Kindred Healthcare to share $2M in profits; Doctors group gets sole control over physician-owned hospital;

> In a news bulletin for employees, Kindred Healthcare CEO Paul Diaz wrote that $2 million worth of profits would be shared in 401(k) deposits. Bulletin
> After the end of July, Kenneth Hall Hospital in East St. Louis will lose its last 14 beds and become an emergency treatment center, the Belleville News Democrat reports. Article
> After seven years at the helm, Tom Timcho will step down as president and CEO of Jefferson Regional Medical Center in Pittsburgh, the Pittsburgh Business Journal reports. Article
> An OB/GYN in Martinsburg, W.Va., was found guilty of defrauding Medicare, Medicaid, the Public Employees Insurance Agency and Unicare between June 2004 and December 2008 by billing for services never provided or for more complex services than those delivered. She faces up to 340 years in prison, the Associated Press reports. Article
> A doctors group will take sole control of Michigan's only physician-owned acute-care hospital after successfully buying out McLaren Health Care Corp.'s 35 percent stake in Doctors' Hospital of Michigan, based in Pontiac, the Detroit News reports. Article
And Finally... Perhaps Bach's "Sleepers Awake" cantata would have been more appropriate. Article