Shands Jacksonville (Fla.) is moving ahead with construction of a new medical complex, including a 100-bed hospital and an outpatient facility, despite opposition from Memorial Hospital in Jacksonville, according to a Florida Times-Union report.
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The Detroit Medical Center, part of Nashville, Tenn.-based Vanguard Health Systems, is planning a $50 million outpatient facility, according to a Detroit News report.
From October 2009 through the first quarter of the 2012 fiscal year, the Medicare Recovery Audit program has collected a total of $1.27 billion in overpayments, according to a CMS fact sheet (pdf).
A federal judge has approved the distribution of roughly $200 million in settlement payments from health insurer UnitedHealth Group to physicians from a 2009 class-action lawsuit stemming from low reimbursements of out-of-network services, according to an American Medical Association news…
Ascension Health in St. Louis is looking to shore up its most recent health system acquisition — Arlington Heights, Ill.-based Alexian Brothers Health System — by issuing $600 million in bonds, according to a Crain's Chicago Business report.
In response to a potential ballot measure to cap the pay of executives at Mountain View, Calif.-based El Camino Hospital, the administration has said the executive compensation is on par with industry standards, according to a San Jose Mercury News…
Hospitals and physician practices in Massachusetts and New Jersey with electronic health record systems are starting to see green, as the states recently distributed a combined $54.6 million in federal Medicaid funds for those investing in EHRs.
St. Louis-based Ascension Health has named Katherine Arbuckle CFO, according to an Ascension news release.
Stamford (Conn.) Hospital recently recorded a 6 percent operating margin in its most recent fiscal year, the eighth consecutive year it has recorded a positive margin, according to a hospital news release.
Pittsburgh-based West Penn Allegheny Health System has lost a total of $55.9 million through the first six months of its 2012 fiscal year, compared with a profit of $2.1 million for last year's July through December period, according to WPAHS'…