Fresenius Medical Care announced Tuesday it has completed the $2 billion purchase of home dialysis devicemaker NxStage Medical.
Tenet Healthcare Corp. has entered into exclusive talks over a potential deal for Conifer Health Solutions, and has set a goal of cutting another $200 million in costs by the end of 2019.
Executives from seven major drugmakers, including Bristol-Myers Squibb Co., Merck & Co. and Pfizer are set to testify before the Senate Finance Committee on drug prices.
CVS Health reported higher revenue but a net loss in the fourth-quarter—the first period for reporting some contribution from its newly acquired health insurer Aetna.
Community Health Systems reported a $328 million loss in fourth quarter, which compares favorably with the year-earlier quarterly loss of $2 billion.
Dignity Health weathered investment losses in the latter half of 2018, but its revenue also took a hit.
Mayo Clinic's total investment returns fell 94% in 2018 year-over-year as the not-for-profit system weathers volatile markets.
Catholic Health Initiatives was hit by the sharp year-end downturn in the stock market in 2018, posting a bottom line loss of $424.3 million, a $627 million swing from the year-earlier quarterly profit of $203.6 million.
Insurance industry analysts are anxiously waiting for CVS Health to report its Q4 2018 financial results. It'll be the first quarter since the pharmacy behemoth closed its $70 billion deal to acquire health insurer Aetna in November.
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.
Baylor Scott & White is the latest health system whose non-operating results took a hit on weak investment returns. Despite that, its revenue and operating margin inched up.
Real estate investment trust Welltower saw its profit jump 53% year-over-year in 2018, and the company's leaders say much of its growth is being driven by partnerships with big-name health systems like Providence St. Joseph Health, Johns Hopkins and Ascension.