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TODAY’S TOP HEALTHCARE FINANCIAL NEWS
Hospitals getting to long-overdue tower replacement projects and other capital needs are finding attractive interest rates on borrowings in the bond markets. Even systems with dinged finances or poor patient mixes are completing $1 billion bond offerings. READ MORE
The Trump administration took another step Wednesday toward deregulating federal insurance exchanges created under the Affordable Care Act. The new policy will allow consumers to skip HealthCare.gov entirely to sign up for coverage in 2018. READ MORE
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MARKETS/FINANCIALS
Not-for-profits saw expenses overshadow revenue in 2016 Not-for-profit hospitals faced financial pressure last year as they saw expenses rise from drug and labor costs but revenue dipped due to shrinking reimbursement, according to a new report. READ MORE
MERGERS AND ACQUISITIONS
Pa. hospital to merge with Geisinger Health System Geisinger Health System will acquire its first critical access hospital, a 25-bed facility in Pennsylvania. READ MORE
HEALTHCARE ECONOMICS
Proposed NIH budget cuts jeopardize U.S. pipeline of young scientists Congressional leaders and healthcare experts decried President Donald Trump’s plan to slash the National Institutes of Health’s budget Wednesday, saying it would prevent the organization from recruiting and retaining young scientists. READ MORE
Lack of transparency leads to high prescription drug costs Increasing competition, reforming outdated laws, improving data infrastructure and letting market forces work are key to lowering drug costs, according to a new paper. READ MORE
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POLITICS AND POLICY
AHCA could raise premiums for millions with pre-existing conditions Up to 6.3 million people could end up paying substantially higher premiums if a bill similar to the House’s Obamacare replacement becomes law, according to the Kaiser Family Foundation. READ MORE
New York’s single-payer healthcare plan passes in state Assembly New York’s state Assembly passed a single-payer healthcare bill Tuesday that would provide universal coverage statewide. However, the bill faces a difficult path through the Republican-controlled state Senate, and economists have conflicting views on how it would affect spending and taxation. READ MORE
SPOTLIGHT
Heath systems explore solutions for behavioral health issues Registration is now open for our Issue Briefing event in Nashville taking place August 25. Industry leaders from Tennessee’s top health centers will discuss their challenges in improving care. READ MORE
Modern Healthcare’s Audience Insights Matter panel Have thoughts about Modern Healthcare and our product offerings? Join our newly launched Audience Insights Matter (AIM) panel – a virtual way for our readers to regularly share their thoughts on a variety of topics to help us continue to improve. READ MORE
Don’t miss an opportunity to network with top women leaders in healthcare Two days of education & networking with the top women leaders in healthcare. Register now for Modern Healthcare’s Women Leaders in Healthcare, July 19-20 in Nashville. READ MORE
Modern Healthcare Hospital Stock Index: 735.40 -14.85 (-1.98%)
NYSE Healthcare Index: 13,047.45 -154.82 (-1.17%)
S&P 500 Health Care Index: 859.85 -11.04 (-1.27%)
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