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ALSO NOTED: GA non-profits win charity care suit; Humana Q3 profits triple; and much more...
> Bariatric patients could generate $1 billion in annual revenues for hospitals by 2010. To accommodate them, hospitals will need to buy new equipment that meets their needs. Release
> A group of Georgia's non-profit hospitals won a class-action lawsuit contending that they overcharged the uninsured and failed to provide adequate charity care. Article
> Humana's profit tripled for the third quarter of this year, driven by enrollment in its Medicare drug and and health plans. Of course, that doesn't mean they're going to be paying providers more... Article
> Psychiatric Solutions will go ahead with its $210 million acquisition of Alternative Behavioral Services. Psychiatric Solutions had backed out of a $250 million offer, but got sued by ABS and changed its tune. Article
> Tenet Healthcare expects to post a loss of $82 million to $92 million for the third quarter of this year. The company attributes the losses to bad debt from unpaid medical bills. Article
> Hospital CEO Paul Levy takes issue with a New York Times special supplement which mixed drug ads with stories mentioning those companies' drugs. Blog
And Finally... Will this become the gold standard in lie detection technology? Article
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- Hospitals offer jobs, economic growth during hard times
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