Scrutiny from federal and state regulars, as well as the media, will always surround executive compensation at non-profit hospitals, and there are seven red flags that could ignite the firestorm, according to a webinar from Venable and Guidestar.
The Latest
Ann Arbor-based University of Michigan Hospitals and Health Centers invested heavily in capital projects this year, but the health system expects to post an operating loss of 0.5 percent on $2.2 billion of revenue for fiscal year 2012 — better…
Fitch Ratings recently affirmed the B+ rating on West Penn Allegheny Health System's $737 million of revenue bonds, and analysts went one step further by upgrading the health system's outlook to stable from evolving.
The per capita costs of hospital and healthcare services covered by Medicare and commercial insurers continues to rise, as they increased 6.14 percent year-over-year ending April 2012, according to the Standard & Poor's Healthcare Economic Indices (pdf).
The American Hospital Association is calling on CMS to revise its proposed rule for the long-term care hospital prospective payment system for fiscal year 2013, according to an AHA News Now report.
The cumulative profit margin across all St. Louis-based hospitals in 2010 hit 7.6 percent — the second-highest figure in the past 15 years, according to a report from the St. Louis Area Business Health Coalition (pdf).
Big banks just got a little shakier, as Moody's Investors Service downgraded the ratings of 15 massive, global banks and securities firms, many of whom are major players in the hospital bond sector.
Beginning in 2013, Anderson, Ind.-based Saint John's Health System will change its name to St. Vincent Anderson Regional Hospital to reflect its expanded role within the system.
Healthcare workers in Philadelphia are planning to rally outside of Thomas Jefferson University Hospital this Saturday, according to a union news release.
Service Employees International Union Healthcare of Pennsylvania has increased its organizing efforts at University of Pittsburgh Medical Center hospitals, and the health system responded by holding a meeting with board members and union advocates, according to a Pittsburgh Business Times…