A big jump in prescription drug sales, particularly overseas, helped Johnson & Johnson swing to a large fourth-quarter profit after posting a huge loss a year earlier, when it took a $13.6 billion charge related to the late-2017 U.S. tax overhaul.
The Medicaid and CHIP Payment and Access Commission is slated to meet to review recommendations on disproportionate-share hospital allotments, upper payment limit compliance, measuring program integrity and more.
UnitedHealth Group kicked off earnings season with higher fourth-quarter and full-year 2018 revenue thanks to strong results in both its insurance business, UnitedHealthcare, and health services subsidiary, Optum.
Following a successful third quarter, UnitedHealth Group will report its fourth-quarter earnings for 2018.
Community Health Systems generated $400 million in gross proceeds on hospital divestitures in 2018, less than half of its $1.3 billion target, leaders from the hospital chain said Wednesday
On the fourth day of the J.P. Morgan Healthcare Conference, Tara Bannow runs down the news, including Vizient detailing faster revenue growth in its performance improvement segment.
Physician practices took the spotlight in 2018, as health systems, payers and private equity firms rush to gobble them up.
Health insurance and hospital stocks haven't rebounded following the Affordable Care Act ruling. Analysts think they're getting swept up in the broader market downturn, but may also be seen as riskier bets.
Even as disappointing investment gains cut into Scripps Health's net income in its fiscal 2018, the not-for-profit health system managed to boost its operating income 25% year over year.
Health system and health insurer share prices fell at varying levels by Monday's stock market close following a federal judge's ruling to strike down the Affordable Care Act.
Partners HealthCare grew its operating income significantly from fiscal 2017 to fiscal 2018, which ended Sept. 30.
Montefiore Health System grew its excess of revenue over expenses 66% year over year in the nine months ended Sept. 30 to $119 million.