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California Hospitals Expand to Meet Seismic Safety Deadlines Despite Expected Losses |
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Written by Staff
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Tuesday, 06 January 2009 |
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Facing a lack of capital and major cuts to their funding sources, almost every healthcare facility in the North Bay region of California will break ground and take on major construction this year, according to the North Bay Business Journal.
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Nursing Shortage Challenging Organizations Nationwide |
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Written by Staff
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Tuesday, 06 January 2009 |
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A dearth of applicants for nursing jobs is forcing recruiters to try a variety of creative methods just to get qualified individuals to visit organizations, according to the Associated Press.
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New York Hospitals Accused of $50 Million Medicaid Fraud |
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Written by Staff
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Tuesday, 06 January 2009 |
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Seven hospitals in New York are accused of fraudulently billing Medicaid for more than $50 million, according to a report by the Associated Press.
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New Mexico Hospital Starts $20.3 Million Construction |
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Written by Staff
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Tuesday, 06 January 2009 |
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Memorial Medical Center in Las Cruces, N.M., is set to begin several new expansion projects that will cost more than $20 million, according to Las Cruces Sun-News.
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Maryland Hospital Completes $117 Million Expansion |
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Written by Staff
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Tuesday, 06 January 2009 |
The Baltimore Washington Medical Center in Glen Burnie, Md., has completed a $117 million expansion that has doubled it size, according to the Baltimore Sun.
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U.S. Healthcare Spending Increases at Lowest Rate Since 1998 |
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Written by Mark Taylor
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Tuesday, 06 January 2009 |
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CMS Office of the Actuary announced that 2007 U.S. healthcare spending increased at the lowest rate of growth since 1998, according to a teleconference held Jan. 5.
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Despite National Trend, Greater Cleveland Hospitals Expanding |
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Written by Staff
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Monday, 05 January 2009 |
Despite the credit crisis, and industry-wide reporting of capital losses, and decreases in volume and elective procedures, hospitals in Greater Cleveland are moving forward with major expansion projects, according to The Plain Dealer.
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Survey Reveals Economic Strain on Tennessee Hospitals |
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Written by Staff
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Monday, 05 January 2009 |
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A survey by the Tennessee Hospital Association of the state's hospitals reveals that the majority of the organizations have reduced staff or are considering cuts as a result of current economic challenges, according to The Tennessean.
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Virginia Hospitals Complete Merger |
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Written by Staff
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Monday, 05 January 2009 |
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Page Memorial Hospital (PMH) in Luray, Va., and Winchester, Va.-based Valley Health in have merged, according to The Daily News Record.
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Two Oklahoma Hospital Emergency Rooms Merge |
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Written by Staff
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Monday, 05 January 2009 |
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SSM Health Care of Oklahoma is combining the emergency rooms at two of its Oklahoma City hospitals, according to published reports.
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Massachusetts Healthcare Programs Want State Bailout Funds |
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Written by Staff
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Monday, 05 January 2009 |
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A coalition of three dozen social service, healthcare, labor and legal groups are asking Massachusetts Gov. Deval Patrick to use part of the federal stimulus package the state will receive late January to support healthcare programs, according to The Boston Globe.
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New Study Finds Outpatient Care is the Fastest Growing Segment of Healthcare |
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Written by Staff
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Monday, 05 January 2009 |
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In a new report on the healthcare economy released by the McKinsey
& Company’s McKinsey Global Institute, the international consulting
firm found that outpatient care was the fastest growing segment of
healthcare spending, rising to $850 billion in 2006, about two-thirds
($436 billion) more than McKinsey analysts expected.
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Medicare and Medicaid Underpayment to Hospitals from 2000-2007 |
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Written by Staff
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Sunday, 04 January 2009 |
Each year, the American Hospital Association (AHA) collects aggregate information on the payments and costs associated Medicare and Medicaid by U.S. hospitals. Here is the national government underpayment for Medicare and Medicaid from 2000-2007 (in billions) at registered community hospitals (the number of which have only changed slightly during this time period, from 4,915 in 2000 to 4,897 in 2007). Underpayment is the difference between the costs incurred and the reimbursement received for delivering care to patients.
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West Florida Hospital Sale Terminated Due to Financial Constraints |
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Written by Staff
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Sunday, 04 January 2009 |
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Hospital Corporation of America (HCA) has called off the sale of its West Florida Hospital in Pensacola to Baptist Health Care (BHC), according to a press release from BHC.
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Massachusetts Health System Closing Hospital Facilities |
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Written by Staff
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Friday, 02 January 2009 |
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Cambridge Health Alliance plans to close facilities and layoff employees, according to the Boston Business Journal.
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Christ Hospital Acquires Clinical Research Center |
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Written by Staff
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Friday, 02 January 2009 |
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The Christ Hospital of Cincinnati has purchased The Lindner Clinical Trial Center, according to a press release from the hospital.
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Illinois Owes at Least $32 million to Peoria Hospitals |
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Written by Staff
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Friday, 02 January 2009 |
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The state of Illinois owes Peoria healthcare providers at least $32 million, mostly in late Medicaid reimbursements, according to the Peoria Journal Star.
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Top 10 Hospital Stories of 2008 |
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Written by Mark Taylor
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Tuesday, 30 December 2008 |
Healthcare observers were split between the November elections and the economic downturn as their choices for the top hospital stories of the years. Both impacted hospitals in multiple ways and will continue to exert influence on hospital finances and operations and access to quality hospital care for years to come.
While the obvious top choices were related to the economy and the elections, laws, regulatory and reimbursement changes, executive turnover and government inaction also impacted hospitals in 2008. Surprisingly, there were no ground-breaking qui tam lawsuits, civil settlements or criminal cases making the list, nor were there any huge healthcare transactions like last year's $5.1 billion purchase of Triad Hospitals by Community Health Systems.
Here are the choices of top healthcare industry leaders for the stories that affected hospitals the most in 2008.
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State Regulators' Decisions Increases Competition Between North Carolina Hospitals |
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Written by Staff
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Tuesday, 30 December 2008 |
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Decisions by the North Carolina Division of Health Service Regulation has increased preexisting competition between two healthcare systems in the state, according to the Winston-Salem Journal.
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Florida Hospital Finishes $4 Million Construction |
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Written by Staff
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Tuesday, 30 December 2008 |
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Florida Hospital Orlando has spent $4 million on renovations to its maternity unit, nurse stations, hallways and suites, according to the Orlando Business Journal.
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News & Analysis
