Activist investor Carl Icahn will no longer urge stockholders to vote down the proposed merger between Cigna Corp. and Express Scripts after two independent advisory firms recommended voters approve the deal.
Chicago-based revenue-cycle management company R1 RCM continues to grow its revenue from new customers, and the company says it forecasts adding $11 billion in net patient revenue onto its operating partner model this year.
A number of speakers at this year's Healthcare Financial Management Association's conference urged health system financial executives to set aside their reservations and more fully embrace value-based purchasing.
Decatur, Ga.-based DeKalb Medical and its three hospitals will operate under Atlanta-based Emory, which includes a seven-hospital network.
Healthcare's new operating environment will require openness to change, willingness to listen to customers and front-line staff, and courage to radically redesign systems to improve quality and cut costs.
The Teamsters union is urging its fellow McKesson Corp. shareholders to vote against the re-election of the drug distributor's audit committee chair at its annual shareholder meeting on July 25.
The past decade has seen a proliferation in the number of stand-alone emergency departments. But in some markets, the saturation is too much to handle.