The Illinois Health Facilities and Services Review Board has denied a plan by the Cook County Health & Hospitals System to convert its Oak Forest (Ill.) Hospital into an outpatient facility, according to a Washington Post report.
Leadership & Management
A new report by HHS found that few uninsured have the financial assets needed to pay potential hospital bills, adding that the uncompensated cost of care to healthcare providers in the United States is up to $73 billion annually, according…
Winchester (Mass.) Hospital has broken ground on a new, 31,200-square-foot ambulatory surgery center.
An operating room improvement project at Oakwood Annapolis Hospital in Wayne, Mich., improved physician satisfaction and saved the hospital more than $1.2 million, according to a Crain’s Detroit Business report. After a survey of surgeons revealed dissatisfaction with delays with…
A former hospital employee has filed a lawsuit accusing St. Luke’s Hospital in Jacksonville, Fla., of falsely billing Medicare and Medicaid during an 11-month span, according to an article in the Florida Times-Union Report. The suit, filed by BethAnne Algie,…
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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…
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…