Tax-exempt hospitals (each a “hospital” and, collectively, “hospitals”), and their affiliated tax-exempt faculty or physician practices if applicable, may face concern about retaining their tax-exempt status in the face of the Patient Protection and Affordable Care Act and other changes…
Leadership & Management
Vanguard Health Systems has released its third quarter financial results, announcing a profit of $2.8 million for stockholders, compared to a $32.8 million loss a year prior, according to a Detroit News report.
Institutional Shareholders Services, an independent proxy advisor, has advised shareholders to vote against the re-election of Community Health Systems directors James Ely II and John Fry as well as CFO Larry Cash at the board's election on May 17, according…
Franklin, Tenn.-based IASIS Healthcare has announced financial results for its second quarter ended March 31, reporting an 8.6 percent increase in net revenue, according to an IASIS news release.
The following article is written by Ronald J. Mattson, MD, vascular surgeon and founding partner of The Surgery Center of the Main Line in Wayne, Pa., a Blue Chip Surgical Center Partners facility. My experience as a founding investor…
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An oncology nurse who wrote a scathing op-ed on physician behavior in the New York Times on Sunday, May 8, has sparked responses and some criticism from other members of the medical community, according to a report by The Atlantic.
Retaliation is one of the fastest-growing categories of employment litigation. Hospitals can be charged with allegations of retaliation or discrimination by employees who have blown the whistle on false claims activity or complained of other improper conduct. If a hospital…
Tenet Healthcare’s board of directors has unanimously rejected Community Health System’s final offer of $7.25 per share, according to a Tenet news release. Trevor Fetter, president and CEO of Tenet, said Tenet is not willing to enter into discussions with…
There have been widespread calls to repeal the Independent Payment Advisory Board, but as both parties seek to reduce the federal deficit, proponents see it as an effective way to keep Medicare costs in line, according to report by the…
Sky Lakes Medical Center, located in Klamath Falls, Ore., does not turn patients away. An isolated community hospital serving 100,000 people within a 10,000-square-mile area, the medical center takes "all comers." To accompany its mission of "consistently offering competent care…