Health Management Associates Inc., an operator of 71 hospitals in the U.S., said its accounting procedures, including payments from government health programs, are being investigated by federal regulators.
An Arkansas proposal to use Medicaid money to buy private insurance for poor residents was passed by the state Senate, aiding efforts to implement the Obama administration’s health-care overhaul in states with Republican-led legislatures.
Two UnitedHealth Group Inc. units must pay $500 million in punitive damages for failing to oversee a doctor blamed for giving colonoscopy patients hepatitis C through shoddy medical practices, a Nevada jury found.
Tenet Healthcare Corp. and HCA Holdings Inc. led hospital stocks lower as traders shifted bets to health insurers that stand to benefit from a U.S. government decision to pare back a cut in their Medicare payments.
Community Health Systems Inc. ’s unsolicited $3.3 billion offer for Tenet Healthcare Corp . may prompt rival suitors as it seeks to become the largest U.S. hospital operator. Tenet’s shares rose 55 percent.
WellPoint Inc., the second-biggest U.S. health insurer, picked a new chief executive officer from outside the industry who says his work with hospitals and doctors will help smooth the insurer’s path in a time of change.
Investors betting on HCA Holdings Inc. and its hospital-company brethren needn’t worry about patient admissions or earnings. To see where the stocks may go, just watch President Barack Obama’s poll numbers.
UnitedHealth Group Inc., the biggest U.S. health insurance company, agreed to pay about $4.9 billion to buy 90 percent of Amil Participacoes SA, a Brazil-based insurer and hospital chain that gives the American company a stake in the world’s second-biggest emerging economy.