Ohio Health Market Review found that Cincinnati-area hospitals saw their combined net income fall from $290.5 million in 2007 to $14.7 million in 2008, according to report by the Business Courier of Cincinnati.
Capital
President Obama's proposed $3.8 trillion budget for 2011, released Monday, would allocate $900 billion for HHS, including a six-month extension of enhanced federal Medicaid payments to states.
Massachusetts hospitals and physician groups with market clout negotiate rates that are twice as high as for other hospitals, and such clout is the main cause of healthcare inflation in the state, according to a release by State Attorney General…
President Obama played down health reform in his State of the Union Address, not bringing it up until halfway through the speech, according to a report by NPR.
Pres. Obama's $3.8 trillion budget for 2011, which was submitted to Congress this morning, includes $25 billion to states for funding Medicaid, according to a report by the Wall Street Journal.
The U.S. Department of Housing and Urban Development has published a proposed rule that would allow hospitals to refinance mortgage debt for purposes other than construction, according to HUD.
UnitedHealthcare and WellPoint, the nation's first- and second-largest health insurers, are getting tough in rate negotiations with hospitals and physicians, and WellPoint says employers are backing it up.
Mayo Clinic on has raised $1.35 billion in a five-year fundraising campaign, surpassing its goal of $1.25 billion, according to a report from Business Week.
Lobbying disclosure reports show that that the health insurance lobby increased spending by 24 percent in 2009, as Congress debated health reform legislation, according to The Hill.
As the advance of healthcare reform efforts has slowed, Congressional Democrats are considering using budget reconciliation to push healthcare legislation through to Pres. Obama's desk without a 60-vote approval in the Senate, according to a report by the New York…