When a company wins the prestigious Malcolm Baldrige National Quality Award, the company’s typical reaction is celebratory. The company, its executives and its employees revel in the fact that the federal government has bestowed upon it the highest...
The Federal Trade Commission charged several groups representing more than 2,900 Chicago-area physicians with price fixing and refusing to deal with certain health plans except on collectively determined terms. According to the FTC complaint, the...
When a company wins the prestigious Malcolm Baldrige National Quality Award, the company’s typical reaction is celebratory. The company, its executives and its employees revel in the fact that the federal government has bestowed upon it the highest...
Doctors ranked No. 2 on hospital chief executive officers’ list of most significant challenges for 2006, ousting the nation’s chronic shortage of healthcare workers from CEOs’ top three concerns for the first time in the American College of...
Consolidation continued to reshape Michigan’s managed-care industry last month as two of the state’s largest healthcare systems prepared to sell off their health plans after more than 20 years in the insurance business.
The already highly concentrated market shared by pharmacy benefit managers could consolidate into two powerhouses if Caremark Rx yields to Express Scripts’ hostile takeover bid of $26 billion.
In Horizon Health Corp., Psychiatric Solutions is acquiring a company that took a bit of a tumble after aggressively expanding into psychiatric hospitals during the past three years. Franklin, Tenn.-based Psychiatric Solutions contends that it won’t...
President Bush signed into law late last month legislation aimed at preventing data-security breaches at the Veterans Affairs Department, ironically considered by many to be the model of information technology adoption in healthcare.
Inspired by Massachusetts’ groundbreaking universal health insurance plan, key organizations in New York have begun to separately conceptualize their own plans.
UnitedHealth Group said the Securities and Exchange Commission has launched a formal investigation into its historical stock-option granting practices. In its latest SEC filing, the nation’s second-largest health insurer said it was notified of the...
Modern Healthcare’s 17th annual Information Technology survey is now available. This invitation-only survey analyzes the opinions of senior healthcare executives to understand the benefits of implementing new IT systems and sharing data.
Hospitals are generally not big risk-takers when it comes to investing, and they probably shouldn’t be. But they also shouldn’t be so consumed by worry over the next financial catastrophe that it paralyzes them completely.
The hospital building boom has taken on a slightly different meaning for Harris Methodist Fort Worth (Texas) Hospital, which recently unveiled what officials describe as the first privately owned, inflatable surge hospital in the U.S.
SANTA FE, N.M.—St. Vincent Regional Medical Center began construction in early December on a $12 million project to expand the 190-bed not-for-profit community hospital’s emergency department by more than 20,000 square feet. Expected to open...
JOHNSON CITY, Tenn.—Mountain States Health Alliance said that Tennessee regulators granted it three certificates of need that will lead to the building of a $122 million, 80-bed replacement hospital and the addition of 64 beds at its flagship...
WAUKESHA, Wis.—ProHealth Care and Centerre Healthcare, St. Louis, announced a joint venture to build a 40-bed rehabilitation hospital in Waukesha County. ProHealth’s 15-bed rehabilitation unit at 326-bed Waukesha Memorial Hospital cannot meet...
There’s a scene in Animal House when Otter’s solution to a confrontation with Dean Wormer is to throw a toga party. Hoover, Delta House president, at first rejects the idea. Otter and Bluto then whip their fellow fraternity brothers into a...
Regarding your coverage of University General Hospital Systems’ new plan for a boutique hospital chain (“Betting big on doc ownership,” Dec. 11, p. 6): In my nearly 40 years of operations in hospitals, I have seen a number of announcements regarding...
With the new year upon us, many of us will resolve to start doing something better, or at least to stop doing something detrimental to our well-being. With apologies to Jonathan Swift, here is my modest proposal: Cultivate a better attitude toward...
Christopher Lloyd, COO for Memorial Hermann-Texas Medical Center and Children’s Memorial Hermann Hospital, Houston, has been named system executive for the neuroscience service line, officials announced. Lloyd, 42, also will direct the...
For physicians, the sudden spurt of specialty hospitals over the past few years seemed to be just what the doctor ordered. Offering high-margin services such as cardiac care and orthopedic surgery, these specialty hospitals were widely touted as a...
At a recent board meeting, the Chicago Health Executives Forum—a chapter of the American College of Healthcare Executives—dethroned its president-elect, physician Ogan Gurel. Or did it?