Nashville, Tenn.-based Vanguard Health Systems, which is in the process of acquiring eight-hospital Detroit Medical Center, has reported losses of $43 million for its 2010 fiscal year, according to a Detroit News report.
Leadership & Management
A report by Moody's Investors Service found that non-profit hospitals improved margins and liquidity in 2009, but the ratings service still projects a negative outlook for these facilities, according to a report by the HFMA.
A Mississippi health officer has denied a proposal by Jacksonville, Miss.-based St. Dominic Hospital to build a 71-bed hospital in Madison, Miss., according to a Clarion Ledger report.
The nation's community hospitals, long a backbone for healthcare provision in this country, face increasing challenges as reimbursements fall, regulations become more complicated and payors demand closer collaboration with physicians and other outpatient providers. These hospitals continue to join larger…
Marin General Hospital in Greenbrae, Calif., plans to file a lawsuit against Sacramento-based Sutter Health later today accusing the health system of siphoning $120 million from the medical center's accounts during the past four years, according to a San Francisco…
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A study by the the Center for Studying Health System Change and the National Institute for Health Care Reform has found that plans by Detroit-area hospitals for major capital improvements could ultimately drive up healthcare costs, according to a Crain's…
Maywood, Ill.-based Loyola University Health System recovered a profit of $404,000 for the fiscal year ended June 30, turning around the system's $42.9 million loss for FY 2009, according to a Crain's Chicago Business report.
As president of the Brigham and Women's/Faulkner Hospitals, Elizabeth G. Nabel, MD, has pledged to strengthen the hospitals' connections to the communities they serve, "whether they live across the street or around the world." On Dr. Nabel's appointment to Brigham…
The Centers for Medicare & Medicaid Services has issued a reminder that all entities covered under the Health Insurance Portability and Accountability Act should be ready to test with their trading partners the functionality of the entities' practice management and/or…
National physician shortages are rising across the country, and the problem is only expected to increase when 32 million Americans receive health insurance for the first time in 2011, according to various reports.