As hospital reimbursements decline, hospitals and health systems will have to learn how to "manage to their lowest payor," that is, keeping costs at the level of the lowest reimbursement, says Nick Sears, MD, CMO of MedAssets.
Leadership & Management
Congress' refusal to extend several federal healthcare subsidies for the unemployed and Medicaid is expected to launch a new wave of uninsured patients, taking a heavy toll on hospitals' bottom lines in the coming months.
Former Beverly Hospital associate vice president Paul Galzerano has been indicted in a bribery and kickback scheme that brought him nearly $500,000 in profits, according to a report by The Salem News.
An administrative law judge has recommended approval for Brookwood Medical Center to proceed with plans to build a freestanding emergency room in Birmingham, Ala., near U.S. Highway 280, according to a news release by the hospital.
As president and CEO of Rhode Island Hospital, Timothy Babineau, MD, oversees a 719-bed facility that employs 6,863 staff members and serves as the main teaching hospital of the Warren Alpert Medical School of Brown University. When appointed to the…
Bryan Bohman, MD, is a little impatient — and he likes it that way. As a member of the Stanford Hospital & Clinics medical board, Dr. Bohman said he has to be constantly looking for ways to improve, itching to…
When North General Hospital, a 200-bed Harlem, N.Y. hospital that saw 36,000 annual visits to its emergency room, closes its doors July 2, nearby hospitals and new clinics will pick up its patients, according to a report by The New…
The Board of Trustees at Beaufort (N.C.) County Medical Center has voted to allow United Health Systems of Eastern Carolina to manage the day-to-day operations of the ailing hospital, according to a report by the Washington (N.C.) Daily News.
The Washington, D.C., City Council has voted to establish a non profit entity to take over ailing United Medical Center in the southeast area of the district if no one bids on the facility, which is scheduled for auction by…
Milwaukee-based Aurora Health Care will open the new Aurora Medical Center in Grafton, Wis., on Nov. 1, according to a news release by the health system.