CMS' announced proposed fiscal 2010 payment rates that, if adopted, would result in a net one-half percent average cut to 3,5000 acute care hospitals and 400 long-term care hospitals, beginning Oct. 1, 2009, was not viewed fondly by the American…

Michigan Governor Jennifer Granholm issued an executive order to cut $304 million from the state's general fund budget, which included a 4 percent reduction in Medicaid reimbursement for healthcare providers, according to a report in Crain's Detroit Business.

The Henry Ford Health System reported $8.5 million in revenue for 2008, despite $45 million in investment losses, marking its sixth consecutive year of positive revenue growth, according to a report in the Detroit Free Press.

A Massachusetts state commission plans to recommend that healthcare insurers reimburse physicians and hospitals with a set payment that is intended to cover the care of each patient for the entire year, according to a report by the Boston Globe.

A study by the Commonwealth Fund has found that private Medicare Advantage plans will be paid $11.4 billion more in 2009, and have been paid $43 billion more since 2004, than what the same beneficiaries would have cost the traditional…

CMS has announced new inpatient payment rates for fiscal year 2010 for both acute care and long-term care hospitals, according to a CMS news release.

The University of Iowa Hospitals expect to end the fiscal year with a $5 million loss, which is less severe than hospitals officials had predicted earlier, according to a report in the Des Moines Register.

Hospitals and health systems, whether general acute care hospitals or specialty hospitals, are attempting to prosper in a challenging time. Last year and in 2007, the nation's hospitals, as a whole, recorded record profits. Many hospitals were examining a multitude…

Pennsylvania hospitals are being hit by the recession as recent data show their total margins dropped to -6.3 percent for the time period July 2008-Dec. 2008, according to a news release from the Hospital & Healthsystem Association of Pennsylvania.

A new study by Health Affairs has found that Medicaid physician fees rose 15 percent from 2003 to 2008, a rate that is outpaced by inflation.