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The former vice president of corporate risk management at Winston-Salem, N.C.-based Novant Health has pled guilty to eight counts of embezzlement, according to a Winston-Salem Journal report.

Illinois Gov. Pat Quinn released next fiscal year's budget, which will include roughly $2.7 billion in cuts to the state's Medicaid program, according to a Chicago Tribune report.

Hospitals should focus on four numbers to predict the success of their pilot accountable care organization, according to a new white paper from Thomson Reuters.

Bacteria from unused paper towels may be transferred to healthcare employees after they wash their hands, which may pose risk of bacterial transmission to patients, according to research published in the American Journal of Infection Control.

Over the past decade, physician employment has grown by 32 percent at hospitals, and roughly 20 percent of the practicing physician workforce now works for a hospital. This explosion of employed physicians signals several factors: the move toward accountable care…

Hospitals are facing a perfect storm. Payors and society are demanding excellent quality supported by data and transparency. At the same time, the general economy and a national movement to reduce the cost of health care are stressing hospitals with…

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