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Faced with a projected $20 million deficit this fiscal year, San Joaquin General Hospital in Stockton, Calif., may lay off…
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Faced with a projected $20 million deficit this fiscal year, San Joaquin General Hospital in Stockton, Calif., may lay off up to 100 employees or even put itself up for sale, according to the Tracy Press.
Anthem Blue Cross of California has agreed to postpone big rate increases for individual policyholders from March 1 to May 1 so outside actuaries can review its rate proposal, according to a report by the Los Angeles Times.
Minnesota Gov. Tim Pawlenty is proposing to cut $347 million from the state health services budget, including Medicaid, and remove 21,500 people from the state's MinnesotaCare program, according to a release from the Minnesota Hospital Association.
St. Vincent's Hospital Manhattan began laying off over 300 workers starting Feb. 12 and has asked other employees to take temporary 120-day pay cuts of 10-25 percent to prevent the hospital from closing, according to a report in the New…
Standard & Poor's and Moody's have both reaffirmed strong bond ratings for North Carolina Baptist Hospital in Winston-Salem, a major financial component of Wake Forest University Baptist Medical Center, citing the hospital's current positive focus on integrating management, governance and…
California's Kaiser Permanente released its financial earnings for 2009, announcing a $2.1 billion profit for 2009, according to a report by the San Francisco Business Times.
Massachusetts Governor Seeks Authority to Veto Rates Charged by Physicians and Healthcare Facilities
Massachusetts Gov. Deval Patrick has introduced a bill that would give the state insurance commissioner the power to reject rates charged by hospitals, physician groups, other healthcare facilities and insurers, according to a report by the Boston Globe.
U.S. Department of Health and Human Services Secretary Kathleen Sebelius has responded to a letter received by WellPoint in response to a letter she sent to the insurer requesting justification for Anthem Blue Cross of California's rate hikes for individual…
Officials from the University of Connecticut have recommended $342 million in updates to John Dempsey Hospital in Farmington, Conn., to develop a downtown academic campus that would include collaboration with other area hospitals, according to a report in the Hartford…
A recent study by the Iowa Hospital Association found that the state's 118 community hospitals provide more than 74,000 jobs, pay more than $3.6 billion in salaries and benefits and create a $6.1 billion impact to Iowa's economy, according to…