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News

Standard & Poor's says non-profit systems' finances should keep eroding

The next few months shouldn't be much better for non-profit hospital systems than the first half of 2009 was, according to a new report from financial ratings firm Standard & Poor's. S&P says Read more...

Standard & Poor's: Non-profit hospital finances worsened in '08

In news that shouldn't come as a shock to anyone, financial ratings agency Standard & Poor's reported that non-profit hospitals' median operating margins and other key measures of financial Read more...

Trend: Hospital layoffs mounting

As the economy struggles, growing numbers of hospitals across the U.S. are going through layoffs, in an effort to ride out what some have called the most financially-challenging time in decades. The Read more...

Press Releases

Jefferson County Hospital Looks to Custom Software Systems for Automation Upgrade

Hospital chooses enterprise-wide solutions including ChartSmart emr®NASHVILLE, Tenn., May 23, 2011 /PRNewswire/ -- Jefferson County Hospital has selected the solutions of Custom Software Systems, Read more >>

Food Technology Service, Inc. Reports Earnings

MULBERRY, Fla.--(BUSINESS WIRE)-- Food Technology Service, Inc. (Nasdaq: VIFL) today announced financial results for the year ending December 31, 2010. Food Technology Service, Inc. had revenue of Read more >>

Georgians Can’t Afford a Loss of Tax Benefits for Community Hospitals

Report Shows Value of Community Benefits Far Exceed Potential Tax Revenue TIFTON, Ga.--(BUSINESS WIRE)-- The Georgia Alliance of Community Hospitals has released reports that conclusively illustrate Read more >>

Fitch Affirms Brooks Health System's Revs at 'A'; Outlook Stable

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed the following rating: --$92.55 million Jacksonville Health Facilities Authority (FL) (Brooks Health System; BHS) hospital revenue refunding bonds Read more >>

Richmond Bone & Joint Improves Cash Flow and the Patient Experience with Self-Service from NCR

Houston-based orthopedic practice speeds registration, increases bill payment with NCR MediKiosk™ patient self-service solution DULUTH, Ga.--(BUSINESS WIRE)-- Richmond Bone & Joint Clinic (RBJC), Read more >>