Sheryl Skolnick News
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U.S. hospitals are charging prices that can be thousands of dollars different for the same medical procedures, even within the same towns, according to federal data released today.
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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.
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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.
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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.
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Humana Inc. led medical insurers higher in trading today after the U.S. government reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
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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.
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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.
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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.
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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.
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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.
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