A group of private equity firms that specialize in the healthcare industry have formed a new Chicago-based, nonprofit trade association called the Healthcare Private Equity Association, according to a press release.
Leadership & Management
New York hospitals said CMS' proposal to cut reimbursements nationwide to reflect alleged upcoding of services is unfair and would cause $250 million a year in losses in New York alone, according to a report by Crain's New York Business.
HCA's plans for an initial public offering of shares could prompt more IPOs from other for-profit healthcare companies, from hospitals to ASCs, according to a report by the Nashville Business Journal.
The American Medical Association is urging insurers to adopt its "code of conduct" for health insurers, endorsed by 68 state and specialty societies, "to create consistent corporate practices that will bring transparency and accountability," according to a release by the…
MultiCare Good Samaritan Hospital in Puyallup, Wash., has announced plans for a new 58,500-square-foot medical building to open in summer 2011.
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The U.S. Department of Housing and Urban Development has approved a $292.5 million mortgage loan to build a new hospital in East Norriton, Pa., according to a press release from HUD.
A panel charged with finding a buyer for Prince George's County's financially troubled hospital system in Maryland recommended the county transfer hospital assets to Dimensions Healthcare System, the nonprofit operator of the hospitals, according to a report in the Washington…
Florida hospitals will lose $287.3 million in Medicaid funding as part of a new state budget passed by the legislature and sent to Gov. Charlie Crist to sign, according to a report by the Orlando Business Journal.
RegionalCare Hospital Partners expects to complete its plans to acquire two debt-laden hospitals in Alabama by June 30, according to a report by the Times Daily.
AstraZeneca contributed $1 million to Wilmington (Del.) Hospital toward a $210 million expansion and renovation project aimed to increase the hospital's capacity and add nearly 600 jobs, according to a news release from Christiana Care Health System.