Roughly 70 percent of hospital executives reported their organization's financial results in the fourth quarter of 2011 were better than expected, but this upcoming year still causes concern, according to a survey from ITG Market Research.
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Two retiring executives at Salinas (Calif.) Valley Memorial Healthcare System — CFO John Fletcher and Vice President of Operations Beverly Ranzenberger — will earn lump sum retirement payments of more than $1 million each, according to a Monterey County Herald…
Health insurer Cigna has completed its acquisition of HealthSpring, which was one of the largest Medicare Advantage plans in the country, according to a Cigna news release.
In 2010, Virginia's hospitals and health systems provided nearly $2.3 billion in community support, which included $515 million in charity care, according to a report from the Virginia Hospital & Healthcare Association (pdf).
Franklin, Tenn.-based Community Health Systems and its lender have finalized a credit agreement that will extend roughly $1.6 million of CHS' term loans to Jan. 25, 2017, according to a CHS news release.
James P. Alexander, president and CEO of Howard Regional Health System in Kokomo, Ind., and Bryan Mills, president and CEO of Community Health Network, based in Indianapolis, have announced a formal affiliation between the two organizations, according to a CHN…
The California State Assembly has passed a bill that would extend current restrictions on smoking in hospitals by applying them to entire hospital campuses, according to a Los Angeles Times report.
Blue Cross Blue Shield of Michigan has asked a federal judge to dismiss rival Aetna's antitrust suit against the insurer alleging unfair contracting practices, according to a report by The Detroit News.
Hackensack (N.J.) University Medical Center has applied to become a Medicare accountable care organization, according to a hospital news release.
Community Health System's Longview (Texas) Regional Medical Center has announced plans to merge its operations with Diagnostic Clinic of Longview, a multispecialty clinic, according to a CHS news release.