As the Florida House and Senate put the final touches on bills that would convert Medicaid to HMOs, hospitals in the state are considering taking on insurance risk themselves rather than giving it to HMOs, according to a report in…
Leadership & Management
Hospital prices increased 0.1 percent in March — 1.4 percent higher than a year ago, according to an AHA News report. Bureau of Labor Statistics’ Producer Price Indices for hospitals measures changes in actual or expected reimbursement received for services…
Community Health Systems’ stock fell Monday after the hospital system received a subpoena in connection with an investigation of possible improper claims submitted to Medicare and Medicaid, according to a Bloomberg Businessweek report. The subpoena was sent from the Department…
Franklin, Tenn.-based Iasis Healthcare has announced plans to refinance existing debt by issuing $1.235 billion in new senior secured credit facilities and $935 million in senior unsecured notes, according to an IASIS news release.
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.
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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.
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.