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1. Key Considerations for Hospitals Looking to Merge, Acquire or Sell
(Matching tags: acquisitions,mergers,hospitals) The recent uptick of hospitals looking to merge, sell, or reposition their facilities doesn't come as a surprise. The economic downturn has forced hospitals across the country to reconsider new futures ...
2. Little Data Available to Show Effectiveness of Long-Term Care Hospitals Transfers
(Matching tags: hospitals,hospital,mortality,JAMA,long term care,acute care) Hospitals are increasingly transferring patients to long term-care facilities after a critical illness, but there is little data to guide such decisions or to verify whether these facilities are effective, ...
3. CMS Requiring Hospital Provider Enrollment Revalidation
(Matching tags: hospitals,Medicare enrollment,revalidation) Hospitals not identified in CMS' on-line enrollment system will be required to revalidate enrollment information when billing for Medicare starting on July 4, according to a transmittal from CMS. ...
4. Hospitals, Physicians Say Federal Healthcare IT Criteria Set Too High
(Matching tags: hospitals,healthcare IT,meaningful use,requirements,too strict) Proposed eligibility criteria for federal healthcare IT funding for hospitals and physicians are so strict that hardly anyone can meet them, not even technologically advanced Kaiser Permanente or Intermountain ...
5. Healthcare Sector Adds 8,000 Jobs in May, Hospitals Show Slight Decline
(Matching tags: hospitals,surgery centers,BLS,physician practices,jobs) The healthcare sector added 8,000 jobs in May for total seasonally adjusted employment of 13.73 million, but some areas saw slight declines during the month, according to data released by the Bureau of ...
6. Hospital and Health Systems Transactions — May 2010
(Matching tags: partnerships,acqusitions,transactions,health systems,mergers,hospitals) Arizona Heart Institute, a physician-owned cardiology group based in Phoenix, signed a letter of intent to merge with Nashville, Tenn.-based Vanguard Health Systems, which operates the five-hospital Abrazo ...
7. AHA Asks IRS to Allow Hospitals to Report Community Service on Consolidated Basis
(Matching tags: hospitals,IRS,AHA,community benefit,Schedule H) The American Hospital Association has asked the Internal Revenue Service to improve Schedule H to allow hospitals to report their community benefit on a consolidated basis, according to a report in AHA ...
8. New Survey Shows Majority of Cardiologists Considering Integrating With Hospitals
(Matching tags: hospitals,reimbursement,cardiology,integration,co-management agreement) A survey conducted by MedAxiom, a network of 300 cardiology practices, shows roughly 60 percent of practices have already integrated with a hospital or are considering it.
9. Medicare Disparity Payments to Hospitals by State for FY 2011
(Matching tags: CMS,hospitals,New York,Medicare,disparity) Hospitals will get $150 million in extra federal payments in fiscal year 2011 to account for regional disparities in Medicare payments. Here is how CMS proposes to split up the money, showing the percentage ...
10. Improving Energy Efficiency at Your Hospital: Q&A with Stewart A. Wood, President and CEO of Veolia Energy North America
(Matching tags: hospitals,Veolia Energy,energy efficiency,combined heat and power) Stewart A. Wood, president and CEO of Veolia Energy North America, discusses the sustainability opportunities and challenges for hospitals and healthcare facilities. ...
11. Southeastern Pennsylvania Hospitals Join Other Providers to Control Readmissions
(Matching tags: hospitals,Pennsylvania,physicians,collaboration,hospital readmissions) Southeastern Pennsylvania hospitals, physicians and other providers are joining together in a new initiative to reduce hospital readmissions, according to a report by the Philadelphia Business Journal. ...
12. CMS Unfairly Links Medicare Cuts to Upcoding, New York Hospitals Say
(Matching tags: CMS,hospitals,New York,reimbursements,upcoding) New York hospitals said CMS' proposal to cut reimbursements nationwide to reflect alleged upcoding of services is unfair and would cause $250 million a year in losses in New York alone, according to a ...
