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More in Financial Management

President Barack Obama's re-election made for a big Wednesday last week for the country's largest for-profit hospital operators, but many of those companies coughed up those gains by the end of the week.

Here are six issues dealing with Medicare or Medicaid that occurred in the past week, starting with the most recent.

A tax break for for-profit hospitals, aimed at saving the state's Medicaid program, will cost Illinois $10 million a year in lost revenue, according to a Peoria Journal-Star report.

For the past nine years, Jacob McWay has overseen the financial oversight of Springfield, Mo.-based CoxHealth as CFO, and the system has grown to an enterprise with annual operating revenues of roughly $1 billion.

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