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More in Financial Management

Sean Whilden has been the CFO of Houston Healthcare in Warner Robins, Ga., since December 2011, and the two-hospital system is continuing its strong financial performance within Georgia's Houston County.

Franklin, Tenn.-based Community Health Systems' profit in the second quarter of fiscal year 2012 surged 136 percent — from $35.4 million last year to $83.4 million this year — but an impairment loss heavily influenced last year's net income.

Wellington Management Company, a Boston-based investment management firm with roughly $719 billion in managed assets, has increased its shares of Naples, Fla.-based Health Management Associates, according to a recent filing with the U.S. Securities and Exchange Commission.

Profit at Indianapolis-based health insurer WellPoint dropped 8.3 percent in the second quarter ended June 30, 2012, from $701.6 million in 2011 to $643.6 million.

Brentwood, Tenn.-based LifePoint Hospitals has entered into a credit agreement for $800 million in loans — a $450 million term loan and a $350 million revolving credit facility, which matures in July 2017.

As the government gears up to expand Medicaid, 13 states have made or are about to make cuts to their Medicaid programs to offset budget pressures, according to a Kaiser Health News report.

Per capita costs of all healthcare services covered by Medicare and commercial insurers rose 6.05 percent year-over-year through May 2012, down slightly from last month's numbers, according to the Standard & Poor's Healthcare Economic Indices (pdf).

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