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.
Leadership & Management
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…
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A bill reauthorizing $330 million in annual funding for five years for the Children's Hospitals Graduate Medical Education program will move to the U.S. House for consideration after gaining approval from the House Energy and Commerce Committee, according to an…
Operating rooms are some of the busiest areas of any healthcare facility, and keeping them efficient is a challenge that must be met daily. Richard Kube, MD, founder and CEO of the Prairie Spine & Pain Institute in Peoria, Ill.,…
Phoebe Putney Memorial Hospital in Albany, Ga., has finalized a budget for the coming year that includes slashed prices for some procedures, according to a WALB report.
The Centers for Medicare & Medicaid Services Office of Clinical Standards held its open door forum Wed., July 27, which covered its FY 2013 Hospital Value-Based Purchasing Program and how the program will impact hospital reimbursement for their services to…
Trustees of The Christ Hospital in Cincinnati are scheduled to vote on a plan to construct a $100 million orthopedic and spine tower, according to a Cincinnati.com report.