The Illinois Department of Revenue has denied property tax-exempt status to three Illinois hospitals, reflecting the state's crackdown on non-profit hospitals, according to a Chicago Tribune report.
Leadership & Management
Illinois’ Cook County has received approval to transform Oak Forest Hospital into an outpatient clinic with a 24-hour urgent care center, according to a Chicago Tribune report. The Illinois Health Facilities and Services Review Board voted 7 to 1 in…
Gerald Champion Regional Medical Center in Alamogordo, N.M., has filed for Chapter 11 bankruptcy protection, according to a hospital news release.
Bronxville, N.Y.-based Lawrence Hospital Center's plans to build a cancer treatment facility have spurred community opposition, according to a West Fair Online report.
LSU Health Shreveport (La.) currently faces a $12.8 million budget shortfall and is looking across the board for potential cuts, according to a Shreveport Times report.
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Contra Costa County Supervisor John Gioia said cash-strapped Doctors Medical Center in California may be forced to close next year if county residents vote down a special parcel tax in November, according to a Richmond Confidential report.
The Illinois Health Facilities and Services Review Board is expected to vote on whether or not Oak Forest (Ill.) Hospital should be converted to a 24-hour immediate care center, according to a Chicago Tribune report.
Protestors, in remembrance of a youth killed in a drive-by shooting last year, gathered outside University of Chicago Medical Center earlier this week, urging the hospital to reopen its trauma center, according to a Chicago Sun-Times report.
NorthBay Healthcare and Kaiser Permanente are planning to build separate trauma centers in Fairfield, Calif., and Vacaville, Calif., respectively, according to a North Bay Business Journal report.
Healthcare reform, the debt crisis and the continual regulatory changes that characterize the healthcare and life sciences industries have created certain shifts in the prospects of healthcare investments. This article briefly outlines 13 areas within healthcare in which private equity…