St. Louis-based Ascension continues to benefit from its investment in ancillary businesses amid expected declines in its hospital operations.
The quarterly profit—the first Oscar has reported since launching five years ago—signals that the health insurer's strategy of creating narrow networks through partnerships with major brand-name hospital systems may be a winner.
Dallas-based Baylor Scott & White Health posted more profit in the first nine months of its fiscal 2018 than in its entire fiscal 2017.
First-quarter results from the country's largest investor-owned chains—Tenet Healthcare Corp., HCA Healthcare, Community Health Systems, Universal Health Services and LifePoint Health—show they're finding success in squeezing more money out of each patient encounter.
Catholic Health Initiatives saw a 7.7% drop in admissions and a 7% drop in outpatient visits in the third quarter of fiscal 2018 compared with the year-ago period.
Continued membership growth in Kaiser Permanente's health plan pushed its operating gain above $1 billion in the first quarter of 2018.
LifePoint Health reported lower admissions during the first quarter of 2018 as the provider continues to struggle with rising supply costs.
Cigna Corp.'s first-quarter net income jumped 55% compared with the same period last year and revenue rose 9% as the insurer grew premiums and membership in its commercial employer business.
Louisville, Ky.-based Humana reported higher revenue in the first-quarter of 2018 driven by higher membership in its Medicare Advantage business.
Cerner's contract to replace the Veterans Affairs Department's EHR remains unsigned, which hurt the company's first-quarter earnings.
Community Health Systems managed to narrow its operating loss in the first quarter of 2018. The hospital chain's revenue shrunk by nearly 18%, but increased slightly on a same-hospital basis.
WellCare Health Plans' first-quarter 2018 profit soared as it kept Medicaid costs in check and grew Medicare Advantage membership after acquiring Universal American Corp.