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President Barack Obama's re-election was a major event for the entire country, but it's a relatively neutral event for the…
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President Barack Obama's re-election was a major event for the entire country, but it's a relatively neutral event for the credit of non-profit hospitals, according to a report from Moody's Investors Service.
Now that this year's local, state and federal elections have been decided, the hospital and health system sector can finally breathe a small sigh of relief that there is some finality in regard to the future of healthcare reform.
Dominic Nakis, CFO of Oak Brook, Ill.-based Advocate Health Care, has been with the organization since its inception in 1995, and now the health system is one of the preeminent institutions in the country for healthcare reform and financial stability.
A sharp rise in outpatient surgeries and several cost containment measures helped Dallas-based Tenet Healthcare (pdf) record a profit of $40 million in the third quarter of 2012 — more than six times its $6 million profit from the third…
The five largest commercial and investor-owned health insurers — UnitedHealth Group, WellPoint, Aetna, Cigna and Humana — posted a massive cumulative profit of $3.64 billion in the third quarter of the 2012 fiscal year.
Health insurer WellPoint's net income in the third quarter of fiscal year 2012 increased 1.2 percent from a year ago, from $683.2 million in 2011 to $691.2 million this year.
Saint Anthony Hospital, a 151-bed safety-net facility that primarily cares for the poor and minority population in southwest and west Chicago, has launched a campaign against the Illinois Department of Healthcare and Family Services, saying the state has unlawfully withheld…
If hospitals and health systems focus their efforts on becoming a "sustainable" organization to reduce their costly environmental footprints, they could realize savings of $15 billion over 10 years, according to a study from The Commonwealth Fund (pdf).
Community Hospital Consulting, one of Plano, Texas-based Community Hospital Corp.'s three distinct organizations, has added Gunnison (Colo.) Valley Health as a consulting client.
A recent article by David McCann, senior editor at CFO Magazine, argues that President Barack Obama's signature healthcare law may indeed reduce healthcare costs, but it will be a "relative drop in the bucket" to unraveling the "problem of back-breaking"…