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News

OIG: HHS to target hospitals in continued fraud crackdown

It's no secret that federal officials have been on the warpath as of late, cracking down on healthcare fraud, abuses, and waste, hoping for (and recently achieving) millions in recovered Medicare and Read more...

HealthSouth exits long-term care business

LifeCare Holdings has entered into an agreement to acquire all of Birmingham, Ala.-based HealthSouth Corp.'s long-term care hospitals for $120 million, the former announced this week. LifeCare Read more...

Inpatient, outpatient healthcare costs have doubled in nine years

Medical inflation is at its most moderate levels in years, but the cost of hospital inpatient and outpatient care continues to outpace the costs of other sector components, according to a new report Read more...

Kindred Healthcare to buy ReHabCare for nearly $900M

Kindred Healthcare (NYSE: KND) will acquire rival RehabCare Group, Inc. (NYSE: RHB) for about $900 million, according to a joint announcement made Tuesday. The merger will create the largest Read more...

Ascension Health will create 500 new jobs

Ascension Health, the country's largest Roman Catholic hospital system, will open a new service center in Indianapolis, creating 500 new jobs by 2013, according to a press release issued jointly by Read more...

HUD to offer new mortgage option for hospitals

Cash-strapped hospitals may soon have another option for refinancing their high-interest debt, courtesy of the Department of Housing and Urban Develop. HUD is expected to announce soon that hospitals Read more...

Survey: California hospitals struggle with patients who can't pay

A survey performed in November 2008 shows that more Californians are struggling to pay for medical care, or just plain giving it up because they know they can't afford it. In total, 82 chief Read more...

LifePoint profits more than double

Hospital operator LifePoint Hospitals has reported its second quarter profits, and they're looking good, particularly when compared with the company's Read more...

PA puts hospital quality data online

A Pennsylvania group has launched a new website offering quality reports that compare hospital performance and outcomes for the state. On the site, which includes data from all 162 primary acute Read more...

FL governor wants to end CON law

If Florida's governor gets his way, the state will repeal its certificate-of-need rules for acute-care hospitals. Governor Charlie Crist (R) included a proposal to eliminate CON rules in his fiscal Read more...

Press Releases

Community Health Systems to Participate in the Leerink Swann 2012 Global Healthcare Conference

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) today announced that management will participate in the Leerink Swann 2012 Global Healthcare Conference to be held Read more >>

Fitch Rates Johns Hopkins Health System (MD) Series 2012A Bonds 'AA-'; Affirms Outstanding Debt

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned an 'AA-' rating to the approximately $53.5 million Maryland Health and Higher Educational Facilities Authority revenue notes, The Johns Hopkins Read more >>

Community Health Systems to Broadcast Fourth-Quarter and Year-End 2011 Conference Call Live on the Internet

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE:CYH) today announced that it will provide an online Web simulcast and rebroadcast of its fourth-quarter and year-end 2011 Read more >>

IASIS Healthcare to Broadcast Its Fiscal First Quarter 2012 Conference Call Live on the Internet

FRANKLIN, Tenn.--(BUSINESS WIRE)-- IASIS Healthcare® LLC today announced that it will provide an online Web simulcast of its fiscal first quarter 2012 conference call on Tuesday, February 7, 2012. Read more >>

Community Health Systems to Participate in the UBS 22nd Annual Global Healthcare Services Conference

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) today announced that management will participate in the UBS 22nd Annual Global Healthcare Services Conference to be held Read more >>