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Alice Pope's 12 years in various financial executive roles within Wellmont Health System — an eight-hospital system based in Kingston,…
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Alice Pope's 12 years in various financial executive roles within Wellmont Health System — an eight-hospital system based in Kingston, Tenn., with total revenue of $797 million last year — paid off as she was recently promoted to CFO.
National healthcare expenditures grew to $2.695 trillion in 2011, a 3.9 percent increase from $2.594 trillion in 2010, but what components of the healthcare system consumed the largest portions of NHE?
CMS has increased Medicare payments to four Rhode Island hospitals — Kent Hospital in Warwick, Newport (R.I.) Hospital, South County Hospital in Wakefield and The Westerly (R.I.) Hospital — by $7.1 million to provide more consistency across the state in…
Moody's Investors Services has officially placed the Ba3 bond rating of Lewes, Del.-based Beebe Medical Center on review with an "uncertain" direction in light of the hospital's pending class action lawsuit and settlement involving a former pediatrician who was a…
This article is written by Scott Becker, David Pivnick and Lindzi Timberlake of McGuireWoods.This article discusses 12 ideas and tactics that are critical to ASC success both today and over the next 24 to 36 months. ASCs must both block…
Large employers expect healthcare benefits to rise 7 percent next year, which could consequently leave employees bearing more costs of their healthcare premiums, according to a survey from the National Business Group on Health.
Yesterday, Massachusetts Gov. Deval Patrick signed the healthcare spending bill into law, and Moody's Investors Service believes the legislation is a negative credit outcome for Massachusetts hospitals because the law will "limit their revenue growth and reduce their operating flexibility."
Although adjusted admissions, surgeries and emergency department visits increased in the second quarter of 2012 for Tenet Healthcare (pdf), the Dallas-based for-profit hospital operator posted a $6 million loss, reflecting impairment and restructuring charges.
Franklin, Tenn.-based IASIS Healthcare (pdf) recorded $10.8 million in profit in the third quarter of its 2012 fiscal year, an improvement over a $463,000 loss in the third quarter of 2011, but the for-profit hospital operator's net revenue took a…
Dallas-based Tenet Healthcare Corp. has signed a four-year contracting agreement with Humana; the agreement went into effect Aug. 1.