Despite tough financial times, health systems play long game by betting on new hospitalsDespite tough financial times, health systems play long game by betting on new hospitalsDespite tough financial times, health systems play long game by betting on new hospitals

Despite tough financial times, health systems play long game by betting on new hospitals

Henry Ford Health announced a $2.2 billion redevelopment in Detroit this week, but the project comes at a time when hospital financial margins have shrunk.

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Congress told HHS to create a data management system in 2006. It never did.Congress told HHS to create a data management system in 2006. It never did.Congress told HHS to create a data management system in 2006. It never did.

Congress told HHS to create a data management system in 2006. It never did.

A 2006 order to HHS from Congress to better integrate U.S. data management systems could have minimized communication failures during the COVID-19 pandemic.

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CVS Health deal means mayor payday for Oak Street Health CEOCVS Health deal means mayor payday for Oak Street Health CEOCVS Health deal means mayor payday for Oak Street Health CEO

CVS Health deal means mayor payday for Oak Street Health CEO

CEO and co-founder Mike Pykosz could receive more than $300 million cash in the acquisition.

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Medly sells assets to Walgreens for $19.3MMedly sells assets to Walgreens for $19.3MMedly sells assets to Walgreens for $19.3M

Medly sells assets to Walgreens for $19.3M

Medly filed for Chapter 11 bankruptcy protection in December 2022, listing $11.4 million in assets and $105.6 million in liabilities.

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Centene agrees to pay $215M settlement to California in alleged Medicaid overbillingCentene agrees to pay $215M settlement to California in alleged Medicaid overbillingCentene agrees to pay $215M settlement to California in alleged Medicaid overbilling

Centene agrees to pay $215M settlement to California in alleged Medicaid overbilling

The agreement makes California at least the 17th state to settle pharmacy billing claims totaling $939 million with the St. Louis-based insurance giant.

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Molina expects Medicaid enrollment to remain steady despite redeterminationsMolina expects Medicaid enrollment to remain steady despite redeterminationsMolina expects Medicaid enrollment to remain steady despite redeterminations

Molina expects Medicaid enrollment to remain steady despite redeterminations

The company's annual profits grew to $792 million and revenue increased to $31.97 billion.

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Tenet profits plummeted in 2022Tenet profits plummeted in 2022Tenet profits plummeted in 2022

Tenet profits plummeted in 2022

Tenet Health CEO Dr. Saum Sutaria said the company is about a year behind on its plans stemming from a $1.2 billion deal with SurgCenter Development.

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Minnesota lawmakers propose opening state-run insurance program to all residentsMinnesota lawmakers propose opening state-run insurance program to all residentsMinnesota lawmakers propose opening state-run insurance program to all residents

Minnesota lawmakers propose opening state-run insurance program to all residents

The proposal would allow all residents to buy into the state-run health insurance program. Democrats have made the expansion a priority for 2023.

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How Amazon, CVS and others have grown into healthcare powerhousesHow Amazon, CVS and others have grown into healthcare powerhousesHow Amazon, CVS and others have grown into healthcare powerhouses

How Amazon, CVS and others have grown into healthcare powerhouses

Retailers like Walmart and Walgreens are investing billions of dollars to expand into healthcare services. Here are the biggest deals from the last five years.

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Three named to Health Care Hall of FameThree named to Health Care Hall of FameThree named to Health Care Hall of Fame

Three named to Health Care Hall of Fame

Modern Healthcare congratulates Sister Carol Keehan, Dr. Herbert Pardes and the family of the late Dr. Philip Lee for the leaders’ upcoming induction into the Health Care Hall of Fame.

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