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More in Financial Management

With reimbursements from Medicare, Medicaid and commercial payors shrinking, hospitals and health systems are exercising greater prudence on where they are spending their money.

Health insurer Humana announced it has acquired Metropolitan Health Networks, based in Boca Raton, Fla., in an approximately $850 million transaction.

Although most New Jersey hospitals fared OK from an operational standpoint, bad investments and pension obligations hammered away at their total margins in fiscal year 2011, according to a year-end financial report from the New Jersey Hospital Association.

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