Revenue growth lagged hospitals' expenses in '06
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Revenue growth at Massachusetts hospitals did not keep pace with the increase in expenses during the 2006 fiscal year, which ended Sept. 30, according to an analysis by the Massachusetts Hospital Association. Expenses grew 8.7 percent, compared with 8.6 percent growth the year before. Revenues grew 8.4 percent. Also, 40 percent of hospitals had lower profit last year, the association ...
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The cost of employer-provided health insurance rose 6.1 percent this year, the smallest jump since 1999 but still well above the increase in wages and consumer prices, according to an annual survey released today by the Kaiser Family Foundation.
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The rise in grocery costs is up more in the first six months of 2007 than in all of 2006.
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Partners HealthCare, the parent organization of Massachusetts General Hospital and Brigham and Women's Hospital, said operating profit in the latest quarter rose sharply by 32 percent to $33 million, from $25 million a year earlier.
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Spending on prescription drugs rose briskly in 2006 as the Medicare drug benefit kicked in and the government's share of expenditures for medicines surged, according to a federal study to be released today. Overall, health-care spending in the United States continued its climb, rising 6.7 percent...
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Health care costs were a bigger drain on American wallets this year than in 2000, with 14.3 million workers spending more than a quarter of their income on medical care, according to a study by Families USA.
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Provider of in-patient mental health services continues to grow rapidly, but debt and dilution are reason for pause.
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Medicaid spending grew about one-third from 2000 to 2003 as job losses and other economic woes made more people eligible for the government-run health insurance program for the poor, a new study said on Wednesday.
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Total advertising expenditures in the first six months of 2006 increased 4.1 percent to $73.0 billion as compared to the prior year period, according to data released today by TNS Media Intelligence, the leading provider of strategic advertising and marketing information.
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The quality of health care in the United States is steadily improving, with more patients getting recommended treatments, but there are a few notable gaps -- and costs are skyrocketing, according to a report released on Tuesday.
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The NHS looks like it has underspent by nearly Â£500m last year after making cuts amid pressure to avoid a deficit, early data shows.
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Medical-care ratio concerns trip up shareholders.
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NEW YORK - Health care costs continued to surge this year as family premiums in employer-sponsored plans jumped 11.2 percent, the fourth year of double-digit growth, according to a new study.    The cumulative effect of rising health care costs is taking a toll on workers: There are at least 5 million fewer jobs providing health insurance in 2004 than there were in 2001, according to the survey of 3,017 companies by the Kaiser Family Foundation and the Health Research and Educational Trust...
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UnitedHealth Group Inc., the  second-biggest managed health care company, on Thursday said  quarterly profit jumped nearly 46 percent as its premiums  outpaced the soaring cost of medical care, and it raised its  2005 forecast.
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Profit for the managed care provider matched the expectations of analysts, though revenue came in below the $7.17 billion expected.
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More than a quarter of growth in health care spending over the past 15 years is due to obesity, and experts say prevention is key to control soaring costs.
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Revenues in key parts of the U.S.   service economy rose 3.5 percent in the second quarter as   sluggish growth in the healthcare sector was offset by a strong   performance elsewhere, a government report showed on Wednesday.