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More in Financial Management

Crouse Hospital in Syracuse, N.Y., has agreed to pay $50,000 to the city per year over the next four years to help defray the costs of services that would normally be covered through property taxes, according to a Post-Standard report.

If Congress passes a temporary fix to the sustainable growth rate for this year, as is expected, the total one-year cost will be $25 billion, according to the most recent figures from the Congressional Budget Office.

The pressure for hospitals to trim costs is on and only growing more intense. Supply chains are becoming greater targets for savings, especially as the portion of costs involved in the supply chain continues to increase. "It's becoming a mandatory…

For a hospital's supply chain to be effective, there must be prompt strategic discussions and action plan development from both C-level executives and supply chain leaders, according to the Association for Healthcare Resource & Materials Management Executive Thought Leader Forum.

Atlanta-based SunLink Health Systems (pdf) reported a net loss of $1.42 million in the first quarter of fiscal year 2013, which was slightly less than its loss of $1.56 million in the first quarter last year.

The city of Tacoma, Wash., the headquarters of both MultiCare and Franciscan Health System, is proposing the restoration of business and occupation taxes to the two major non-profit systems to help assuage the city's budget deficit, according to a News…

Hospital and healthcare revenue growth rates continue to trudge along at glacial rates, as the average per capita cost of healthcare services covered by commercial payors and Medicare increased only 5.06 percent, according to Standard & Poor's Healthcare Economic Indices…

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