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…
Leadership & Management
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.
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.
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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…
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…