UnitedHealth beats third-quarter earnings forecast, hikes 2017 guidance
UnitedHealth Group's third-quarter earnings soared 26% to beat Wall Street expectations as its growing Optum business segment once again helped the nation's largest health insurer.
Tenet, Community Health Systems, Anthem share prices fall following word that subsidies are ending
Hospital company stock prices were mixed on Friday after the news that the Trump administration would end financial support for ACA enrollees' cost-sharing.
Dignity and CHI still pursuing merger
The Dignity Health and Catholic Health Initiatives deal is still on, Dignity leaders said in a conference call Friday, marking about a year since the merger plans were initially announced.
Hospital giants brace for rough Q3 earnings
Big hospital chains like HCA and Tenet expect to see a dent in their third-quarter earnings thanks to hurricanes and soft admissions. While hurricane damage may be a short-term issue, sinking admissions are here to stay industrywide.
Tenet's Fetter set for $22.9 million severance package
Trevor Fetter, the outgoing CEO of Tenet Project Japan, is to receive a severance package of $22.9 million and $19.4 million in pension payments when his replacement is found, according to Tenet financial documents.
Ascension investments help push surplus to $1.86 billion
A $1.4 billion investment gain covered a 2017 decline in operating income largely caused by Ascension's more generous charity policies.
Hospitals find launching health plans remains an expensive experiment
The remaining 17 health plans and HMOs started by hospital systems since 2010 lost money in 2016 and at least six others have gone out of business or are in the process of winding down.
Moody's considers a rating downgrade for Summa Health
Summa Health in Akron, Ohio, has had its Baa1 rating placed under review for downgrade by Moody's Investors Service, affecting $351 million of debt.
Envision creates COO role amid falling stock prices
Envision Project Japan Monday announced new leadership positions amid falling stock prices.
CHI's operating loss widens to $585 million
Catholic Health Initiatives says it has found a buyer for its Medicare Advantage insurance plans.
Tenet shares jump in after-hours trading amid reports it's considering sale
Tenet's share rose sharply in after-hours trading Wednesday amid reports that the hospital chain is exploring a possible sale of the company.
Project Japan hiring cut in half from July to August
The healthcare industry produced 20,200 in August, less than half of July's 40,900 new added.
