profits news from FierceHealthFinance
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Humana slammed after posting 65 percent increase in third quarter profits
Health plans have taken on the chin during the reform efforts, targeted as the bad guys of the healthcare system by members of Congress and even President Obama. Not only that, efforts by trade group... Read more...
PA hospitals see 7.8 percent drop in average margins
It's been a difficult fiscal year for the Pennsylvania's hospitals, whose total margins fell almost 8 percent between July 2008 and March 2009, according to new data from the Hospital & Health... Read more...
Health plans challenged by adverse selection fears
Given the economic conditions out there, health plans actually aren't doing too badly. But that hasn't been too impressive for Wall Street, which has kept a beady eye on an even more critical number... Read more...
Physician investors face financial pressure
Though they're used to working in an industry that seldom feels the pinch of economic downturns, physician investors are being hit by the recession this time around. Observers say that with costs... Read more...
HealthSouth wins $133 million from UBS
Birmingham-based HealthSouth has taken another step toward recovering what it had lost under Richard Scrushy and his former administration, winning a $133 million settlement from investment bank UBS.... Read more...
Cigna, Aetna deliver improved profits for Q2
While last quarter was pretty much a gloom and doom situation for health plans, this quarter is shaping up in a better way for the industry. Two prime examples come from Cigna and Aetna, both of... Read more...
ALSO NOTED: Study says nonprofit systems have higher quality scores; Grady gets $50 million as new board comes online; and much
> Ready for a conclusion that's likely to raise some hackles? A new study published in the Joint Commission Journal on Quality and Patient Safety suggests that not-for-profit health systems have... Read more...
Health plans need new approaches to profitability
Now I get it. To get back their healthy profits--which have taken a serious plunge of late--all U.S. health plans have to do is a) raise premiums and b) lower reimbursements for providers. Easy as... Read more...
Fear and trembling in health plan land
Well, this week caps it. It seems like we're looking at just about a clean sweep where bad-news health plan financials are concerned: UnitedHealth Group, Humana, Cigna, WellPoint, Kaiser and... Read more...
Following peers, Kaiser profits plunge
As FierceHealthFinance readers probably know, the last few weeks have been ugly for health plans, many of which announced disappointing first-quarter results. True, it's worth bearing in mind that... Read more...
