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Half of NY hospitals lost money, made little in '06

January 3, 2008 — 7:59am ET
Seems like many New York state hospitals have fallen on hard times. While the average profit margin for hospitals in the U.S. is 4 percent, half the state's hospitals lost money or reported margins... Read more...

Insurance-free CA hospital empire keeps growing

July 8, 2007 — 8:01pm ET

A maverick California cardiologist continues to expand his burgeoning hospital empire, which now stands to challenge some of the biggest chains in the state. While the rapid pace of his acquisition is drawing attention--he's acquired six hospitals during the past year alone--what's really got the industry buzzing is the fact he's canceling all of the hospitals' contracts with health insurance plans.

Dr. Prem Reddy's Prime Healthcare Services now owns eight hospitals in California, …

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Editor's Corner

February 25, 2007 — 8:01pm ET

Welcome to the first day of our HiMSS '07 coverage!  Over the next few days, we'll be bringing you updates on the technology, personalities and events here at the Morial Convention Center in downtown New Orleans, and …

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Retail clinics already on the rocks?

October 4, 2006 — 8:01pm ET

In a recent post on industry blog Hospital Impact, Tony Chen argues, rather convincingly, that the buzz about the prospects for retail clinics may be overblown. While Chen--and I, for that matter--still believe that retail clinics have a healthy future, he notes that these clinics are running into some obstacles cheerleaders hadn't pointed out in the first round of enthusiasm.

For example, he notes that retail clinic operator Take Care is pulling out of Portland, OR, …

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ALSO NOTED: Tenet names new CFO; Cell phones as medical tools?; and much more...

May 24, 2006 — 8:00pm ET

> Walter Street Capital said it has acquired a majority stake in Lakewood Pathology Associates with a $50 million investment. Article

> A doctor in Taiwan has come up with a clever way for patients with asthma to send PEFR information to providers over their cell phones. …

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Editor's Corner

May 18, 2006 — 8:01pm ET


This week saw more controversy regarding some of the bad boys of healthcare past and strong hints that some of the healthcare market stars of the present may have adopted their bad habits. Criminal investigations into United HealthGroup and ACS are now following The Wall Street Journal story about their stock option pricing and Bill McGuire's huge fortune. Now Caremark has …

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SPOTLIGHT: Specialty hospitals pose "little threat"

May 10, 2006 — 8:01pm ET

Two new reports were released assessing the impact of specialty hospitals on the healthcare market. CMS concludes that specialty hospitals "deliver efficient, high-quality services" but wonders if some providers may be avoiding their obligation to provide charity care. The GAO report notes that specialty players have a mixed impact on their general competitors, arguing that the evidence does not support the view that specialty competition encourages "existing hospitals to adopt changes that make them more efficient and better able to compete." Article

Trend: Webcasting is hot at hospitals

May 4, 2006 — 8:01pm ET

The Houston Chronicle studies the increasing popularity of webcasting among hospitals, looking at the success of programs at Texas Medical Center and Memorial Hermann. Supporters note that webcasts of surgical procedures both help market a hospital's services and educate patients. This is a hot area. Astute FierceHealthcare readers will remember that last year we profiled SLP3D, a company that specializes in producing webcasts for the healthcare market and the name behind …

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India launches healthcare drive

March 27, 2006 — 8:01pm ET

India is launching a major drive to train more healthcare professionals and professionalize the country's health system. The government plans to launch a network of public health institutes based on the system of technology and management institutes that have helped make the country a global leader in information technology and engineering. Prime Minister Manmohan Singh said the five state-funded schools will eventually graduate 10,000 public health professionals a year. Singh, who was …

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Cleveland Clinic plans Canadian venture

March 19, 2006 — 8:01pm ET

With the Canadian healthcare market warming to private care, the Cleveland Clinic is among the providers testing the waters north of the border with a new venture calculated to attract patients who want quick access to a specialist. Cleveland Clinic Canada, a joint-partnership with the Copeland Group, will operate out of a 25,000 square foot office in Toronto. Organizers hope the project will lure Canadian customers to the United States for further treatment. The provider hopes to attract …

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