If the Patient Protection and Affordable Care Act is upheld, it could have negative credit implications for health insurers even though their coverage base will increase, according to a report from Moody's Investors Service.
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It's no small task to manage and oversee the financial operations of any hospital, which are multi-million dollar institutions, and for Kenneth Morris, he has the task of overseeing the multi-billion dollar Duke University Health System in Durham, N.C.
Oconto (Wis.) Hospital & Medical Center has been renamed the Bellin Health Oconto Hospital, according to a Green Bay Press Gazette report.
Hospital-employed physicians currently represent roughly half of the physician market, and their compensation levels are highly monitored across the healthcare spectrum.
Hahnemann University Hospital and St. Christopher's Hospital for Children, two Tenet Healthcare hospitals based in Philadelphia, have reached new three-year contracts with Independence Blue Cross, one of the largest health insurers in southeastern Pennsylvania.
Hospitals recently reported appealing nearly one-third of all recovery auditor (RAC) denials, and 75 percent were overturned in favor of the hospital, according to the American Hospital Association's RACTrac Survey (pdf) results from the first quarter of 2012.
Sunrise Hospital and Medical Center in Winchester, Nev., is planning to eliminate 144 jobs as a result of the poor economy, according to a Vegas Inc report.
Christus Santa Rosa Health System in San Antonio, Texas, is planning to permanently close its City Centre hospital, also located in San Antonio, which will eliminate 400 jobs, according to a San Antonio Business Journal report.
Verdicts for most malpractice trials are in the physicians' favor, but cases that go to trial tend to take more than three years, according to a study from the Archives of Internal Medicine.
Cedars-Sinai in Los Angeles has received the Accreditation Council for Graduate Medical Education's first approval for an obstetric anesthesiology fellowship program.