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The following is excerpted with permission from the blog, "Not Running a Hospital," authored by Paul Levy, former CEO of Beth Israel Deaconess Medical Center in Boston.

Oak Brook, Ill.-based Advocate Medical Group, the physician arm of Advocate Health Care, has agreed to acquire Oak Lawn, Ill.-based MidAmerica Cardiovascular Consultants for $3.5 million, according to a Crain's Chicago Business report.

Miami-based Jackson Health System has reached a three-year agreement with the Service Employees International Union for a new contract that includes $52 million in concessions but offers the system's employees incentives for creating savings for the hospital, according to a…

Judging from recent news reports, surveys and studies, many hospital CEOs might imagine physicians running — not walking — to their local hospital and pleading for employment. As of 2010, roughly 75 percent of physicians were already in financial relationships…

Proper medication reconciliation can help prevent adverse drug events by identifying exactly what medications a patient was taking before coming to the hospital and confirming appropriate medication orders during and after hospitalization. Last year, the Agency for Healthcare Research and…

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