Franklin, Tenn.-based Community Health Systems may attempt to restructure a $4.5 billion term loan in which $2 billion of the loan would be extended from July 2014 to Jan. 2017, according to a Bloomberg report.
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Most healthcare organizations say they have one full-time equivalent compliance officer dedicated solely to Recovery Audit Contractor program audits, according to a survey from the Health Care Compliance Association (pdf).
Erlanger Health System, based in Chattanooga, Tenn., lost $3.9 million in December, bringing its six-month losses to $10.3 million, according to a Chattanooga Times Free Press report.
Cincinnati Children's Hospital Medical Center, one of the largest employers in the Cincinnati area, plans to cut $20 million out of its $1.7 billion budget this year and expects to keep its labor force flat, according to a Cincinnati Inquirer…
A new master plan for Cleveland Clinic involves the development of 14 new buildings over the next 30-50 years, a major design overhaul with a price tag the system is not ready to release, according to a Plain Dealer report.
A cardiologist is claiming UPMC Hamot in Erie, Pa., and a group of physicians bilked Medicare by performing unnecessary stent procedures, according to an Erie Times-News report.
The Republican-led Michigan House of Representatives has stalled legislation that would create the state's health insurance exchange, according to a Detroit News report.
Luxury hospital suites — costing patients up to $1,500 per day — are on the rise, as hospitals compete for international and wealthy patients through amenities like butlers, gourmet menus and high thread-count bedding, according to a New York Times…
Minnesota Hospital Association CEO Lawrence Massa recently shared his insights on the eighth annual Minnesota Adverse Health Event Report, according to an association news release.
The National Quality Forum has endorsed a framework for measuring and evaluating regionalized emergency medical care systems.