Centene Corp. CEO Michael Neidorff says that the large Medicaid managed-care plan is well positioned to deliver high quality products that lower costs.
DaVita reported net income of $159 million in 2018, down from $664 million in 2017. The company's CEO assured the audience on a call Thursday that the sale of DaVita Medical Group to UnitedHealth Group will close soon.
The proposed merger of Partners HealthCare and Care New England won't have a dramatic effect on Massachusetts healthcare spending, even if care patterns significantly change, according to the Massachusetts Health Policy Commission.
Private equity firms Veritas Capital and Evergreen Coast Capital have closed on their $5.7 billion purchase of Athenahealth, which will be combined with Virence Health Technologies under the Athenahealth name and brand.
The Renton, Wash.-based integrated healthcare system acquired Lumedic, which aims to inject efficiency and interoperability into what are often archaic systems of collecting, analyzing and distributing claims and billing.
Athenahealth's shareholders have given the green light for the EHR vendor to be purchased by two private equity firms in a deal worth $5.7 billion. They also supported a generous compensation package for the company's executive officers and directors.
While executives didn't outline why the deal fell through, there had been some concern regarding the alignment of their academic missions as well as a mismatch of their physician-management models, sources close to the matter said.
The newly formed CommonSpirit will rank among the largest health systems in the nation, but its size won't guarantee immediate success, industry watchers say.
With little apparent regulatory interference, investor-owned HCA Healthcare completed its $1.5 billion purchase of Asheville, N.C.-based Mission Health, bringing another six hospitals into its vast portfolio, which now spans 21 states.
Publicly traded health insurers are performing better financially than other healthcare players, and that's unlikely to change anytime soon, according to a panel of Wall Street analysts at a Nashville Health Care Council event.
Dallas-based Tenet sold West Suburban Medical Center in Oak Park, Louis A. Weiss Memorial Hospital in Uptown and Westlake Hospital in Melrose Park to Los Angeles-based Pipeline, bringing its hospital footprint to eight.
The combination would create an eight-hospital, not-for-profit system based in New Hampshire. Dartmouth and GraniteOne's largest hospital, Catholic Medical Center, tried to merge in 2009.