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Community Health Systems Inc

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  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • BOSTON, March 17- Health insurer Premera Blue Cross said on Tuesday it was a victim of a cyberattack that may have exposed medical data and financial information of 11 million customers in the latest case of healthcare company reporting a serious breach. Premera said it is working with the FBI and investigators from FireEye Inc to investigate the matter.

  • NEW YORK, March 4- U.S. hospital executives said on Wednesday they were optimistic they will avoid the toughest consequences of a Supreme Court decision on whether millions of Americans can continue to purchase subsidized health benefits under Obamacare. "I am hopeful that the court will recognize and uphold the intent of Congress, which was to expand coverage...

  • WASHINGTON, March 4- The U.S. Supreme Court appeared sharply divided on ideological lines on Wednesday as it tackled a second major challenge to President Barack Obama's healthcare law, with Justice Anthony Kennedy emerging as a likely swing vote in a ruling. Conservatives Antonin Scalia and Samuel Alito asked questions sympathetic to the challengers.

  • NEW YORK, March 4- Options on U.S. hospital companies were unusually active on Wednesday, with bets leaning to the bullish side as the U.S. Supreme Court heard arguments on a major challenge to President Barack Obama's healthcare law. Shares of major hospital operators rose as investors interpreted comments made by Supreme Court justices during arguments as...

  • WASHINGTON, March 4- The U.S. Supreme Court heard arguments on Wednesday on a second major challenge to President Barack Obama's healthcare law, but no clear majority was immediately apparent in the case that takes aim at a pivotal part of the statute providing tax subsidies to help people afford insurance. A couple of dozen demonstrators from the conservative...

  • NEW YORK/ BOSTON, Feb 11- Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market. "People feel that this will be the year of medical...

  • Anthem said that it immediately made every effort to close the security vulnerability and reported the attack to the FBI. Michael McCaul, a Republican from Texas and chairman of the Committee on Homeland Security, said in a statement late Wednesday. The FBI had warned last August that healthcare industry companies were being targeted by hackers, publicizing...

  • Feb 4- Health insurer Anthem Inc said hackers broke into a database containing personal information on about 80 million of its customers and employees, the Wall Street Journal reported. Michael McCaul, a Republican from Texas and chairman of the Committee on Homeland Security, said in a statement late Wednesday. The FBI had warned last August that healthcare...

  • Early Movers: BZH, YHOO, AOL, SEAS, AGN, WMT & more Wednesday, 12 Nov 2014 | 8:27 AM ET
    Trader on the floor of the New York Stock Exchange.

    These are the stocks posting the largest moves before the bell: BZH, YHOO, AOL, SEAS, AGN, WMT & more.

  • US STOCKS-Wall St flat as healthcare offsets energy Friday, 7 Nov 2014 | 2:41 PM ET

    NEW YORK, Nov 7- U.S. stocks were little changed on Friday as gains in energy shares were offset by falling healthcare stocks, in the wake of October payrolls data that indicated economic resilience in the face of slowing global demand. The unemployment rate fell to 5.8 percent, the lowest since July 2008, even as more people entered the labor force.

  • WASHINGTON, Nov 7- The U.S. Supreme Court agreed on Friday to hear a legal challenge to a key part of the Obamacare health law that, if successful, would limit the availability of federal health insurance subsidies for millions of Americans. The plaintiffs have appealed a July ruling by the 4th U.S. Circuit Court of Appeals that upheld the subsidies.

  • Like it or not, Obamacare's juicing health stocks Wednesday, 5 Nov 2014 | 8:50 AM ET
    'HealthCare.gov has a lot of visitors right now!' exclaims a Sunshine Life and Health Advisors website for the Affordable Care Act set up at the Mall of Americas in March 2014 in Miami.

    Want to know what's giving health stocks confidence in profit forecasts? Like it or not, it's the Affordable Care Act, aka Obamacare.

  • Nov 3- Hospital operator Community Health Systems Inc reported a quarterly profit above average analyst expectation as admissions in its hospitals soared 49 percent. Net profit rose to $62 million, or 54 cents per share, for the third quarter ended Sept. 30 up from $4.1 million, or 4 cents per share, a year earlier. Excluding special items, the company earned $1.01...

  • Larry Robbins has four big stock ideas Tuesday, 21 Oct 2014 | 1:56 PM ET
    Larry Robbins

    Larry Robbins of Glenview Capital unveiled four new stock picks at the Robin Hood Investors conference Tuesday.

  • Medicaid 'expanding' profits for health systems Wednesday, 3 Sep 2014 | 12:01 AM ET
    Medicine doctor blood pressure

    Hospitals in states that expanded Medicaid are reaping financial benefits in excess of original estimates, a new report found.

  • US bank group: Unaware of 'significant' cyberattack Friday, 29 Aug 2014 | 6:24 AM ET

    An influential U.S. financial services industry group is downplaying concerns about possible breaches at JPMorgan Chase and other banks.

  • Midday movers: Apple, Fabrinet, Lear & more Monday, 18 Aug 2014 | 12:57 PM ET
    A woman walks down a staircase at the Wall Street subway station, New York City.

    Some of Monday's midday movers:

  • Chinese hackers target 4.5M US patients Monday, 18 Aug 2014 | 11:59 AM ET
    Cyber security

    Community Health Systems said a group believed to be operating out of China attacked its hospitals, affecting 4.5 million patients. Re/code reports.