Denver-based Centura Health has announced it will build a 50-bed, $128 million hospital in Castle Rock, Colo., at the Castle Rock Adventist Health Campus, according to a Centura news release.
Leadership & Management
A study by the Missouri Hospital Association suggests that rural areas of the state face a shortage of primary care providers, which could create negative consequences for rural health improvement efforts, according to an MHA news release.
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…
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…
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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…
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.…