Oakland, Calif.-based Kaiser Foundation Hospitals, the Kaiser Foundation Health Plan and their subsidiaries reported a profit of $2 billion in the 2011 fiscal year, which was on par with 2010, according to a Kaiser news release.
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President Barack Obama's national budget proposal for fiscal year 2013 (pdf), which starts this October, will cut more than $360 billion from Medicare, Medicaid and other health programs over a 10-year span.
CMS has struck down parts of Florida's Medicaid proposal, which state Republicans hope to expand to a completely privatized program, according to an Associated Press/Miami Herald report.
During 2011, healthcare mergers and acquisitions saw 980 deals worth a total of $227.4 billion, an 11 percent increase from $205.6 billion in 2010, according to an Irving Levin Associates report. The upswing in healthcare mergers and acquisitions is likely…
Hospitals and health systems today operate in one of the most challenging environments in the history of the healthcare industry. Regulatory and reimbursement pressures continue to tax facilities, and the growth of government-sponsored healthcare programs further constrain revenues. In response,…
Unless you have been living under a rock, you know hospitals and health systems are implementing telemedicine programs. Virtual health coaches, web consults with specialists, telemedicine hospital rooms and cloud-based physicians are increasingly common. Telemedicine and telehealth have the potential…
Johnstown, Pa.-based Conemaugh Health System is building a 16,000-square-foot center for cardiac care, according to a Tribune-Democrat report.
Catholic bishops said they would not support President Barack Obama's compromise on the mandate requiring most employers to cover contraception in their employees' health plans, according to a Wall Street Journal report.
The Ohio State University Medical Center, based in Columbus, is being renamed Wexner Medical Center at The Ohio State University in honor of benefactor Leslie H. Wexner, according to a health system news release.
Cleveland Clinic employees are now eligible for partial refunds of their health insurance premiums, which increased 21 percent this year, according to a Plain Dealer report.