Tenet to sell 4 California hospitals to UCI Health for $975 million
It’s the latest hospital sale from Tenet as the operator looks to pare down its debt.
It’s the latest hospital sale from Tenet as the operator looks to pare down its debt.
The payer is leveraging CenterWell’s growing network of primary care centers for seniors to boost margins in its hard-pressed Medicare Advantage business.
The CMS innovation center will coordinate insurance coverage across states to help patients access new treatments with multi-million-dollar price tags.
The for-profit hospital operator said it will use the artificial intelligence in operations tracking, clinical documentation and administrative tasks.
The transaction exits Cigna from a sector that’s been a huge source of growth for insurers but has seen its earnings potential shrink.
Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.
HCA executives also announced the retirement of longtime CFO Bill Rutherford during a Tuesday earnings call.
However, growth in Medicare’s flagship shared savings model has plateaued over the past five years, according to government data.
The sector’s recovery from the COVID-19 pandemic has been slower than expected. In a new report, the credit agency said some hospitals may never reach traditional healthy operating margins.
Effective March 18, Nakesha Lopez will lead human resource and people programs for the 68-hospital nonprofit.