Tag:
Vanguard Health Systems
Latest Headlines
Latest Headlines
Vanguard CEO compensation jumps 54%
Despite public scrutiny of executive pay amid rising healthcare costs, the CEO and board chairman of Vanguard Health Systems saw his total compensation rise by 54 percent to $3.7 million for the
Hospital seeks repayments from docs after fraud settlement
Detroit Medical Center has been aggressively pursuing repayments worth hundreds of thousands of dollars from physicians as part of a fraud settlement with the federal government, reported Crain's
Medicaid cuts costing hospitals more jobs
With state budgets cutting Medicaid and Medicare reimbursements, hospitals big and small are feeling the effects of the lost funds. To make up for the reductions, large hospital chains in Texas are
Vanguard, Kindred both announce Illinois expansions
There's no shortage of hospital news in Illinois this week, where two healthcare systems are expanding their reach, one via acquisition and the other the old fashioned way--opening a new facility.
Vanguard's $49 million loss won't stop it from acquiring Detroit Medical Center
A $49 million loss for fiscal year 2010 will not stop Vanguard Health Systems from purchasing the non-profit Detroit Medical Center, reports Crain's Detroit Business. Last year, Vangaurd posted a
'Coalition' insists sale of Detroit Medical Center to Vanguard is illegal
Three nonprofit groups referring to themselves as the Coalition to Protect Detroit Health Care are calling the recently announced sale of Detroit Medical Center --a nonprofit system consisting of
Caritas sale to make for largest for-profit switch in Massachusetts history
Caritas Christi Health Care, which runs six Catholic community hospitals in Massachusetts, making it the second-largest hospital group in the state, has agreed to be acquired by New York private
Hospital system's annual revenues could jump past $5B with purchase of nonprofit
Vanguard Health Systems Inc. has signed a letter of intent to buy nonprofit Detroit Medical Center (DMC) in a deal that could push the Nashville, Tenn.-based hospital chain's annual revenues past $5
Massive HCA dividend: What does it mean?
Nashville, Tenn.-based hospital chain HCA Inc. will distribute a $1.75 billion dividend to company stockholders and vested option holders, including the private equity firms KKR, Bain Capital and
