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Georgia Governor Sonny Perdue proposed an $80.7 million, or 10 percent, cut in state Medicaid reimbursements to Georgia hospitals, according…
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Georgia Governor Sonny Perdue proposed an $80.7 million, or 10 percent, cut in state Medicaid reimbursements to Georgia hospitals, according to a report by the Atlanta Business Chronicle.
The University of Connecticut Medical Center in Farmington asked the state for $475 million to build a new facility, according to a report by CBS affiliate Eyewitness 3 News.
Pennsylvania Governor Ed Rendell proposed a $20 million budget cut to hospitals that disproportionately serve Medicaid patients and the uninsured poor, according to a report in the Philadelphia Inquirer.
A report by Thomas Reuters Healthcare found that 50 percent of hospitals in the United States lost money in the third quarter of 2008, according to a Thomas Reuters news release.
Here are statistics on the average percentage of insurance coverage by type held by patients visiting nonprofit hospitals, by type of insurance, according to the IRS's Exempt Organizations Hospital Compliance Project Final Report.
Here are statistics on the average annual total revenue, expenses and excess/deficit revenue at nonprofit hospitals, organized by hospital total revenue, according to the IRS's Exempt Organizations Hospital Compliance Project Final Report.
Temple University Health System in Philadelphia announced that it will likely cut up to $50 million from its budget this year, according to a report in The Philadelphia Inquirer.
10 Steps to Survive the Imperfect Storm in Healthcare: Assess Your Financial Vulnerability Right Now
The economics of providing healthcare services have always been challenging, at best. That is stark reality in an industry that is dependent on revenues from budget constrained federal and state governments, from tightfisted and powerful insurance companies and increasingly from…
Tenet Healthcare announced a loss of $33 million for its fourth-quarter of 2008; comparatively, the company lost $75 million for the same quarter of 2007, according to a Tenet news release.
Growth in national health expenditures in the United States is expected to be greater than the growth of the overall economy in 2008 and 2009 as a result of the recession, according to CMS.