13. Oregon Releases Data on Hospital-Acquired Infection Rates
(Matching tags: hospitals,Oregon,hospital-acquired infections,HAI) Oregon has released the state's first public report on hospital-acquired infections.
14. Insurers Push Las Vegas Hospitals to Improve Quality
(Matching tags: hospitals,transparency,quality,readmissions,Nevads) The Health Services Coalition, a group of 24 self-funded insurance plans, has told a group of 13 Las Vegas area hospitals that if they do not improve the quality of care they provide, that they might send ...
15. Florida Hospitals Losing $287M in Medicaid Funding in New State Budget
(Matching tags: hospitals,Florida,Medicaid funding,budget) Florida hospitals will lose $287.3 million in Medicaid funding as part of a new state budget passed by the legislature and sent to Gov. Charlie Crist to sign, according to a report by the Orlando Business ...
16. CMS Issues Proposed Rule for 2011 Inpatient Payment System
(Matching tags: CMS,hospitals,proposed rule,2011 IPPS) The Centers for Medicare & Medicaid Services has issued its proposed rule for inpatient and long-term acute care hospital prospective payment system payments, which take into account many provisions from ...
17. Study Finds EMR Implementation Increases Costs at California Hospitals
(Matching tags: California,hospitals,electronic medical records) A study of 326 short-term, acute-care California hospitals found that use of an electronic medical records system increased costs per discharge for medical-surgical cases by 6-10 percent, according to ...
18. Wealthy Hospitals Would Pay $100M in Bill Passed by Massachusetts Senate
(Matching tags: hospitals,legislation,Massachusetts,small employers) Under a bill just passed by the Massachusetts Senate, hospitals with large capital reserves would contribute to the state $100 million total to help reduce healthcare costs for small employers, according ...
19. Nine Hospitals Agree to Pay More Than $9.4M to Resolve Kyphoplasty-Related False Claims Allegations
(Matching tags: hospitals,Medicare,kyphoplasty,false claims) Nine hospitals in seven states have agreed to pay the United States more than $9.4 million to settle allegations that they submitted false claims to Medicare related to kyphoplasty procedures performed ...
20. New Senate Bill Permanently Raises Bond Financing Levels for Hospitals
(Matching tags: hospitals,bank-qualified bonds,bond market) A new bill introduced in the Senate would permanently raise banks' bond financing levels to improve hospitals' access to capital, according to a report by AHA News Now. ...
21. Pennsylvania Hospitals See Income Decline for Second Year
(Matching tags: hospitals,Pennsylvania,net income,finance,margins) Total margins realized by Pennsylvania's general acute-care hospitals declined to 2.08 percent in fiscal 2009 from 4.7 percent in fiscal 2008, according to a news release from the Pennsylvania Health Care ...
22. Study Finds Not-For-Profit Hospitals Inadequately Informing Patients on Charity Care
(Matching tags: hospitals,charity care,Access Project,Community Catalyst) Many not-for-profit hospitals are not following voluntary guidelines on informing patients about their eligibility for charity care, according to a joint study by two healthcare advocacy groups, the Access ...
23. Healthcare Sector Reports 20,000 Additional Jobs in April
(Matching tags: healthcare industry,jobs,physicians offices,BLS,surgery centers,hospitals) The healthcare industry saw the addition of 20,100 jobs in April 2010, according to a news release from the Bureau of Labor Statistics.
24. Hospital and Health Systems Transactions — April 2010
(Matching tags: hospitals,mergers,health systems,transactions,acqusitions) The board of directors of Bluefield Regional Medical Center agreed to sell the hospital to a subsidiary of Tennessee-based Community Health Systems.
25. Detroit-Area Hospitals Recovering Financially
(Matching tags: hospitals,Michigan,investments,finances) Most of Southeast Michigan's hospital systems have seen improved profits recently, in the wake of a stronger economy, greater expense controls and stock market improvements, according to a report in Crain's ...
26. Hospitals Readmit 10% of Medicaid Patients Within 30 Days
(Matching tags: hospitals,Medicaid,AHRQ,readmissions) One of every 10 adult Medicaid patients hospitalized in 2007 for any condition other than childbirth had to be readmitted within 30 days of discharge, according to a release from the Agency for Healthcare ...
