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Healthcare Economics & Policy

 

Two Catholic health systems, Maryland-based Bon Secours and Cincinnati’s Mercy Health have announced plans to merge into a 43-hospital system stretching across seven states in the eastern half of the U.S.

The tax cut legislation signed into law late last year will help most for-profit hospitals in 2018, boosting their bottom lines at a time when several major chains are struggling with weak admissions and making acquisitions and capital investments more attractive.

Three months after the transaction was first announced, St. Louis-based Ascension Health and Chicago’s Presence Health have signed a definitive agreement for Presence to join Ascension’s existing joint venture in Illinois, AMITA Health.

The U.S. Department of Justice (DOJ) can move forward with a lawsuit alleging UnitedHealth Group wrongly collected more than $1 billion through Medicare Advantage by finding conditions to increase a patient’s risk adjustment payment from CMS.

The proposed merger between Downers Grove, Illinois-based Advocate Health Care and Milwaukee’s Aurora Health Care now has the blessing of the Federal Trade Commission and regulators in Illinois, leaving regulatory approval in Wisconsin as the final hurdle for creating the 10th largest nonprofit health system in the U.S.

 

Recent Headlines

Bon Secours, Mercy Health announce merger

Two Catholic health systems, Maryland-based Bon Secours and Cincinnati’s Mercy Health have announced plans to merge into a 43-hospital system stretching across seven states in the eastern half of the U.S.

For-profit hospitals will save up to $800M this year thanks to tax overhaul

The tax cut legislation signed into law late last year will help most for-profit hospitals in 2018, boosting their bottom lines at a time when several major chains are struggling with weak admissions and making acquisitions and capital investments more attractive.

Ascension signs definitive agreement to acquire Chicago’s Presence Health

Three months after the transaction was first announced, St. Louis-based Ascension Health and Chicago’s Presence Health have signed a definitive agreement for Presence to join Ascension’s existing joint venture in Illinois, AMITA Health.

$1B Medicare Advantage fraud case against UnitedHealth can proceed

The U.S. Department of Justice (DOJ) can move forward with a lawsuit alleging UnitedHealth Group wrongly collected more than $1 billion through Medicare Advantage by finding conditions to increase a patient’s risk adjustment payment from CMS.

FTC approves Advocate-Aurora merger

The proposed merger between Downers Grove, Illinois-based Advocate Health Care and Milwaukee’s Aurora Health Care now has the blessing of the Federal Trade Commission and regulators in Illinois, leaving regulatory approval in Wisconsin as the final hurdle for creating the 10th largest nonprofit health system in the U.S.

Health spending growth will accelerate through 2026

The growth in health expenditures nationwide is expected to average 5.5 percent annually through 2026, with the aging population driving more rapid annual growth in Medicare.

ER expenditures for privately insured increased faster than Medicare, Medicaid

Between 1996 and 2015, the number of emergency department (ED) visits per individual paid for by Medicare increased at a greater rate than those paid for by private insurance or Medicaid. The annual increases in per-visit expenditures, however, were greater for private insurance than either of the federal programs.

Hospital price growth hit 4-year high in Dec. 2017

An era of low inflation in healthcare prices may be winding down, judging by the results of Altarum’s latest health sector economic indicator reports, which said hospital prices grew by 2.2 percent in December 2017, the fastest growth rate in four years.

UCSF envisions new hospital after $500M donation

The University of California, San Francisco (UCSF) received a $500 million commitment from the Helen Diller Foundation to help plan and build a new hospital, according to a Feb. 8 release from the university.

CVS CEO: 'We're going to deliver' on what Amazon-JPMorgan-Berkshire deal aspires to do

CVS Health president and CEO Larry Merlo downplayed the threat to its pending $69 billion acquisition of Aetna from the recently announced healthcare partnership between Amazon, JPMorgan Chase and Berkshire Hathaway, saying “what that group aspires to is what we're going to deliver.”

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