Pittsburgh-based UPMC revealed a $77 million increase in operating revenues from July 1 to Sept. 30, leaving the healthcare system healthy enough to add 815 jobs through the end of fiscal year 2011, according to a UPMC news release.
Leadership & Management
CMS released proposed rules to introduce in 2011 bonus payments to Medicare Advantage plans achieving high patient satisfaction scores, according to a CMS release.
Ron J. Anderson, MD, is a member of the AHA board. For 28 years, he has been president and CEO of Parkland Health and Hospital System in Dallas, a public system that includes 968-bed Parkland Memorial Hospital. Here Dr. Anderson…
Last month, Massachusetts General Hospital in Boston announced an extraordinary $1.5 billion capital campaign — the largest in the hospital’s 200-year history. Jim Thompson, vice president for development at MGH, offers insight into how political and economic factors are influencing…
Detroit Medical Center paid off outstanding debt with operating cash, reducing its cash purchase price to Nashville, Tenn.-based Vanguard Health System by $26 million, according to a Crain’s Detroit Business report.
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Nashville, Tenn.,-based Hospital Corporation of America is planning to pay $2 billion in dividends to private equity owners, sparking further debate about whether the hospital chain will go public anytime soon, according to a Tennessean report.
The CEO of Covidien said the company's rising sales show hospital capital equipment purchases are growing again, a sign that hospitals are recovering from the recession, according to a report by Reuters.
A bipartisan federal commission's sweeping set of proposals to reduce the federal deficit includes 20 key proposals to cut healthcare spending, such as accelerating cuts in disproportionate share payments, immediately putting hospitals under the purview of the Independent Payment Advisory…
Healthcare fundraising cost significantly more in fiscal year 2009 than in past years to secure gifts and grants, according to a release from the Association for Healthcare Philanthropy.
Starting Jan. 1, CMS will require hospitals that participate its Hospital Inpatient Quality Reporting Program and have intensive care units to submit data quarterly on central line-associated bloodstream infections, according to a report by the Healthcare Financial Management Association.