Boston-based Partners HealthCare is currently negotiating contracts with three major area insurers and plans to accept what could amount to smaller reimbursements rates resulting from global payments, according to a Boston Globe report.The concessions follow a promise by the health…
Leadership & Management
Recent research conducted by healthcare professionals at Harvard University in Boston shows Medicare Part D is tied to reduced nondrug medical spending, according to a study published in the Journal of the American Medical Association. For their study, the researchers…
St. Vincent Health has announced plans to expand St. Vincent Health Medical Center Northeast in Fishers, Ind., according to an Indianapolis Star report. The hospital will be expanded by approximately 11,000 square feet and will feature 30 medical/surgical beds and…
Medicare and hospitals go hand in hand. Hospital payments account for the greatest share of the federal program’s spending, and Medicare is the largest payor for hospital services, comprising a significant portion of most hospitals’ revenue. As of Oct. 1,…
Hospital consumers are increasingly becoming more sophisticated. As their consumerism grows, the importance of transparency and value will increase, and, as is the case in sectors outside healthcare, so will each organization's "brand." Steve Rivkin, founder, Rivkin & Associates, a…
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Atlanta-based SunLink Health Systems has announced the private placement of more than 1.3 million common shares with certain of its officers and directors and/or their affiliates in order to modify and extend the company's credit agreement.
Brentwood, Tenn.-based LifePoint Hospitals announced its earnings for the second quarter ended June 30, 2011, posting an 11 percent increase in revenue to $877.6 million from $790.6 million over the same quarter last year.
N.C. Baptist Hospital in Winston Salem, N.C., will pay approximately $5.4 million to settle a federal suit alleging its group health plan required employees to pay more in fees than other corporate clients paid, according to a Winston-Salem Journal report.…
Lawmakers have recently introduced bipartisan legislation that would extend the 340B drug discount program to hospitals, according to a government publication. Reps. Jo Ann Emerson (R-Mo.), Cathy McMorris Rodgers (R-Wash.) and Bobby Rush (D-Ill.) jointly penned The 340B Improvement Act.…
Physician-owned hospitals, which is a hospital that has any physician with any type of ownership, began appearing more prominently in the 1990s. According to the Physician Hospital Association list of existing physician-owned hospitals, most are located in southern states, most…