San Francisco's Board of Supervisors committee is examining hospital pricing and consolidation in the city, following projected annual health costs of nearly $500 million for employees and retirees in 2011, according to a San Francisco Chronicle report.
Leadership & Management
U.S. healthcare spending is rising faster than that of most other industrialized countries and is still highest within a group of 34 countries in the Organization for Economic Cooperation and Development, according to a report by the Kaiser Family Foundation.…
Brentwood, Tenn.-based LifePoint Hospitals announced its first quarter earnings for the quarter ended March 31, 2011, reporting a 7.5 percent rise in net income of $46.1 million, up from $42.9 million the same quarter of 2010, according to a LifePoint…
A 110-slide presentation by Community Health Systems to its investors reiterated the hospital operator's stance that the lawsuit by Tenet Healthcare Corp. alleging CHS overbilled Medicare by admitting patients that should have been kept under observed status, according to a…
A tax on Tennessee hospitals has been extended and increased from 3.52 percent of hospital net income to 4.52 percent of hospital net income, according to a Commercial Appeal report.
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CMS will host an open forum on its Community-Based Care Transitions programs at 1pm EST on Thursday, May 5, according to a report by the Healthcare Financial Management Association.
Compliance with legal and regulatory requirements places an extra financial and administrative burden on hospitals, as facilities strive to comply with laws on physician financial relationships, privacy in healthcare IT and medical billing and collections while keeping physicians happy and…
A judge has halted a lawsuit claiming that Carilion Clinic’s management and employees conspired to put financial business ahead of patient care, according to a Roanoke Times report. The lawsuit was filed by Ronald Burchett in July 2009. Mr. Burchett…
Franklin, Tenn.-based Community Health Systems announces its financial results for the first quarter of 2011 ended March 31, reporting a 9 percent increase in net operating revenues of $3.4 billion, up from $3.1 billion in the first quarter of 2010,…
Washington Hospital Center in Washington, D.C., has laid off 200 workers or about 3 percent of its workers, citing a tax on hospital beds as well as reduced disproportionate share Medicaid funding, according to a Washington Business Journal report.