A combination of sicker patients and stable commercial reimbursement anchored CommonSpirit Health’s finances at the end of 2020. Executives on the not-for-profit health system’s investor call Monday for the quarter ended Dec. 31, 2020—the second quarter of its fiscal 2021—noted
CommonSpirit’s CHI St. Luke’s on Friday reached a new contract agreement with Blue Cross and Blue Shield of Texas, ending a dispute that could have prevented 65,000 patients on those plans from accessing its hospitals.Houston-based CHI St. Luke’s had pushed
Dive Brief: CHI Franciscan and Virginia Mason Health System, two Washington state health systems, will now operate as one, under the name, Virginia Mason Franciscan Health. CommonSpirit Health, one of the nation’s largest nonprofit health systems, is the parent company of CHI Franciscan.
CHI St. Luke’s Health will officially be out of network for Molina Healthcare members beginning on Thanksgiving Day, the health system announced Wednesday. The Houston-based CommonSpirit Health subsidiary had threatened to end its relationship with both Molina and Blue Cross
CommonSpirit Health’s finance chief chalked up the not-for-profit health system’s $550 million operating loss in its fiscal 2020 largely to the COVID-19 pandemic. The Chicago-based system drew $29.6 billion in operating revenue in the fiscal year ended June 30, a