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.
Leadership & Management
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.
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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.
Hospitals will get $150 million in extra federal payments in fiscal year 2011 to account for regional disparities in Medicare payments. Here is how CMS proposes to split up the money, showing the percentage hospitals in each state would receive,…
West Calcasieu Cameron Hospital in Sulphur, La., is the first in the Lake Charles area to have anesthesia services covered in-network by Blue Cross Blue Shield of Louisiana after nearly six months of being out of network, according to a…
Following a $108 million settlement to resolve a federal whistleblower case alleging improper financial incentives to cardiologists, Cincinnati's Christ Hospital may be excluded from Medicare and Medicaid, according to a report in the Business Courier of Cincinnati.