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Stock Market & Financial Investment News

News Breaks
May 28, 2014
13:53 EDTLPNT, THC, HCA, CYHHospitals uncertain how to pay for uninsured, The Hill says
Hospitals are unsure how they will pay for uninsured patients going forward, as Medicare and Medicaid payments for such patients are set to decline this year, according to The Hill. Medicare payments for uninsured patients are set to drop this year, while Medicaid payments for the uninsured are supposed to decline in 2016, the website stated. Publicly traded hospital chains include Community Health (CYH), HCA Holdings (HCA), Tenet Healthcare (THC), and LifePoint Hospitals (LPNT). Reference Link
News For LPNT;THC;HCA;CYH From The Last 14 Days
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August 21, 2014
07:03 EDTLPNTDuke LifePoint to acquire Conemaugh Health System
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August 18, 2014
10:41 EDTCYHCommunity Health discloses personal data compromised in cyber attack
Earlier today, Community Health (CYH) disclosed in a filing that in July Community Health Systems confirmed that its computer network was the target of an external, criminal cyber attack that the company believes occurred in April and June. The company and its forensic expert, Mandiant, a FireEye company (FEYE), believe the attacker was an “Advanced Persistent Threat” group originating from China who used highly sophisticated malware and technology to attack the company’s systems.The company has been informed by federal authorities and Mandiant that this intruder has typically sought valuable intellectual property, such as medical device and equipment development data. However, in this instance the data transferred was non-medical patient identification data related to the company’s physician practice operations and affected approximately 4.5M individuals who, in the last five years, were referred for or received services from physicians affiliated with the company. The company has confirmed that this data did not include patient credit card, medical or clinical information; the data is, however, considered protected under the Health Insurance Portability and Accountability Act because it includes patient names, addresses, birthdates, telephone numbers and social security numbers. The company does not believe this incident will have a material adverse effect on its business or financial results.
August 11, 2014
06:57 EDTCYHAvondale to hold a conference
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