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In the News

Microsoft profit soars 33% on AI, cloud-computing investments

February 4, 2024

"Microsoft Q4 profit rocketed 33% due to AI, cloud-computing investments, primarily in cloud-computing unit. Net income was $21.87 billion, exceeding expected $2.79/share. Revenue surged 18% to $62.02 billion, surpassing predictions. Microsoft’s expected ad revenue growth is 12%, potentially adding $14.93 billion in worldwide ad revenues. The results include Activision Blizzard's finances, acquired for $69 billion. The merger increased revenue growth by four points but trimmed operating profits by $440 million. Despite initial share drop, analysts believe investors are worried about Microsoft's aggressive investment plans."

Microsoft profit soars 33% on AI, cloud-computing investments Yahoo News

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National Hospital Flash Report: January 2024

February 4, 2024

Post-COVID-19, hospitals' worst financial year, 2023 shows improvement in operational, financial measures with 2.3% increase in margins according to the National Hospital Flash Report, January issue.

National Hospital Flash Report: January 2024 Kaufman Hall

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10 health systems with strong finances

February 4, 2024

Credit agencies Fitch Ratings and Moody's Investors Service highlight solid financial and operational health of 10 systems: Duke University Health System, JPS Health Network, Mass General Brigham, Med Center Health, MyMichigan Health, Oregon Health & Science University, Orlando Health, TriHealth, University of Colorado Health, and Willis-Knighton Medical Center; all have stable outlooks and high ratings, reflecting robust performance, growth and market positions.

10 health systems with strong finances Beckers Hospital Review

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Optum didn't build hospitals — it hired their employees

February 4, 2024

In 2018, former UnitedHealth Group CEO David Wichmann ruled out building or owning hospitals for Optum's growth strategy. Instead, the plan focused on managing administrative services for health systems for Optum Care's $100m goal by 2028. By 2024, Optum had signed nine partnerships, including Allina Health, and hired their employees to support the systems. Wichmann had also said Optum wouldn't buy post-acute care facilities, but the company now owns naviHealth, a post-acute management organization, and bought LHC Group, a home health provider, in 2023. Optum also plans to buy Amedisys, a home and hospice care provider, for $3.3 billion. Optum's revenue exceeded $226 billion in 2023, with Optum Health surpassing $95 billion.

Optum didn't build hospitals — it hired their employees Beckers Hospital Review

Read More

Microsoft profit soars 33% on AI, cloud-computing investments

February 4, 2024

"Microsoft Q4 profit rocketed 33% due to AI, cloud-computing investments, primarily in cloud-computing unit. Net income was $21.87 billion, exceeding expected $2.79/share. Revenue surged 18% to $62.02 billion, surpassing predictions. Microsoft’s expected ad revenue growth is 12%, potentially adding $14.93 billion in worldwide ad revenues. The results include Activision Blizzard's finances, acquired for $69 billion. The merger increased revenue growth by four points but trimmed operating profits by $440 million. Despite initial share drop, analysts believe investors are worried about Microsoft's aggressive investment plans."

Microsoft profit soars 33% on AI, cloud-computing investments Yahoo News

Read More

National Hospital Flash Report: January 2024

February 4, 2024

Post-COVID-19, hospitals' worst financial year, 2023 shows improvement in operational, financial measures with 2.3% increase in margins according to the National Hospital Flash Report, January issue.

National Hospital Flash Report: January 2024 Kaufman Hall

Read More

10 health systems with strong finances

February 4, 2024

Credit agencies Fitch Ratings and Moody's Investors Service highlight solid financial and operational health of 10 systems: Duke University Health System, JPS Health Network, Mass General Brigham, Med Center Health, MyMichigan Health, Oregon Health & Science University, Orlando Health, TriHealth, University of Colorado Health, and Willis-Knighton Medical Center; all have stable outlooks and high ratings, reflecting robust performance, growth and market positions.

10 health systems with strong finances Beckers Hospital Review

Read More

Optum didn't build hospitals — it hired their employees

February 4, 2024

In 2018, former UnitedHealth Group CEO David Wichmann ruled out building or owning hospitals for Optum's growth strategy. Instead, the plan focused on managing administrative services for health systems for Optum Care's $100m goal by 2028. By 2024, Optum had signed nine partnerships, including Allina Health, and hired their employees to support the systems. Wichmann had also said Optum wouldn't buy post-acute care facilities, but the company now owns naviHealth, a post-acute management organization, and bought LHC Group, a home health provider, in 2023. Optum also plans to buy Amedisys, a home and hospice care provider, for $3.3 billion. Optum's revenue exceeded $226 billion in 2023, with Optum Health surpassing $95 billion.

Optum didn't build hospitals — it hired their employees Beckers Hospital Review

Read More
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