Ground has been broken for the new $1.2 billion University Medical Center in New Orleans, a Louisiana State University teaching and research hospital, according to a FOX 8 report.
Leadership & Management
In response to a projected $10 million loss over the next year, Providence Hospital in Columbia, S.C., is taking several measures to cut costs, according to a WLTX news report.
Rating volatility in the healthcare sector has reached its lowest point in more than 10 years, according to a report from Moody’s Investors Service. During the first quarter of 2011, only 11 hospitals were downgraded or upgraded — the lowest…
Nurses at Hibbing, Minn.-based Fairview Range Regional Health Services voted Friday to authorize a strike, according to a Minnesota Nurses Association news release.
Winston-Salem, N.C.-based Novant Health, Raleigh, N.C.-based Rex Healthcare and WakeMed, also based in Raleigh, have all submitted certificate of need applications to add hospital beds in Wake County, according to a News & Observer report.
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Shelby, N.C.-based Cleveland County HealthCare System and Chester (Pa.) County Hospital received credit rating downgrades in the last 30 days, according to an HFA Partners report.
Florida Gov. Rick Scott has agreed to release $35 million in state funds to keep struggling Jackson Health in Miami up and running through the summer, according to a Miami Herald report.
One week after Tenet Health sued its aggressive suitor, Community Health Systems, for overbilling, CHS has revised its $3.3 billion bid for Tenet into an all-cash offer of $6 per share, according to a CHS news release. The previous offer,…
Vanguard Health Systems has filed plans to sell up to $600 million in common stock in an initial public offering, according to a Wall Street Journal report. The hospital operator, which has been backed by the private-equity investment firm Blackstone…
A Washington plan to prevent Medicaid from running up pricey emergency bills would limit visits for conditions such as abdominal pain, breathing trouble and some types of hemorrhage, worrying physicians, hospitals and parents, according to a Seattle Times report.