The earnings reports from insurers and hospitals for the second quarter of this year have conflicting messages--hospitals are seeing a growth in volume while insurers are seeing a slower cost trend. Aetna, WellPoint and UnitedHealth all said costs are under control and the trends are moderate. And Cigna even lowered its cost outlook, believing the increase this year will be between 4.5 percent and 5.5 percent, reported Kaiser Health News.
"Strategic alliances" between hospitals are now more popular than mergers, California HealthLine reports.
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Mergers and acquisitions (M&A) increased among hospitals and health systems in 2013, according to a new analysis by Kaufman Hall.
Patients, fed up with the facility fees that many hospitals and healthcare systems impose on them, may soon refuse to pay the charges, the Miami Herald repo rted.
The Connecticut Hospital Association (CHA) is pushing its members to disclose the fees they charge to patients prior to treatment, the Hartford Courant reported.
Florida-based for-profit hospital operator Health Management Associates, already under fire from a former chief financial officer for one of its facilities in Georgia, has disclosed that it is facing several federal whistleblower suits.
The healthcare market is ripe for hospital acquisitons and few smaller systems will survive, Tenet Healthcare's chief executive officer told Bloomberg News.
Healthcare providers have had a variety of reactions to last week's shutdown of the federal government.
At a time when many hospitals would find large numbers of uninsured potential patients unappealing, for-profit hospital operator Tenet Healthcare is pursuing what appears to be a diametrically opposed policy, CNBC reported.