In what may be seen as a low blow, Tenet Healthcare has used a new tactic to try and fend off a hostile takeover by Community Health Systems. Brentwood, Tenn.-based CHS filed an unsolicited bid to purchase Dallas-based Tenet last…
Leadership & Management
In a federal lawsuit, Tenet Healthcare is claiming that Community Health Systems has been systematically overbilling Medicare and misusing observation status, according to a release by Tenet.
As part of a deferred prosecution agreement, Johnson & Johnson has agreed to pay a $21.4 million criminal penalty to resolve improper payments by J&J subsidies to European government officials and the former government of Iraq, according to a news…
In a speech scheduled for Wednesday, President Obama is expected to call for more cuts in Medicare and Medicaid, according to a report by the Washington Post.
Nurses at Stanford Hospital and Lucile Packard Children's Hospital have voted to approve a three-year contract with the health system after a year-long standoff over terms, according to a Mercury News report.
Advertisement
HCA and the Foundation for Seacoast Health are scheduled to return to court over the ownership of Portsmouth (N.H.) Regional Hospital on May 2, according to a Seacoast Online news report.
A federal bankruptcy judge has approved the sale of shuttered St. Vincent's Hospital Manhattan to a Rudin Development and Manhasset, N.Y.-based North Shore-Long Island Jewish Health System for $260 million, according to a New York Times news report.
South Carolina Gov. Nikki Haley has signed legislation that will cut payments to Medicaid providers by 3 percent across the board, according to a Spartanburg Herald Journal report.
The Internal Revenue Service's review of community benefit activities of tax-exempt hospitals is now underway, according to an AHA News Now report.
Non-urban, freestanding hospitals around the country are considering consolidation with larger providers as a means for improving efficiency, accessing capital and adapting to changes under health reform that may make hospital finances even tighter. However, independent hospitals still have a…