Brentwood, Tenn.-based RegionalCare Hospital Partners and Nashville, Tenn.-based Essent Healthcare have completed their merger, according to a Tennessean report. Under the deal, RegionalCare will absorb Essent and operate its seven rural hospitals in six states. Financial terms of the deal…
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Mark Schwartz, the former CEO of St. Luke's Magic Valley Medical Center in Twin Falls, Idaho, earned a salary of $290,000 before benefits and other compensated expenses last year, according to a Times-News Magic Valley report.
The sale of Hoboken (N.J.) University Medical Center to for-profit HUMC Holdco was finalized on Friday, according to a Jersey Journal report. HUMC Holdco won a competitive bid in April to run HUMC after the hospital’s previous non-profit operator filed…
Oakland, Calif.-based Kaiser Foundation Hospitals and its health plans reported a net loss of $45 million in the third quarter of 2011 compared with a net income of $634 million in the same quarter last year, according to a Kaiser…
The possible revocation of property tax-exempt status would be a "credit negative" for Illinois non-profit hospitals, according to a Moody's Investors Service report.
Eighteen hospitals, most in South Carolina, will see an 8 percent cut to state and federal funds this fiscal year after South Carolina found those hospitals were not providing a proportionate share of uncompensated care to uninsured residents, according to…
Medicare ACO Participation Will be Determined by Factors Outside CMS' Control, Despite Improved Rule
Over the past year, providers have been hopefully contemplating and building new delivery system models designed to reward better outcomes, population health and increased value.
The spiraling costs of healthcare have pushed the entire system to the brink. To make matters worse, healthcare quality in the United States lags behind other developed economies. This has precipitated a backlash demanding both better care and lower cost.…
Hospitals considering a merger or acquisition may benefit from the efficiencies that can be realized through integrating each organizations' contract lifecycle management system. A white paper, penned by Mike Cram, practice leader of CLM, Rob Fellman, senior consultant, and Tony…
Members of North Carolina's House Select Committee on Certificate of Need and Hospital-Related Issues plan to review the state's certificate of need laws later this year, following a call by N.C. Speaker of the House Thom Tillis in August for…