Community Health Systems agrees to buy Health Management Associates for about $3.6 billion. Including the assumption of debt, the merger is valued at about $7.6 billion.
Catholic Health Initiatives has increased patient satisfaction scores, saved $1.5 million from reduced overtime, and and saved another $3 million from reduced length of stay after completing a three-year project that included analyzing nurse processes and implementing Cerner Clairvia to measure and streamline them.
Senators Chuck Grassley and Ron Wyden call for the release of Medicare’s claims database, arguing that research potential and transparency trumps both the privacy concerns of the patients receiving care and the business concerns of providers uncomfortable with their reimbursement rates being made public.
Catholic Health Services of Long Island, NY has its bond rating downgraded and outlook revised to "negative" due in part to a $144 million Epic implementation that led to a $18 million operating loss for the interim period.