A suit filed by Charlotte, N.C.-based Carolinas HealthCare System against Mecklenburg County claims the county failed to provide notice of budget cuts and improperly withheld money, according to a Charlotte Observer report. The lawsuit follows a decision by the county…
Leadership & Management
A report by Moody's Investors Service has shown increased credit downgrades for non-profit hospitals in the second quarter of 2011, according to an AHA News Now report.
Current healthcare dynamics in America present critical challenges for providers. Healthcare costs are growing at an unsustainable rate and represent a major source of future unfunded liabilities in the U.S. Patient demand and market supply will continue to impact service…
The following health systems received credit ratings downgrades in the last 30 days, according to a report by HFA Partners.
Nurses employed at Joliet, Ill.-based Provena Saint Joseph Medical Center's ambulatory surgery center have voted to unionize under the Illinois Nurses Association, according to a Herald-News report.
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Decreased reimbursement, declining volumes, increased regulatory burden and pressure from the Centers for Medicare and Medicaid Services to reduce costs are forcing many hospitals and health systems to turn to layoffs to remain viable organizations. Labor expenses can account for…
The American Hospital Association has released a report on the economic impact of hospitals, finding 1 out of 9 jobs in the United States are supported by hospitals. The study, "Economic Contribution of Hospitals Often Overlooked," found that hospitals employed…
Charlotte, N.C.-based Carolinas HealthCare System plans to take legal action in its contract dispute with Mecklenburg County, according to a Charlotte Business Journal report. A statement did not reveal what type of legal action the system would take, but documents…
Some medical teams at Salt Lake City-based Intermountain Healthcare are responsible for finding best practices for improving quality and reducing healthcare costs, according to a Reuters report.
Children’s Memorial Hospital in Chicago is in contract negotiations with Chicago-based McCaffrey Interests for the sale and development of its Lincoln Park property as it prepares for a June 2012 move into its new facility in the Streeterville neighborhood, according…