The U.S. Department of Housing and Urban Development has announced that the Federal Housing Administration will now provide mortgage loan insurance for hospital refinancing, according to a HUD news release.
Capital
Here is a round-up of statistics on capital spending by hospitals and access to available capital, according to the AHA.
Yes, Virginia, there is a silver lining in healthcare construction.
In a letter to U.S. Rep. Barney Frank (D-Mass.), chairman of the House Committee on Financial Services, American Hospital Association executive vice president Rick Pollack asked for help for tax-exempt hospitals in any proposed federal legislation supporting the municipal securities…
Indianapolis hospitals have experienced "epic" investment losses, totaling millions of dollars, according to a report by the Indianapolis Business Journal.
Access Mediquip — Access Mediquip is one of the largest providers of outsourced implantable device management solutions. The company is a leader in handling medical device payment and related issues for ASCs. www.accessmediquip.com
Implantable Provider Group — IPG manages all aspects of high-cost implantable medical device utilization for providers, facilities, manufacturers and commercial payors. The company simplifies the complex procurement, contracting and billing associated with these devices, thereby streamlining the process and normalizing…
Shares of Universal Health Services, one of the nation's largest healthcare management corporations, were up after a Credit Suisse analyst upgraded its stock rating from "neutral" to "outperform," according to a report on Forbes.com.
Sutter Health, a 26-hospital health system based in Sacramento, Calif., has halted the construction of several projects, according to a report in The San Francisco Business Times.
The U.S. House Budget Committee approved a fiscal year 2010 budget resolution that contains a reserve fund that would allow for future healthcare reform, according to a news release from the American Hospital Association.