money flow

Cambia Health Solutions’ Profit Climbs by 95 Percent

Its 2012 report shows continued decline in health insurance premium revenues
  June 14, 2013 -- Cambia Health Solutions is making less money from health insurance with every passing year. The Pacific Northwest insurance giant collected $7.4 billion in health insurance premiums in 2012 – down by $96.3 million from the year before. Since 2009, Cambia premium revenue has declined by 13.3 percent, according to financial documents obtained through public records requests by The Lund Report. Read More >>

128 Students to Receive $2,000 KAISER Permanente Health Care Career Scholarships on May 18

May 15, 2013 — When Annel Mendoza was 6 or 7, she learned her cousin had a heart murmur. After watching her cousin go from surgery through recovery, Mendoza decided that she wanted to become a heart surgeon. Read More >>

Cambia Health Solutions Targets Businesses with Private Health Exchange

The company, which offers insurance through Regence BlueCross BlueShield in Oregon, has launched TailorWell while pulling back from public insurance marketplace
May 8, 2013 -- One of the largest health insurers in the Pacific Northwest has set up a private insurance exchange aimed at enrolling workers at medium-sized businesses, even as it opts to keep its flagship health plans off the public exchanges that will start connecting individuals and small businesses to insurance later this year. Read More >>

Provider Tax Boosts Revenue for Oregon’s Largest Hospitals

But it’s unknown how much these individual hospitals actually pay for this tax since the Oregon Health Authority is prohibited from releasing these details to the public.
May 3, 2013 -- A tax on Oregon’s largest hospitals seems to be giving these organizations a financial edge by boosting how much they’re paid for treating Oregon Health Plan patients. Read More >>

For-Profit Hospitals Skimp on Charity Care

Overall, spending on care for the poor dropped statewide while enrollment climbed in the Oregon Health Plan
April 26, 2013 – Oregon's two for-profit hospitals are among the stingiest hospitals in the state when it comes to providing care for the poor. Read More >>

Hospital CEO Pay Climbs Faster Than U.S. Wages

Former leaders continue to receive millions in post-retirement payments
April 19, 2013 -- Executives at Oregon’s largest hospitals and hospital networks saw their compensation climb in 2011 at double the rate of most American workers. Read More >>

Health Net President Chris Ellertson Leads with 86 Percent Salary Increase

Looking at the executive compensation among health insurance executives in 2012, John Stellmon, who retired from Regence last April, was the highest paid, earning $1.8 million, a 537% increase from 2011
  April 17, 2013 – The profit margins of Oregon’s health insurance companies remained razor thin last year, but that didn’t hinder any of their top executives from taking home bigger paychecks.
 
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Hospital finances: Samaritan Health, Bay Area, McKenzie-Willamette, Willamette Valley

Good Samaritan Corvallis posts losses while Oregon’s two for-profit hospitals deliver strong margins in 2011
April 12, 2013 -- Oregon’s two major for-profit hospitals had some of the strongest profit margins in the state in 2011, behind only Legacy Meridian Park Medical Center, according to details revealed in this sixth installment in a series examining the state of Oregon hospitals. Read More >>

Hospital Finances: Rogue Regional, Three Rivers, Sky Lakes, Mercy Medical, St. Charles

At all five hospitals, revenue increased while charity care went down in the latest installment of our series on hospital finances
April 10, 2013 -- Revenue climbed at five central and southern Oregon hospitals in 2011, even as they all reduced how much they spent on charity care. Expenses were up as well, and four of the five saw profit margins decline, according to financial details revealed in this fifth installment in a series examining the state of Oregon hospitals. Read More >>

Hospital Finances: A Look at OHSU, Kaiser, Adventist and Tuality

All of Kaiser's hospitals walked away with the highest profit margin in 2011 followed by OHSU Hospital and Adventist Medical Center, while Tuality Community Hospital ended up in the red
April 5, 2013 -- This story is the fourth in a series that is examining the state of Oregon hospitals. Today, the Lund Report looks at OHSU Hospital, Kaiser Sunnyside Medical Center, Adventist Medical and Tuality Community Hospital. Read More >>
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