Leadership & Management

Shares of Health Management Associates fell sharply yesterday after the Naples, Fla.-based hospital operator disclosed its reception of two federal subpoenas, according to a Bloomberg Businessweek report. Shares fell 57 cents, or 6.5 percent, to $8.20 in afternoon trading yesterday.…

New York City's landmarks and planning commission has unanimously approved Manhasset, N.Y.-based North Shore-Long Island Jewish Health System's plans to repurpose an old building into an emergency center, according to a New York Observer report.

Greenwich (Conn.) Hospital will be laying off 36 employees in response to a new state hospital tax that translates to an $8.5 million revenue loss for the hospital, according to a Greenwich Time report.

Atlanta's Northside Hospital has filed a letter of intent with the Georgia Department of Community Health to build a new facility for its Northside Hospital-Cherokee in Canton, Ga., according to a Cherokee Tribune report.

With a new amendment added to the healthcare law, Massachusetts hospitals are primed to receive $275 million more per year in Medicare payments, according to a Boston Globe report.

Due to a federal extension of a special rule involving "wage floors" for entirely urban areas, nearly 40 New Jersey hospitals will split $90 million in Medicare reimbursements, according to a Star-Ledger report.

As part of Cleveland Clinic's plan to end operations at Huron Hospital on June 6, Huron Hospital will close its inpatient, emergency and trauma services on Aug. 22, according to a Cleveland Clinic release.

Westerly (R.I.) Hospital's financial struggles seem to be exacerbating, as its year-to-date loss has increased from $5.2 million in April to $5.7 million, according to a Westerly Sun report.

The new $210 million Porter Hospital is slated to open next year, according to a Northwest Indiana Times report.

A Washington county court has granted Port Angeles, Wash.-based Olympic Medical Center a 14-day injunction to stop a union strike scheduled for Aug. 11, according to a Peninsula Daily News report.