Outrage from physicians over the cost of a new cancer drug called Zaltrap has led the drug company to reduce its price by half, according to a New York Times report.
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Charlotte Hungerford Hospital in Torrington, Conn., will have to relocate its cancer center under a proposed partnership with Yale-New Haven (Conn.) Hospital and Yale Cancer Center in New Haven, according to a Register Citizen report.
The University of California, San Diego will close its Nevada Cancer Institute in Las Vegas by the end of the year, according to a Las Vegas Review-Journal report.
Moody's Investors Service has downgraded Pittsburgh-based West Penn Allegheny Health System's bond rating further within the junk status range — from "Caa1" to "Ca" — saying it believes there is a "high likelihood of a restructuring or bankruptcy filing" in…
A hospital's teaching status could significantly alter its operating margin, as major teaching hospitals historically have had lower margins due to their research programs and high-cost cases.
Ron Hulscher has made a career of helping small hospitals in the Pacific Northwest, and he currently serves as CFO of the Mark Reed Health Care District, which is a critical access hospital in McCleary, Wash.
The top eight executives at Lewis County General Hospital in Lowville, N.Y., have offered to remove themselves from the state's retirement system, a move that could save the hospital roughly $100,000 per year, according to WWNY report.
Memorial Health Care System in Chattanooga, Tenn., and health insurer UnitedHealthcare have agreed to new terms on a reimbursement contract, according to a Chattanoogan report.
Saint Alphonsus Health System and Treasure Valley Hospital in Boise, Idaho, have sued St. Luke's Health System, claiming the defendant's acquisition of a nearby physician group would give it control of more than two-thirds of primary care physicians in the…
Cigna's collaborative accountable care initiative, launched in 2008, has shown early results of lower cost and improved care, according to study data recently published in Health Affairs.