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  • 10/19/2017 14:03:46

    Healthcare software provider Athenahealth to cut 9 pct of workforce

    Athenahealth Inc(ATHN), which is under pressure from activist investor Elliott Management, said it would reduce about 9 percent of its workforce as part of efforts to generate $100 million to $115 million in savings by the end of 2018. The healthcare software provider employs 5,528 people, according to its website.

  • 10/18/2017 14:53:22

    BRIEF-HCA Healthcare sees Q3 2017 revenue of $10.7 billion

    HCA Healthcare Inc(HCA). * Sees Q3 2017 revenue $10.7 billion.

  • 10/10/2017 15:50:28

    Molina Healthcare names Joseph Zubretsky its new CEO

    Molina Healthcare Inc. late Tuesday named Joseph Zubretsky its president and chief executive, effective Nov. 6. Zubretsky most recently served as CEO for The Hanover Insurance Group, and will succeed interim CEO Joseph W. White. White will remain with the company as its chief financial officer. Shares of Molina fell 1.8% after ending the regular session down 2.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/10/2017 07:22:17

    UPDATE: Express Scripts shares drop 2.5% on $3.6 bln eviCore acquisition

    Express Scripts Holding Company shares dropped 2.5% premarket on news that the company has agreed to buy privately-held medical benefit management company eviCore healthcare for $3.6 billion. The deal is expected to close in the fourth quarter and should grow Express Scripts' adjusted diluted earnings-per-share in the first full year of operation, the company said. Express Scripts, the largest stand-alone pharmacy-benefits manager, said that the acquisition is "an attractive entry point into a growing market" and noted that eviCore manages medical benefits for 100 million people. The two companies will be "uniquely positioned" to improve health care outcomes, said eviCore Chief Executive John Arlotta. Express Scripts is one of several companies in the pharmaceutical drug supply chain that could be threatened by an entry from online retailer Amazon. A decision from Amazon is reportedly expected by Thanksgiving. Express Scripts shares have plummeted 4.2% over the last three months, compared with a 4.8% rise in the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/02/2017 10:47:00

    5 Ways to Reduce Your Healthcare Expenses

    Healthcare expenses getting you down? Try these nifty tricks to save a little money (or even a lot of money).

  • 09/19/2017 13:56:47

    Health care sector falls as likelihood of ACA repeal rises; UnitedHealth's stock leads Dow losers

    The health care sector traded broadly lower Tuesday, amid concerns over the potential effects of the Graham-Cassidy bill, which some analysts say is becoming increasingly likely to repeal and replace the Affordable Care Act. The SPDR Health Care Select Sector ETF shed 0.9% in afternoon trade, with 56 of its 62 components trading lower. Among the XLV's most heavily-weighted components, UnitedHealth Group's stock dropped 1.8% to pace the Dow Jones Industrial Average's decliners. The price decline of $3.61 was shaving 25 points off the Dow, which was up 44 points. Analyst Ana Gupte at Leerink Research said the bill could lead to "greater earnings downside in the near term than previous House and Senate bills for ACA-levered stocks." Among companies that Gupte said are at particular risk, shares of Centene Corp. slumped 4.6% and Molina Healthcare Inc. gave up 6.1%. Elsewhere, shares of Aetna Inc. fell 3.4%, Humana Inc. slid 3.2%, Cigna Corp. declined 1.9% and Anthem Inc. was down 2.0%. Gupte said diversified managed care organizations (MCOs) like Humana and Cigna are more defensive, though exposure should be manageable for UnitedHealth, Aetna and Anthem. The XLV has gained 4.3% over the past three months, while the S&P 500 has tacked on 2.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/14/2017 14:02:01

    Dow ends at record as stocks post mixed finish

    U.S. equity indexes finished the day mixed, with the Dow Jones Industrial Average closing at a record, while the S&P 500 and the Nasdaq Composite slipped to lower levels. The Dow, helped by gains in the industrials and healthcare sectors, rose 0.2% to 22,207. The S&P 500, on the other hand, was dragged down by poor performances of healthcare and consumer discretionary stocks, finishing the day 0.1% lower at 2,496. The tech-heavy Nasdaq Composite fell 0.5% to 6,429. In individual stocks, Equifax fell 2.4% lower following the disclosure of a massive data breach last week. Home builder William Lyon Homes fell 5.8% as hedge fund Paulson&Co said it would divest its stake in the business.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/14/2017 10:26:17

    BRIEF-Mylan expands women's healthcare portfolio with launch of generic Minastrin 24 FE tablets

    Mylan NV(MYL): * Mylan expands women's healthcare portfolio with launch of generic Minastrin 24 FE tablets. * Announced U.S. launch of Norethindrone Acetate and Ethinyl Estradiol tablets USP, and Ferrous Fumarate Tablets, 1 mg/20 mcg Source text for Eikon: Further company coverage:

  • 09/13/2017 15:20:13

    Tenet Healthcare hires advisers to explore options -source

    Tenet Healthcare Corp(THC) has hired advisers to explore strategic alternatives, including a potential sale of the hospital operator, a person familiar with the matter said on Wednesday. The discussions are in the early stages and there is no guarantee they will lead to a sale, added the person, who could not speak for attribution because the talks are private. Tenet declined to comment.

