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,…
Leadership & Management
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.
Public hospital nurses in Hawaii have rejected a proposal for 5 percent pay cuts, saying they are already significantly underpaid compared to nurses in the private healthcare sector, according to a KITV4 report.
A coordinated investigation by federal agencies may cause a two-to-three year “investigation overhang” for Community Health Systems, according to a BusinessWeek report. In the report, Citi analyst Gary Taylor said CHS has been downgraded from “buy/medium risk” to “hold/high risk.”…
Hospitals and practices are concerned about losing patients as states convert their fee-for-service Medicaid programs into managed care, according to a report by Kaiser Health News. Factors in the trend toward Medicaid managed care include state budget deficits and preparations…
Advertisement
Plans by the Cook County Health & Hospitals System to close its Oak Forest (Ill.) Hospital and convert it to an outpatient facility may be hindered by a report issued yesterday, findings its closure could hurt access to care for…
Nurses at Tufts Medical Center in Boston have authorized a strike for May 6, according to a Tufts Daily report.
Peggy Troy, president and CEO of Children's Hospital and Health System in Milwaukee, Wis., and Susan Edward, president and CEO of ProHealth Care in Waukesha, Wis., both stressed the need to change incentives that currently reward hospitals and physicians for…
The registered nurses of St. Vincent Hospital in Worcester, Mass., will hold a one-day strike for patient safety on May 6, as contract talks continue to stall over staffing levels at the hospital, according to a news release.
Dartmouth-Hitchcock Medical Center in Lebanon, N.H., will pay $2.2 million to settle allegations that it improperly billed various federal health programs, according to a Boston Globe report. Federal prosecutors say the case began in 2007 when a physician accused the…