profit hospital news from FierceHealthcare
NewsHCA, for-profit hospitals to fall under state Medicaid changes
Some of the nation's most powerful for-profit hospital chains could see some significant hits to their revenue if Texas's plan for revamping its Medicaid program is approved by the federal Read more...
Non-profit hospital tax breaks attacked by Grassley, again
Well, folks, if you thought Sen. Chuck Grassley (R-Iowa) was ready to take a breather on the subject of non-profit hospital tax breaks, think again. This week, the Senator used a hearing on Read more...
Community Health expects less '08 revenue
Hospital chain Community Health Systems is expecting to make a healthy profit in 2008, but expects to take in less revenue this year than it originally had projected. The company, which just released Read more...
Financial challenges in future for U.S. hospitals
Despite the challenges they face, U.S. hospitals have actually improved their financial picture in recent years--but that may be about to change, according to a new report. Moody's Investors Read more...
Feds to crank up non-profit charity demands
Watch out, charity hospitals--Sen. Chuck Grassley is coming after you. In recent times, the Iowa Senator has been on the warpath over what he considers to be inadequate levels of charity care Read more...
160-physician group joins Essentia Health
Essentia Health of Duluth, MN is picking up a 160-physician practice which will add an additional 22 clinics to its footprint. The Dakota Clinic/Innovis Health, a Fargo, ND for-profit physician group Read more...
Ratings firms slam nonprofit hospital finances
Financial firms aren't happy with not-for-profit hospital performance, and are showing their ire by downgrading credit ratings. According to new data from Moody's Investors Services, downgrades Read more...
Community Health buys Triad, creating U.S. leaderIn a deal which should create the nation's largest publicly-traded hospital operator, Community Health Systems has agreed to buy Triad Hospitals for about $6.8 billion, including $5.1 billion upfront and the assumption of $1.7 billion in debt. HCA used to be the nation's top publicly-held hospital firm, but it was taken private in a $33 billion leveraged buyout last year. In agreeing to … Read more...Editor's Corner
New York non-profit hospitals in the redYou think your budget is tight? Try being a New York state-based non-profit hospital. The state's 218 non-profit facilities lost a collective $95.4 million in 2005, putting them at 49th in the country for operating margins, according to the Healthcare Association of New York State (HANYS). HANYS said that 56 percent of the state's non-profits are losing money, breaking even or running margins of less than 1 percent, a dismal situation given … Read more... | Press ReleasesOur Lady of Lourdes Hospital Selects Allscripts Electronic Health Record for Employed PhysiciansCHICAGO and BINGHAMTON, N.Y., Oct. 25 /PRNewswire/ -- Our Lady of Lourdes Hospital, a 270-bed Catholic not-for-profit hospital located in New York's Southern Tier area, selected the Allscripts Read more >> Lakeview Hospital Signs Contract for Multiple Enterprise Software Applications from Lawson SoftwareMinnesota hospital to modernize core business systems to build on a long-standing reputation of excellence and innovation in community healthcare ST. PAUL, Minn., Aug. 2, 2010 - Lawson Software Read more >> The Children’s Hospital Announces Expansion with New Patient TowerNew 10-story Tower Will Include Additional Patient Beds and Advanced Maternal Fetal Medicine Services DENVER--(BUSINESS WIRE)-- The Children’s Hospital has begun the construction of a 10-story, Read more >> OhioHealth Selects CredenceHealth for Real-Time Clinical Surveillance InitiativeNASHVILLE, Tenn.--(BUSINESS WIRE)-- CredenceHealth, a provider of real-time clinical intelligence for hospitals and health plans, announced today that OhioHealth, an 8-hospital, 2000+bed, Read more >> Virginia Hospital Center Selects CredenceHealth for Patient Quality InitiativeNASHVILLE, Tenn.--(BUSINESS WIRE)-- CredenceHealth, a provider of real-time clinical intelligence for hospitals and health plans, announced today that Virginia Hospital Center , a 342-bed Read more >> |
