investment income news from FierceHealthFinance
News
It's finally clear: The insurance tail wags the provider dog
While insurance companies have troubles of their own, generally speaking they seem to be doing a lot better than hospitals and medical practices. Hospitals and physician groups have made very deep... Read more...
BCBS companies take aggregate 41 percent loss for 2008
It looks like last year was a serious downer for the Blue Cross and Blue Shield plans, which lost a collective 40.9 percent in income for 2008, as compared with the previous year, struggling with... Read more...
Humana Q2 profits rise
Humana reported some pretty sweet revenue for the second quarter of this year, despite losing a major military contract. The company's commercial plan earnings fell substantially, and membership... Read more...
Standard & Poor's says non-profit systems' finances should keep eroding
The next few months shouldn't be much better for non-profit hospital systems than the first half of 2009 was, according to a new report from financial ratings firm Standard & Poor's. S&P says... Read more...
Highmark stabilizing despite loss of Independence deal
A few months ago, Highmark and Independence Blue Cross withdrew their long-planned application to merge when it became all but certain that state insurance regulators were going to quash it. That... Read more...
Hospitals eliminating service lines
Hospitals and health systems are cutting back, not only on capital spending, but also on unprofitable healthcare services, according to a new study by the Noblis Center for Health Innovation. They're... Read more...
PA hospitals say recession has hit them hard
A new survey of Pennsylvania hospitals has found that, not surprisingly, the ongoing U.S. recession has had a significant impact on their business. The survey, by the state's hospital association,... Read more...
WellCare shares plunge
WellCare Health Plans, already under investigation by far too many state and federal agencies, initially reported to the Securities and Exchange Commission that it would be unable to file past... Read more...
For hospitals, something's gotta give
Whoa! I don't know about you folks, but after reading some of this week's hospital finance news, it looks to me like things just can't hold together as they have been for too much longer. And since... Read more...
Hospitals using investment cash flow for capital needs
Wow, this doesn't sound like a good sign. According to a new study from A.M. Best, cash-strapped hospitals have begun to turn to their investment cash flow as a means of generating necessary capital.... Read more...
