Downey (Calif.) Regional Medical Center-Hospital has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code, according to a DRMC news release on Reuters.

Baptist Memorial Hospital Memphis (Tenn.) posted $1.2 billion in charges billed to patients and payors for 2008, topping other hospitals in the area, according to a report by the Commercial Appeal.

The 2009-2010 Hospital Value Index, a study exploring best practices for delivering affordable, quality healthcare, has been released, according news release by Data Advantage, the firm that carried out the study.

Maryland's system for setting hospital rates could serve as a model the federal government as it tries to rein in healthcare costs but could lead to more regulation for healthcare providers, according to a report in the Wall Street Journal.

La Crosse, Wis.-based Gunderson Lutheran ranks among the top health systems in the country when it comes to keeping costs low and quality high, according to a report in the Milwaukee Journal Sentinel.

Thirteen hospitals across Vermont submitted $1.8 billion in combined budget requests to state officials, up 6.6 percent ($112 million) from last year, according to a report in the Times Argus.

A new study shows that Louisiana hospitals generate more than $27 billion annually in economic activity and directly employ 95,352 people across the state, according to a news release from the Louisiana Hospital Association.

After a lengthy debate, Fulton County (Ga.) Commission agreed to give struggling Grady Memorial Hospital in Atlanta $10 million to cover payroll for the next month, according to a report in the Atlanta Journal-Constitution.

The top 20 executives of the Jackson Health System, which operates hospitals in Miami-Dade County, Fla., volunteered to take a 4-5 percent pay cut, forgo car and executive allowances and consider giving up five days without pay, according to a…

WakeMed, an 870-bed healthcare system based in Raleigh, N.C., plans to eliminate almost 30 vice presidents, directors and managers out of a total of 85 laid-off workers in an effort to head off a projected loss of reimbursements, according to…