27. Statistics on Independent vs. Affiliated Community Hospitals, 1999-2008
(Matching tags: hospitals,community hospitals,independent hospitals,number) Here are statistics on the number of independent community hospitals compared to community hospitals that are part of a larger hospital system from 1999-2008, according to the American Hospital Association's ...
28. Chicago Area Hospitals Prepare for Rulings on Tax-Exempt Status
(Matching tags: hospitals,charity care,Illinois,tax-exempt status,Northwestern Memorial,Childrens Memorial) Several large Chicago-area hospitals have requested decisions from the Illinois Department of Revenue on the tax-exempt status of several new construction and expansion projects, in light of the state ...
29. CMS Proposes to Introduce Pay Penalties, Add 10 More Measures to Quality Reporting Program
(Matching tags: marketbasket adjustment,quality reporting,hospitals,CMS) In a proposed rule, CMS wants to introduce financial penalties and add 10 more measures to its Reporting Hospital Quality Data for Annual Payment Update (RHQDAPU) program, according to a release from CMS. ...
30. Proposed Medicare Hospital Rates Could Benefit Devices
(Matching tags: CMS,hospitals,Medicare,medical devices) While CMS' new Medicare rate proposal would reduce hospital payments by 0.1 percent overall, it contains modest increases for procedures involving top cardiology and orthopedic devices, such as drug-coated ...
31. If Physicians' Opinions are a Poor Way to Rank Hospitals, so is Mortality
(Matching tags: hospitals,rankings,reputation,mortality rates) Mortality rates are a poor measure for ranking hospitals based on quality, according to a new article in the British Medical Journal. ...
32. Two Maryland Hospital Systems Battle for State Approval of New Hospitals
(Matching tags: hospitals,Maryland,Holy Cross Hospital,Adventist HealthCare) In Maryland, Holy Cross Hospital, a 450-bed facility in Silver Spring and 887-bed Adventist HealthCare in Rockville are battling for state permission to build a new hospital in Montgomery County's upcountry, ...
33. Medical Malpractice Suits Fall in Pennsylvania for Fifth Year in a Row
(Matching tags: hospitals,Pennsylvania,physicians,malpractice suits,malpractice reform) The number of new medical malpractice suits in Pennsylvania fell to 1,533 in 2009 from 1,602 new cases in 2008, according to a report in the Philadelphia Inquirer.
34. HMC/CAH Consolidated Buying 22-Bed Hospital in North Carolina for $1.6M
(Matching tags: hospitals,North Carolina,sale,HMC/CAH,Hoots Memorial Hospital) Hoots Memorial Hospital in Yadkinville, N.C., will be sold to Kansas City, Mo.-based HMC/CAH Consolidated for $1.6 million, according to a report by the Winston-Salem Journal.
35. 3 Critical Steps for Hospital Executives to Develop a Practical and Implementable Strategy
(Matching tags: hospitals,strategic planning,action plan,Luis Natal,Philips Helathcare Consulting) Most executives will lead the development of a business, organizational or IT strategy for their department or hospital within the first few years of their career. In the past, strategy and planning documents ...
36. Hawaii's Queen's Health System Maintains A+ Rating From S&P
(Matching tags: hospitals,Hawaii,Queens Health System,Standard & Poors,bond rating) Standard & Poor's reaffirmed Honolulu-based Queen's Health System's A+ long-term bond rating on around $365 million of outstanding debt for the fiscal year ended June 30, 2009, according to a report in ...
37. Hospital and Health System Transactions (March 2010)
(Matching tags: acquisitions,health systems,mergers,hospitals) Boston-based non-profit Caritas Christi Health Care agreed to be acquired by New York private equity firm Cerberus Capital Management. The deal is awaiting approval from the Massachusetts Supreme Court ...
