Category: “Healthcare”

The new Beaumont system will account for about 30% of the Detroit market, based on hospital inpatient and outpatient services, where it competes with Henry Ford, Detroit Medical Center and St. John Providence Health System. “On a geographical analysis, these three organizations are very compatible and help create a much more comprehensive geographic coverage for the region.”

Volumes are down as much as 7%. All three credit-rating agencies have a negative outlook on the not-for-profit healthcare sector. Only 84.4% of provider organizations operated in the black last year, down sharply from the 89.2% that had positive results in 2012 and even below the 86.9% of providers that posted positive results in 2011. At the same time, costs are rising as providers invest in the new technology and care-coordination staff needed to participate in healthcare reform's new payment models.

Rite Aid is the third largest drugstore retailer in terms of number of stores after Walgreen and CVS. Rite Aid’s sustained focus on enhancing pharmacy and clinical services through the recently initiated Rite Aid Health Alliance or its Wellness+ customer loyalty program, along with the remodeling of its wellness stores bode well for future growth.

Information compiled by data brokers from public records and credit card transactions can reveal where a person shops, the food they buy, and whether they smoke. The largest hospital chain in the Carolinas is plugging data for 2 million people into algorithms designed to identify high-risk patients, while Pennsylvania's biggest system uses household and demographic data.

Resolute Health Hospital is Tenet’s 79^th hospital and its 19^th in Texas. Last month, Tenet announced plans with Texas Tech University Health Sciences Center to build a new teaching hospital in El Paso, due to open in late 2016. And earlier this month, Tenet completed the acquisition of Texas Regional Medical Center, a 70-bed hospital in Sunnyvale, Texas.

The University of Michigan Hospitals projects higher financial results for 2014

Across the country, a historically fragmented hospital market is organizing around a select group of for-profit and not-for-profit systems. And that means competition has increased for fewer acquisition targets that still remain on the market.

Larger organizations have greater market power to demand higher prices from those plans for doctor visits and hospital stays. And higher prices paid by plans translate into higher premiums for consumers.

Promising Care: How We Can Rescue Health Care by Improving It collects 16 speeches given over a period of 10 years by Donald M. Berwick, an internationally acclaimed champion of health care improvement throughout the course of his long and storied career as a physician, health care educator and policy expert, leader of the Institute for Healthcare Improvement (IHI), and administrator of the Centers for Medicare & Medicaid Services.

Alexian Brothers Health System and Adventist Midwest Health on Tuesday said they are pursuing an affiliation that would create the second-largest hospital system in the state of Illinois