investment losses news from FierceHealthcare
NewsNew research says U.S. hospitals in trouble
These are among the grimmest times in recent memory for U.S. hospital finances, according new research set to be released today from Thomson Reuters. The Thomson Reuters analysis concludes that Read more...
U of Pittsburgh execs face 25 percent pay cut
Just as at other hospitals, times are tough at the University of Pittsburgh Medical Center. The academic medical institution has been hit by investment losses that severely undercut its bottom line, Read more...
Moody's: Non-profit hospital credit downgrades at peak since 2001
Here's more evidence, if we needed any, that not-for-profit hospitals are facing tough times. Last year, according to Moody's Investors Service, not-for-profit credit downgrades exceeded upgrades by Read more...
WellPoint hit by 61 percent loss in Q4 2008, plans job cuts
WellPoint has been hit by a substantial loss for the fourth quarter, with net income falling by 61 percent as the plan struggles with investment losses and the impact of rising U.S. unemployment Read more...
If health plan profits keep falling, selloffs may begin
Health plan profits are falling, and given the trends in the U.S. economy and healthcare costs generally, this trend is likely to linger for a while. And if falling profits remain a fact of life for Read more...
Kaiser suffers Q3 investment losses
After posting a net income of $202 million for the first nine months of this year, Kaiser Permanente has seemingly gone belly-up. For its investment portfolio in the third quarter alone, Kaiser Read more...
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