Following the disclosure that Saints Medical Center in Lowell, Mass. may be on the hook for $14.5 million for potential Stark Law violations, Fitch Ratings revised its rating on $51 million of the hospital's revenue bonds to "evolving" from "positive,"…
Leadership & Management
An affiliation between Lenox Hill Hospital will not only bring North Shore Long Island Jewish Health System into Manhattan, but will also expand the system's reach in Queens, according to a report in The Queens Courier.
The American Hospital Association has asked the Internal Revenue Service to improve Schedule H to allow hospitals to report their community benefit on a consolidated basis, according to a report in AHA News Now.
Moody's Investor Service has downgraded Pittsburgh-based West Penn Allegheny Health Systems' bond rating from B1 to Ba3, affecting $758 million Series 2007 fixed-rate bonds, according to a report by the Pittsburgh Post-Gazette.
Dr. John Warner Hospital in Clinton, Ill., has named Earl Sheehy as its new CEO, according to a report on Pantagraph.com.
Somnia Anesthesia Services recently presented a free webinar entitled "Keeping Your Surgeons Satisfied — The Role of Anesthesia Management in Meeting Their Demands and Optimizing the OR."
West Penn Allegheny Health System in Pittsburgh, Pa., has announced an operating loss of $5.2 million in the third quarter (Jan.-March 2010), down $3 million over the prior-year period.
Florida Gov. Charlie Crist has vetoed nearly $9.7 million in funds for 630-bed Shands at the University of Florida in Gainesville, according to a report by the Gainesville Sun.
St. John's Hospital in Springfield, Ill., is building a $6.9 million outpatient center to meet changes under healthcare reform, such as an increase in patient volume and new payment structures, according to a report by the State Journal-Register.
Texas Regional Medical Center at Sunnyvale recently opened its Heart & Vascular Center, according to a report by dBusiness News.