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News

Medicare Advantage plans grew in first half of '08

Here's one sector of the healthcare market which seems to be doing well. According to HealthLeaders-InterStudy, Medicare Advantage enrollment grew by one million, to more than 9.9 million members, Read more...

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

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

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

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?

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...

> 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


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"

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

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

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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Press Releases

IMS Signs Agreement to Divest SDI Medical and Promotional Audits

DANBURY, Conn.--(BUSINESS WIRE)-- IMS Health announced today that it has entered into an agreement with inVentiv Health to divest certain promotional and medical market research products of SDI Read more >>

Market for mHealth Applications Reached $718 Million in 2011

Smartphone application market for mobile healthcare increased by a factor of 7 to reach $US 718 million in 2011HARTFORD, Conn., Jan. 13, 2012 /PRNewswire-iReach/ -- Global Information, Inc. (GII) Read more >>

Allocate Software's Healthroster Selected by Austin Radiological Association

CHICAGO, Nov. 23, 2011 /PRNewswire/ -- Allocate Software plc, the leading provider of workforce and compliance optimization solutions in the Healthcare market, extends its presence in the US with the Read more >>

Research and Markets: Hospital Information Systems (HIS) - Global Opportunity Assessment, Competitive Landscape and Market

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/886bf8/hospital_informati) has announced the addition of GlobalData's new report "Hospital Information Read more >>

Research and Markets: The Saudi Government Allocats Funds of Approximately SAR 68.7 Billion for 2011, Representing a Y-O-Y