Boston Medical Center has announced that it will lay off 250 members of its staff as part of efforts to reduce costs as the hospital faces state budget cuts and payment reductions for services, according to news reports.
The University Hospital in Newark, N.J., is in need of state funding or the organization's current financial condition may begin to threaten its services, according to the Newark Star-Ledger.
Here are benchmarks for operating profit margins and cash-to-total-debt ratios, broken down by hospital size, for hospitals honored as the nation's top 100 hospitals by Thomson's National Benchmarks for Success program.
Here are national and regional benchmarks for operating profit margins and cash-to-total-debt ratios for hospitals honored as the nation's top 100 hospitals by Thomson's National Benchmarks for Success program.
Uninsured patients, investment losses and instability are forcing Michigan health systems like Royal Oak-based Beaumont Hospitals and Oakwood Healthcare System of Dearborn to make reductions in costs and personnel, according to the Detroit Free Press.
Post-Katrina challenges, including rising labor costs, increasing numbers of uninsured patients and slowing Medicare reimbursements, will cause the three largest hospitals in Jefferson Parish, La., to lose at least $50 million in 2008, according to The Times-Picayune in New Orleans.
This article briefly highlights five concepts from the William Blair & Company survey of hospital administrators. The survey included discussions with 27 administrators and 10 senior executives and specifically focused on capital spending and the impact on companies such as…
Tenet Healthcare Corp. saw its stock hit all-time lows after announcing disappointing third-quarter results, and Wall Street analysts expect further challenges in 2009, according to published reports.
Here are how the specialties fare in terms of gross charges and net revenue per case in ASCs; they are listed in descending order of net revenue achieved. These figures come from the 2008 VMG Health Intellimarker.
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