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Since May 1999, Phil Peterson has served as CFO of Mercy Medical Center in Cedar Rapids, Iowa, and the 314-bed…
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Since May 1999, Phil Peterson has served as CFO of Mercy Medical Center in Cedar Rapids, Iowa, and the 314-bed hospital has grown into one of the most financially stable hospitals in the area.
Orlando (Fla.) Health recently reported a surplus of $82.1 million in fiscal year 2012, almost $18 million higher than last year, but Orlando Health's operations actually lost money in the fourth quarter of this year, according an Orlando Business Journal…
If all states implemented the Medicaid expansion within the Patient Protection and Affordable Care Act, the total cost would be only $8 billion more than what states would spend on Medicaid under the PPACA without the expansion from 2013 through…
Hospitals and health systems are looking to save every penny these days as reimbursements of all kinds continue to shrink, and Glen Falls (N.Y.) Hospital found new profitability in an often-overlooked area of a hospital — its café, according to…
BayCare Health System, a 10-hospital system based in Clearwater, Fla., has officially ended its contract with health insurer UnitedHealthcare, which will affect 400,000 United consumers in the Clearwater-Tampa Bay area, according to a WUSF News report.
Some analysts are beginning to worry the fiscal cliff negotiations between President Barack Obama and Congress will eventually involve concessions from healthcare providers, and three for-profit hospital stocks were downgraded yesterday as a result, according to a MarketWatch report.
For hospital executives who thought 2012 was a tough financial year, 2013 may be even more constricting.
This April, Alan Strauss officially became CFO of Carondelet Health Network, a three-hospital system based in Tucson, Ariz., that is also home to the world-renowned Carondelet Neurological Institute.
The U.S. District Court for the District of Columbia recently ruled (pdf) that a 2004 HHS rule change in how Medicare disproportionate share hospital payments were calculated must be vacated due to the department's "gravely flawed" rulemaking process.
Glenview Capital Management has grown its ownership of Franklin, Tenn.-based hospital operator Community Health Systems, as the New York City-based hedge fund now owns 7.65 million CHS shares — roughly 8.4 percent of CHS' outstanding shares, according to a recent…