Oakland, Calf.-based Kaiser Permanente reported a surge in profits for the third quarter, ending Sept. 30, for its not-for-profit health plan and hospital units; Kaiser earned $569 million in the quarter, bringing its profits for the nine months to $1.6…
Leadership & Management
The Moses H. Cone Memorial Hospital in Greenboro, N.C., has won state approval for a $208.5 million expansion project that will feature larger ORs, patient rooms and ED space, according to a release from Moses Cone.
A survey in the Chronicle of Philanthropy found that the 400 largest non-profit organizations in the nation, including prominent hospitals, are expecting a 9 percent decrease in donations in 2009, the steepest drop since the survey began 17 years ago,…
U.S. Department of Health and Human Services Deputy Secretary Bill Corr announced the release of $13.4 million in American Recovery and Reinvestment Act funds for loan repayments to nurses who agree to work in facilities with critical nursing shortages and…
The University of California, San Francisco Medical Group and the Hill Physicians Medical Group, one of the largest independent practice associations in Northern California will affiliate, effective Jan. 1, according to a report in the San Francisco Business Times.
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Marietta, Ga.-based WellStar Health System will spend around $800 million over the next decade in expansions and improvements, including a new outpatient campus and a new hospital, according to a report in the Atlanta Journal-Constitution.
HCA, the largest owner of acute care facilities, has announced a 92 percent increase in net income and a 4.3 percent increase in revenue for the first quarter of 2009, despite increases in charity care spending, according to a report…
Community Health Systems, a leading operator of acute care hospitals, announced a fourth-quarter profit, according to a Community Health news release.
The Baltimore Washington Medical Center in Glen Burnie, Md., has completed a $117 million expansion that has doubled it size, according to the Baltimore Sun.
The U.S. Department of Housing and Urban Development (HUD) has agreed to insure a $777 million loan to Trenton, N.J.-based Capital Health System to construct a new hospital in Hopewell Township, N.J., according to a press release from HUD.