Big pharmaceutical companies may hand out raises to their CEOs even when the companies are plagued by financial losses, recalls and other negative results, according to a Daily Finance report.
Leadership & Management
HCA's upcoming initial public offering could be the largest private-equity backed IPO on record, according to a Bloomberg Businessweek report.
Atlanta's Grady Health System has announced it will lay off approximately 100 employees and close two community health centers in response to "significant county and federal funding reductions," according to a news release by the health system.
A North Dakota bill under consideration by the Senate Human Services Committee would provide $3.5 million in additional funding over two years to critical access hospitals in the state, according to a Devil's Lake Journal report.
Nurses at Washington Hospital Center in Washington, D.C., are taking part in a one-day strike today in response to stalled contract negotiations, according to a Washington Post report.
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Nashville, Tenn.-based Vanguard Health Systems has cut 10 percent of its corporate workforce as it eliminated or shifted certain functions to its regional systems, according to a The Tennessean report.
The House approved a measure that would repeal an unpopular provision in the healthcare reform law that would force businesses to file 1099 tax-reporting forms for payments of $600 or more, according to a report by the Washington Post. All…
Cleve L. Killingsworth, the former CEO of Blue Cross Blue Shield of Massachusetts, collected $8.6 million in compensation following his resignation from the insurer in March 2010, according to a Boston Globe report.
Ingham Regional Medical Center in Lansing, Mich., which is owned by McLaren Health Care, will be laying off 100-150 employees to make up for a decrease in patient volumes, according to a Lansing State Journal news report.
After a successful sale of $33 million bonds that was authorized by the hospital board, West Park Hospital in Cody, Wyo., is set to begin its expansion and renovation project, according to a Powell Tribune news report.