  • 09/03/2017 11:31:24

    BRIEF-Nidda Healthcare proposes to Stada to offer Stada's minority shareholders cash compensation of Euro 74.4 per share

    * Nidda healthcare says decided to propose to management of stada to offer minority shareholders of stada a cash compensation of eur 74.40 per share

  • 09/01/2017 09:10:46

    BRIEF-Tenet, Paladin reach agreement to transfer ownership of Tenet's Philadelphia hospitals

    Tenet Healthcare Corp(THC): * Tenet and Paladin Healthcare reach definitive agreement to transfer ownership of Tenet's Philadelphia hospitals.

  • 08/31/2017 15:18:00

    Tenet Healthcare to replace CEO, 'refresh' board

    NEW YORK (Reuters) - Hospital company Tenet Healthcare Corp said on Thursday it is replacing longtime Chief Executive Trevor Fetter and plans to alter the composition of its board.

  • 08/31/2017 14:43:22

    Tenet to replace CEO, 'refresh' board

    NEW YORK (Reuters) - Hospital operator Tenet Healthcare Corp said on Thursday it is replacing Chief Executive Trevor Fetter and would "refresh the composition of its board."

  • 08/31/2017 14:32:06

    Tenet Healthcare CEO Fetter to step down in March

    Tenet Healthcare Corp. said late Thursday Chairman and Chief Executive Trevor Fetter will step down from his roles on March 15, 2018, or when a successor is appointed. Independent lead director Ronald A. Rittenmeyer will become executive chairman, effective immediately, and the board has hired Russell Reynolds Associates to conduct a search for a new CEO. Tenet also said it has started to "refresh the composition of its board," with an eye for ensuring that the board "has the best mix of skills and experience to maximize the future value of the company," it said in the statement. Shares of Tenet rose more than 3% in the late session, after ending the regular trading day down 0.2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/21/2017 10:20:34

    BRIEF-Camber Capital Management reports a 5.7 pct passive stake in Tenet Healthcare Corp

    * Camber Capital Management LLC reports a 5.7 percent passive stake in Tenet Healthcare Corp as of Aug 9 - SEC filing‍​ Source text: (https://goo.gl/DuUQyn) Further company coverage:

  • 08/16/2017 15:53:14

    BRIEF-Acadia Healthcare Company, Inc. Announces secondary offering of 2.8 m;n shares of common stock by selling ...

    Acadia Healthcare Company Inc(ACHC). * Acadia Healthcare Company, Inc. Announces secondary offering of 2,825,016 shares of common stock by selling stockholders Source text for Eikon: Further company coverage:

  • 08/11/2017 14:09:52

    BRIEF-Tenet calls for redemption of 8% senior notes due 2020

    * Tenet Healthcare Corp - ‍redemption of entire $250 million aggregate principal amount of its outstanding 8% senior notes due 2020​

  • 08/10/2017 14:55:38

    BRIEF-Envision Healthcare-‍ Air Medical Group required to pay co's unit fee of $125 mln if purchase deal terminated by ...

    Envision Healthcare Corp(EVHC). * Envision Healthcare-‍ Air Medical Group Holdings required to pay co's unit fee of $125 million if purchase deal terminated by unit under certain conditions​ Source text: Further company coverage:

  • 08/02/2017 14:39:42

    Health insurer Molina to exit two Obamacare markets, slash workforce

    Molina Healthcare Inc(MOH) said on Wednesday it would stop selling Obamacre plans in Utah and Wisconsin, joining a slew of health insurers that have exited Obamacare markets amid uncertainity over the healthcare law.

  • 08/01/2017 20:06:49

    UPDATE 3-Court allows Democratic states to defend Obamacare payments

    WASHINGTON, Aug 1 (Reuters) - A U.S. appeals court on Tuesday allowed Democratic state attorneys general to defend subsidy payments to insurance companies under the Obamacare healthcare law, a critical part of funding for the statute that President Donald Trump has threatened to cut off.

  • 07/25/2017 06:41:35

    HCA Healthcare stock drops 7% on Q2 profit, revenue misses

    HCA Healthcare Inc. stock dropped as much as 7% in premarket trade Tuesday after the company reported second-quarter profit and revenue misses. Earnings for the latest quarter declined to $657 million, or $1.75 per share, from $658 million, or $1.65 per share in the year-earlier period. The FactSet EPS consensus is $1.80. Revenue rose to $10.73 billion from $10.32 billion, compared with the FactSet consensus of $10.76 billion. The latest results include 1 cent per share in gains on sales of facilities and 2 cents per share in legal claim costs, HCA said. The company affirmed its 2017 revenue outlook of $43 million to $44 million but cut its 2017 EPS outlook to between $7 and $7.30 from between $7.20 and $7.60. HCA shares have risen 1.8% over the last three months, compared with a 3.4% rise in the S&P 500 . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/24/2017 00:46:21

    Trump to make statement on healthcare Monday: reports

    U.S. President Donald Trump is expected to deliver a statement on health care Monday, according to media reports. Trump is expected to make the comments at 3:15 p.m. Eastern Time, just ahead of an event with "victims of Obamacare" at the White House. Last week Republicans ditched a plan to repeal and replace Obamacare simultaneously after four senators refused to support it. Senate majority leader Mitch McConnell said he plans to hold a vote to repeal Obamacare this week. In a warning over healthcare late Sunday Trump tweeted: "If Republicans don't Repeal and Replace the disastrous ObamaCare, the repercussions will be far greater than any of them understand!"Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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