HCA Healthcare's announcement that its CEO, R. Milton Johnson, will retire at the end of the year didn't come as a surprise—the for-profit hospital chain has a history of regularly refreshing its top post.
HCA Healthcare CEO R. Milton Johnson will step down from leading the hospital chain at the end of 2018 and be replaced by current President and Chief Operating Officer Sam Hazen.
Tenet Healthcare CEO Ron Rittenmeyer said his hospital chain has improved the performance of its revenue cycle subsidiary, Conifer Health Solutions, enough to justify a higher price.
Tenet Healthcare saw a spike in ambulatory visits and revenue in the second quarter of 2018, but a 6.2% dip in net operating revenue across all segments.
Prime Healthcare and its founder/CEO, Dr. Prem Reddy, have agreed to pay $65 million to end a yearslong lawsuit alleging the hospital chain fraudulently billed Medicare by admitting patients when they should've been treated on observation status.
For-profit hospital companies' share prices are benefiting from a week of mostly positive second-quarter earnings reports.
The for-profit hospital chain Universal Health Services added $9.5 million to a Department of Justice settlement fund related to an investigation into its behavioral health facilities in the second quarter of 2018. The for-profit hospital chain's CFO said Thursday he hopes to reach a settlement by...
For-profit chain HCA Healthcare's net income jumped 25% during the second quarter of 2018, beating key earnings predictions from Wall Street analysts, according to its earnings release Wednesday.
LifePoint Health's share price jumped 40% in after-hours trading Friday on news the company is in acquisition talks with a private equity firm.
Jefferies downgraded Tenet's stock from buy to hold, saying any sale of its revenue-cycle management subsidiary isn't likely to net more than $2.5 billion.
Insurers and public officials have accused hospitals of entering lab test arrangements in which they agree to bill for high volumes of tests or expensive tests that sometimes were performed elsewhere.
Tenet Healthcare Corp. named two new independent directors Tuesday: a retired U.S. Army general and a managing partner at a healthcare investment fund.