Illinois psychologists can prescribe medication; New York health system to acquire two more hospitals;

News From Around the Web

> Certain clinical psychologists can write prescriptions for patients under a new Illinois law, making it the third state, along with New Mexico and Louisiana, to allow psychologists to prescribe medication, WorkersCompensation.com reported. Article

> New York's largest health system, North Shore-LIJ Health System, will acquire two Westchester County hospitals, adding to its more than 48,000 employees, 17 hospitals and 400-plus outpatient physician practices, Dot Med Daily News reported. Story

Health Finance News

> There is often a significant price difference between common procedures performed at hospitals versus at a physician's office or in outpatient surgery centers, according to two new studies. Article

> The surprise drop in the U.S. Gross Domestic Product during the first quarter may be linked to healthcare and the impact of the Affordable Care Act, the Wall Street Journal reported. Article

> The nation's hospitals have been tremendously flexible in adjusting to how the Great Recession roiled their finances, but they still face long-term declines in patient volume and other challenges to their bottom lines, said Martin Arrick, managing director of rating agency Standard & Poor's (S&P) not-for-profit healthcare group. Article

And Finally… Who invited this guy? Article

Suggested Articles

The profit margins and management of Community Health Group raise questions about oversight of managed care insurers.

Financial experts are warning practices about the pitfalls of promoting medical credit cards to their patients.

A proposed rule issued by HHS on Tuesday would expand short-term coverage, a move Seema Verma said will have "virtually no impact" on ACA premiums.