On March 21, 2010, the House of Representatives passed President Barack Obama's sweeping healthcare reform bill, signaling the beginning of a watermark decade for the healthcare industry. In the wake of the bill's passage, hospitals and health systems are struggling…
Leadership & Management
It has been said that you can't solve a problem with the mindset that created it. This applies to most businesses at one time or another, including medical real estate. Medical real estate has long been the button to push…
King of Prussia, Pa.-based Universal Health Services, an operator of acute-care and psychiatric hospitals, has announced its financial results for the three months ended Dec. 31, 2010, reporting net income attributable to UHS of $37.2 million, down 39 percent from…
A whistleblower lawsuit accusing Johnson & Johnson of defrauding government healthcare programs by improperly reporting drug-pricing information has recently been unsealed, according to a Wall Street Journal report. Former J&J employee Scott Bartz originally filed the suit in 2005 in…
UBS analysts have upgraded stocks in the hospital-operator sector to "buy," citing expected growth in the number of commercially insured patients as those that lost jobs during the economic downturn regain private insurance and return for treatment, according to a…
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Patient satisfaction scores are considerably lower during the winter months — and “winter blues” or seasonal depression among patients is a significant factor in this decline, according to a recent study by Press Ganey. Regardless of the region, data revealed…
The Texas Attorney General’s Office has opened a civil investigation into the emergency department procedures and billing at Community Health Systems’ hospitals in the state , according to a Wall Street Journal report. Currently, the attorney general has issued civil…
A recent survey of hospital and construction industry insiders performed by Health Facilities Management and the American Society for Healthcare Engineering found that about one-third of hospitals surveyed reported active hospital construction projects and about the same amount were planning…
Adventist Health System in Winter Park, Fla., Orlando (Fla.) Health and Health Central in Ocoee, Fla., have reported a combined $388.5 million profit in 2010, reflecting an increase from combined 2009 profits of $310.2 million, according to an Orlando Business…
Fairview Hospital in Cleveland, Ohio, has announced a $76 million renovation and construction project to modernize the 120-year-old hospital, according to a Crain's Cleveland Business news report.