financially news from FierceHealthcare
NewsSPOTLIGHT: Provena Covenant healthy despite tax issue
No doubt, administrators at Provena Covenant Medical Center must have experienced some financial challenges since the non-profit lost its property tax exemption. If so, however, they're hiding it Read more...
HMA adopts tougher collections strategy
Hospital chain Health Management Associates has vowed to take a tougher line in collecting from self-pay patients, in a move designed to rid the chain of a reputation for being less aggressive than Read more...
ALSO NOTED: MA Attorney General looks at Caritas Christi Health Care; U of Miami buys Cedars Medical Center; and much more...
> The Massachusetts Attorney General is taking a hard look at why Caritas Christi Health Care is scraping bottom financially. Read more...
Sale of financially-troubled Caritas Christi fails
The Archdiocese of Boston continues to struggle to sell or turn around its financially-troubled Caritas Christi Health Care. Most recently, the Archdiocese failed in its bid to unload Caritas to a Read more...
Primary care MDs ask patients for extra dollars
Struggling to pay even their basic expenses, primary care doctors are increasingly asking patients for an annual fee in addition to co-payments on insured services. This isn't a high-touch concierge Read more...
NY facilities want state to pay for restructuring
As FierceHealthcare readers know, last year the state of New York embarked on what may be the most aggressive Read more...
ALSO NOTED: RediClinics on the move; Turnaround time for Atlanta hospital; and much more...> Retail clinic operator RediClinic plans to open seven Austin-area clinics inside local grocery stores. Article > Two … Read more...FL hospitals could lose $209MFlorida hospitals stand to lose $300 million a year if changes proposed by the federal government are passed. The state is in the paradoxical position of having done too well financially last year, having made good money with sales taxes and document stamps. Now, under the new rules, the feds would cut back the percentage of the state-federal split that they pay into the low-income pool, ultimately leaving state hospitals having to absorb a $209 million shortfall. The state's public … Read more...ALSO NOTED: NH hospitals shift $345M to private plans; Cigna pays for "e-visits"; and much more...> New Hampshire hospitals shifted $345 million onto privately insured patients in 2005, according to a new report. Article ALSO NOTED: CT HMOs pay out less in medical fees; Demographics impact medical group turnover; and much more...> Connecticut HMOs are financially healthy, partly because they're paying out less on medical costs, one analyst says. Article > Like many private sector organizations, the Pentagon is arguing that it can't afford its … Read more... |
