Keyword: Community Health Systems
Community Health Systems lost $118 million in the first quarter, which ended March 31, due in part to falling admissions.
Two former senior IT executives at Community Health Systems allege the health system submitted hundreds of millions of dollars in false claims to HHS.
Officials pointed to a 15% decrease in total admissions and a 15.3% decrease in total adjusted admissions, compared with the same period in 2017.
However, Quorum Health must pay CHS $1.5 million in withheld payments.
Community Health Systems lost $325 million in the third quarter, but some of its new initiatives, such as its ACOs, are a bright spot.
Community Health Systems has announced that a subsidiary has agreed to sell a two-hospital health system in South Carolina by the end of the year.
Officials at Johns Hopkins University plan to name a new research building after Henrietta Lacks, plus more healthcare headlines from around the web.
A Moody’s analyst has warned that CHS’ $262 million fraud settlement could “severely weaken” the system, plus more healthcare headlines.
A health system that is part of hospital giant Community Health Systems will pay more than $262 million to resolve criminal charges and civil claims.
How's the year going for hospitals so far? Here's a look at the second quarter of 2018 at publicly traded hospitals.