38. Overlooked Hospital Equipment Savings Opportunities: Q&A With Dale Hockel of TriMedx
(Matching tags: hospitals,cost savings,TriMedx,expenses,equiment) Dale Hockel is vice president of clinical engineering services and supply chain for TriMedx, a provider of healthcare equipment services serving many different types of providers including hospitals and ...
39. Fundraisers Alter Approach Due to Recession
(Matching tags: hospitals,donations,fundraisers) Fundraisers for hospitals and other not-for-profit organizations have been altering their approach due to the recession, according to a report by USA Today. ...
40. Physicians Replace Top Executives at Two Cincinnati-Area Hospitals
(Matching tags: hospitals,University Hospital,Cincinnati,Le Ann Lisa,Michael Edwards,Carol King,Kevin Joseph,West Chester Medical Center) Senior executives have been replaced by physician leaders at 695-bed University Hospital in Cincinnati and 160-bed West Chester (Ohio) Medical Center, both part of the part of the Health Alliance of Greater ...
41. Big Rise in Hospital-Based Palliative Care Programs From 2000-2008
(Matching tags: hospitals,pallative care,increase) Six in 10 nonfederal acute-care hospitals with more than 50 beds had a palliative care program in 2008, up from four in 10 in 2000, according to a release by the Center to Advance Palliative Care. ...
42. Update on Trends in Hospital Financing With Claudia Gourdon of Healthcare Finance Group
(Matching tags: hospitals,capital,financing,Claudia Gourdon,HFG,credit market) Claudia Gourdon is senior vice president of New York-based Healthcare Finance Group, which specializes in senior debt financing.
43. Becker's ASC Review/Becker's Hospital Review Names 100 Best Places to Work in Healthcare
(Matching tags: healthcare companies,ASCs,hospitals) CHICAGO — Becker's ASC Review and Becker's Hospital Review have announced the "100 Best Places to Work in Healthcare." The 2010 list was developed through nominations, recommendations and research, and ...
44. Audit Finds Billing Errors at Three LSU-Operated Hospitals
(Matching tags: hospitals,Louisiana,LSU,billing errors,audit) A legislative auditor found multiple billing issues at three hospitals operated by Louisiana State University, including inadequate control over financial reporting, inability to locate movable property ...
45. Maryland Shifts Medicaid Funding to Hospitals, Payors
(Matching tags: hospitals,Maryland,Medicaid,payors,expenses) Maryland's unusual hospital rate-setting system is dividing $123 million in expenses for the state's Medicaid program between hospitals and payors, according to the Baltimore Sun. ...
46. Selling Hospital Laboratory Services: Trends, Tips and Advice From Laboratory Billing Solutions
(Matching tags: hospitals,billing,laboratory services,selling,Laboratory Billing Solutions) Many hospitals are looking for new opportunities for revenue or ways to increase their access to capital in the current economic environment. Others are looking to reduce costs and improve efficiencies ...
47. Hospital M&A Activity Down in 2009
(Matching tags: hospitals,mergers,HCA,acquisitions,Irving Levin Associates) The number of mergers and acquisitions among hospitals and hospital systems dropped significantly in 2009 to 52 deals worth a combined total of $1.7 billion from 60 deals worth a combined $2.6 billion ...
48. HFAP Accredits Five of Thomson Reuters' Top Hospitals
(Matching tags: hospitals,rankings,HFAP,Thomson Reuters) Healthcare Facilities Accreditation Program has announced that five of Thomson Reuters' 100 Top Hospitals are accredited by the organization, according to an HFAP news release. ...
49. Report Sees Flaws in Proposed Changes in Hospital Wage Index
(Matching tags: CMS,hospitals,MedPAC,wage index) A new report to CMS says most hospitals receiving wage index reclassifications and exceptions would not benefit from a new methodology proposed by the Medicare Payment Advisory Commission, according to ...
50. Historical Society Asks Judge to Block Two Proposed New Orleans Hospitals
(Matching tags: hospitals,lawsuit,Louisiana,construction,National Trust) The National Trust for Historic Preservation has asked a U.S. District judge to block the construction of two replacement hospitals in New Orleans' Mid-City district, saying it would ruin the historical ...

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