The board of newly formed Legacy Hospital Partners includes some well-connected current and former not-for-profit healthcare insiders. Among Legacy’s directors: the chief executive officers of Sentara Healthcare and Texas Health Resources and...
In 2008, analysts expect for-profit chains to take a back seat to not-for-profits, as the credit crunch that began with subprime mortgages ripples through healthcare. With less credit making private equity firms less active, the startup for-profit...
Fitch Ratings downgraded bond insurer Ambac Financial Group by two notches to AA from AAA. The ratings remain on rating watch negative and follow Ambac’s decision to suspend efforts to raise $1 billion in capital. Fitch placed Ambac on rating watch...
An economic stimulus package being framed by White House advisers and congressional leaders could include a provision to temporarily increase Medicaid payments to states as a way to cover a potential boost in enrollment brought on by a sluggish...
A federal appeals court overturned the convictions of two former Rhode Island hospital executives accused of giving a state senator a job in exchange for pursuing the hospital’s interests.
The board of newly formed Legacy Hospital Partners includes some well-connected current and former not-for-profit healthcare insiders. Among Legacy’s directors: the chief executive officers of Sentara Healthcare and Texas Health Resources and...
A surge in hospital service prices in the last quarter of 2007 could be worrisome, especially with an overall economic recession now on everyone’s mind.
Two new advisory opinions that HHS’ inspector general’s office published last week add to an increasingly clear road map of the right and wrong ways that hospitals and physicians can share cost savings without getting into trouble for kickbacks or...
Healthcare providers are skeptical that the Bush administration and Congress will be able to drum up a viable funding source to pay for a fix to Medicare’s physician formula, one of HHS’ goals for the year.
Three former healthcare professionals turned Democratic lawmakers are forming a congressional task force with the intent of pushing through previously stuck legislation. Their agenda is heavy with information technology provisions, preventive-care...
Last week’s announcement about two Milwaukee health systems creating an organization together spotlights joint operating agreements, which experts have described as complicated deals that typically do not top the list of preferred healthcare...
Swedish Covenant Hospital, Chicago, rehired a former president and chief executive officer to fill a new role as chief science officer. James McCormick will direct research into the ways the healing process is affected by all facets of the hospital...
Barry Freedman, president and chief executive officer of Albert Einstein Healthcare Network, Philadelphia, was named to the board of for-profit group purchasing organization Managed Health Care Associates, a company that may compete with Albert...
Earlier this month, the embattled bill to extend funding of Medicare and other federally sponsored health insurance programs finally became law. Stripped from the bill’s final version, however, was a provision that would have required imaging...
In 2008, analysts expect for-profit chains to take a back seat to not-for-profits, as the credit crunch that began with subprime mortgages ripples through healthcare. With less credit making private equity firms less active, the startup for-profit...
As we move deeper into an election year, the talk about healthcare reform no doubt will intensify. One thing you can also be sure of is that Americans will be castigated for their unhealthy habits.
Your recent cover story (“Profitable complications,” Dec. 17, 2007, p. 6) and editorial (“The start of something big,” Dec. 24/31, 2007) leave an impression that the men and women who are front-line caregivers in America’s hospitals are not...
In the midst of the housing boom, policymakers and consumers viewed subprime mortgages as innovations that would help more families achieve the American dream of home ownership. Unfortunately, when the boom became a bubble, many found themselves...
John Sideras, 51, stepped down as president and CEO of MetroHealth System in Cleveland. His departure stems from the board’s annual review of the system’s leadership model, according to a MetroHealth news release. In lieu of the president and...
When HHS’ inspector general’s office asked the Lincoln (Neb.) Surgical Hospital for its staffing schedule for November 2006, the seven-bed physician-owned hospital complied. Staff sent everything over that was requested. But in so doing, it wound up...
