Uni­tyPoint re­ports weaker fi­nan­cial re­sults

Modern Healthcare - - REGIONAL NEWS - —Bob Her­man

Uni­tyPoint Health ex­pe­ri­enced weaker fi­nan­cial re­sults in its most re­cent quar­ter as the West Des Moines, Iowa-based health sys­tem strug­gled with lower ad­mis­sions and the in­te­gra­tion of an ac­qui­si­tion that took it into the in­sur­ance space.

Meriter Health Ser­vices in Madi­son, Wis., had agreed to be­come a Uni­tyPoint af­fil­i­ate, giv­ing Uni­tyPoint its first pres­ence in the Badger State. The not-for-profit Meriter in­cludes a 301bed hospi­tal and for-profit Physi­cians Plus In­sur­ance Corp. The or­ga­ni­za­tion of­fi­cially joined Uni­tyPoint in Jan­uary.

Meriter’s health in­sur­ance arm lost $46 mil­lion from fis­cal 2012 through the first six months of fis­cal 2013. The deal marks Uni­tyPoint’s de­but in the in­sur­ance mar­ket.

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