Tag Archives: fund

UHS grows profit, even as DOJ settlement fund hits $90 million

Universal Health Services grew its third-quarter profit by nearly 22% year-over-year, the investor-owned hospital chain announced Thursday. The King of Prussia, Pa.-based company reported $ 171.7 million in net income during the quarter, up from $ 141.2 million during the same period in 2017. Net revenue rose by 4.2% to $ 2.65 billion, compared with… Read More »

HHS grants to fund improvements to disaster response

The Department of Health and Human Services is awarding grants to demonstrate the potential effectiveness and viability of building regional disaster health response systems. Nebraska Medicine and Massachusetts General Hospital have each received $ 3 million grants to conduct initial pilot programs from the agency, because major disasters can surpass the level of medical care… Read More »