Capital

The Healthcare Financial Management Association generally supports a proposed rule to improve hospitals' access to capital but has some concerns about some of the measurements that would be used, according to a release by the HFMA.

Larry Bowen, MBA, CCM, a treasury executive with more than 15 years' experience, is seeking a new employment opportunity.

St. Vincent's Hospital Manhattan is preparing to put on the market an 180,000-square-foot building at 555 Avenue of the Americas, less than two weeks after filing for bankruptcy protection, according to a report in The New York Times.

Palm Drive Hospital, Sebastopol, Calif., which was plunged into bankruptcy three years ago, expects a pending $10 million bond sale will help improve its financial stability and pave the way for future improvements, according to a report in the North…

The Detroit City Council voted 7-1 to approve a Renaissance Zone permit for Detroit Medical Center, exempting the hospital and buyer Vanguard Health Systems from most city, county and state taxes for 12 years, according to a report in the…

The proposed sale of Detroit Medical Center to for-profit Vanguard Health Systems could intensify competition among not-for-profit hospitals in the Detroit area, according to a report by the Detroit News.

Florida legislators could agree to provide struggling Miami-based Jackson Health System $50 million, if the system meets certain provisions in changing how it conducts business, according to a report in The Miami Herald.

Vanguard Health System has agreed to place $500 million of privately held stock in escrow to make sure it invests the capital in renovations to Detroit Medical Center's hospitals, according to a report in The Detroit News.

Mountain View Hospital in Idaho Falls, Idaho, is partnering with Nashville, Tenn.-based Symbion Healthcare, according to a report by KPVI News Idaho Falls.

Boston is expected to introduce a plan next month that would charge non-profits in the city, including non-profit hospitals, a fee equal to 25 percent of their properties' tax assessment in order to increase city revenue, according to a report…