Total operating revenue for St. Louis area hospitals in 2008 rose 4.4 percent to more than $7 billion, while non-operating revenue dropped to a loss of $440 million from a gain of $169 million in 2007, according to a report…
Leadership & Management
HCA has named Thomas Garthwaite, MD, as the new COO of the hospital chain's clinical services group, according to an HCA news release.
Halifax Health, a public health system based in Port Orange, Fla., has challenged Adventist Health's planned take over of Bert Fish Medical Center in New Smyrna Beach, Fla, saying it will match Adventist's $71 million pledge to the ailing hospital…
Officials from Miami-Dade County are questioning the calculations financially struggling Jackson Health System is using to determine how they are closing in on a $230 million budget deficit, according to a report in The Miami Herald.
The American Hospital Association, along with five other hospital groups, has asked Congress to remove a provision changing Medicare's "72 Hour Rule" for therapeutic services from the American Jobs and Closing Tax Loopholes Act, according to a report in AHA…
New York's 1,171-bed Mount Sinai Hospital refinanced some $331 million at a discounted rate compared to those of its peers, spurred by an improved credit rating and borrowing costs on tax-exempt debt that were at a nine-week low, according to…
Health Management Associates has announced it acquired a 60 percent interest in three Shands HealthCare hospitals.
Here are the fair market value ranges of total management fees for 12 common service line co-management arrangements in hospitals, according to HealthCare Appraisers' Healthcare Transactions 2009 Year in Review.
Eastern Idaho Regional Medical Center in Idaho Falls, Idaho, and West Valley Medical Center in Caldwell, Idaho, will continue to provide in-network medical care to all Medicare Advantage members enrolled in plans offered by Humana under terms of a renewal…
Blue Cross Blue Shield of Massachusetts and Beverly, Mass.-based Northeast Health Systems Physician Hospital Organization have signed a five-year Alternative Quality Contract, making the organization the first North Shore physician group to adopt BCBSMA's global payment model, according to a…