottom line.
New York healthcare companies continued to attract hundreds of millions in venture-capital funding last year, but some private investors said they are growing more concerned that the investments aren't resulting in either mergers and acquisitions or initial public offerings.
This week's earnings reports are likely to keep up with the current pace of financial releases, as at least a few health systems and one major insurance carrier unveil their balance sheets.
Catholic Health Initiatives said a restructuring that's been years in the making is now paying off. The Englewood, Colo.-based not-for-profit almost broke even in its latest earnings release, following years of steep losses.
Oakland, Calif.-based Kaiser Permanente has its newest health plan acquisition in Washington state to thank for what might be its largest year-over-year revenue growth.
CVS Health's fourth-quarter earnings nearly doubled, fueled by a $1.5 billion tax benefit that will help the drugstore chain expand its growing role in customer care. It plans on pumping more money into data analytics to help track prescription drug use and monitor patients' blood tests.
The Louisville, Ky.-based insurer saw revenue grow in the fourth quarter, fueled by higher Medicare Advantage premium revenue. But its full-year 2017 revenue fell after it slashed enrollment in individual plans.
After a quarter of delayed contracts, Cerner Corp. has more than recovered, hitting record highs for deals closed in the fourth quarter of 2017. The EHR vendor's contract with the VA is still delayed and did not contribute to the record bookings.