Melanie Evans March 02, 2009 Demand for better-run and safer hospitals has heightened oversight of a group more used to watching over others than being watched: hospital trustees. ... FULL STORY
Vince Galloro March 02, 2009 Over the past five decades, investor-owned hospitals have carved out a significant niche in an industry still dominated by not-for-profit providers.Sprawling for-profit companies compete vigorously in the acute-care, rehabilitation, psychiatric and long-term acute-care hospital sectors. ... FULL STORY
Dave Burda March 02, 2009 As you read this, special-interest groups are crawling over each other in our nation’s capital to grab their share of federal bailout money, using the current economic crisis as justification. ... FULL STORY
March 02, 2009 Wellmont Health System, Kingsport, Tenn., said Michael Snow will be its third president and chief executive officer. Snow, 54, has been the system’s interim president and CEO since July 2008. In June 2008, Richard Salluzzo resigned as president and CEO of Wellmont to take the same posts at Cape Cod... ... FULL STORY
March 02, 2009 Denis Cortese, president and chief executive officer of the Mayo Clinic, Rochester, Minn., will retire in November, and a search committee process started to select his successor in May, according to Karl Oestreich, a spokesman for the system. Cortese, who turned 65 Feb. 27, had previously... ... FULL STORY
March 02, 2009 Iowa Gov. Chet Culver and state legislators are feuding with the management of several dozen hospitals in the state in a dispute over whether a 1% bump in Medicaid funding approved last year was properly passed on to Iowa’s 12,000 nurses. The increase amounted to about $2.9 million in combined... ... FULL STORY
March 02, 2009 In a victory for physician-owned hospitals, a state court in Arkansas ordered an injunction against an economic credentialing policy adopted by five-hospital Baptist Health denying privileges to physicians who hold an ownership interest in competing hospitals. The decision contrasts with a federal... ... FULL STORY
March 02, 2009 A group of Catholic and non-Catholic hospitals in upstate New York announced plans to merge and create a secular parent organization. Officials for Troy-based Northeast Health and St. Peter’s Health Care Services in Albany announced an agreement to enter formal negotiations that would lead to an... ... FULL STORY
Melanie Evans March 02, 2009 Demand for better-run and safer hospitals has heightened oversight of a group more used to watching over others than being watched: hospital trustees. ... FULL STORY
Melanie Evans March 02, 2009 Strapped healthcare borrowers are still finding limited alternatives for raising cash necessary to invest in the sector’s capital-heavy operations. But options are still out there. Tight credit continues to leave debt more... ... FULL STORY
Vince Galloro March 02, 2009 Over the past five decades, investor-owned hospitals have carved out a significant niche in an industry still dominated by not-for-profit providers.Sprawling for-profit companies compete vigorously in the acute-care, rehabilitation, psychiatric and long-term acute-care hospital sectors. ... FULL STORY
March 02, 2009 WEST BLOOMFIELD, Mich.—On March 15, Henry Ford Health System plans to open Henry Ford West Bloomfield Hospital, its seventh hospital and the first new one the system has built since Henry Ford Hospital (now with 768 beds) opened in Detroit in 1915. The $360 million West Bloomfield facility... ... FULL STORY
March 02, 2009 ALBANY, N.Y.—A new comparative analysis of 19 states shows that New York’s Medicaid program spends the most on long-term healthcare, but delivers only average or slightly above average quality. The study was conducted by the Nelson A. Rockefeller Institute of Government, a nonpartisan... ... FULL STORY
March 02, 2009 Several hundred residents, emergency medical-service providers and trauma survivors appeared at a rally to support funding for a statewide trauma network in Georgia. The Feb. 23 rally, dubbed Trauma Day, was the latest in a series of efforts by advocates to bolster emergency spending in... ... FULL STORY
March 02, 2009 MOLOKAI, Hawaii—The only hospital on the tiny Hawaiian island of Molokai, Molokai General Hospital, has undergone an extensive makeover. The $16.5 million renovation and expansion project, completed in January, will allow the island’s 7,000 residents to receive more services locally. The... ... FULL STORY
Dave Burda March 02, 2009 As you read this, special-interest groups are crawling over each other in our nation’s capital to grab their share of federal bailout money, using the current economic crisis as justification. ... FULL STORY
Chip Kahn March 02, 2009 If there were any questions about whether there is a new day in Washington, they were put to rest last week when President Barack Obama, through his budget proposal, redefined the landscape across the entire federal government—most particularly with healthcare—by calling for and funding a $634... ... FULL STORY
March 02, 2009 Covenant Health claims to have saved $697,000 with a spam-blocking program that cost $87,000 (“A head start in technology,” Modern Healthcare CEO IT Achievement Awards, Feb. 16, p. C7). The amount of the savings is calculated from the assumption that employees would have spent five seconds erasing... ... FULL STORY
Catherine Jacobson March 02, 2009 The municipal-bond market, the traditional source for not-for-profit hospital capital, has experienced historic and fundamental changes over the past 12 months. These changes have required providers to revise their approaches to the market in order to raise debt. ... FULL STORY
March 02, 2009 A list of the nation's largest for-profit hospital chains, ranked by operating revenue from the most recent CMS Medicare hospital cost report. Source: Thomson Reuters. Published March 2, 2009.This list includes the following data points: ... FULL STORY
March 02, 2009 Fledgling artists and home-video aficionados apparently aren’t the only ones who see the twinkle of opportunity in YouTube’s cyberspace universe. A number of medical products companies are now posting content on the Google-owned, video-sharing Web site in hopes of reaching a more targeted audience... ... FULL STORY
March 02, 2009 Can you name what the University of Pittsburgh Medical Center and other healthcare providers have in common with AIG, Exxon Mobil Corp. and Halliburton Co., or such celebrities as Don King, Lee Iacocca and Paris Hilton? And no, it’s not Kevin Bacon. ... FULL STORY
March 02, 2009 From free Pap smears at a Minneapolis clinic to mortgage assistance through a charity in Wichita, Kan., minibailouts are awaiting recently laid-off workers to help ease the shock of losing a job. ... FULL STORY
March 02, 2009 “We can’t afford a cheapest-at-best approach to medicine. Cheapest in the short run is not necessarily the best value for patients over the long term.” ... FULL STORY
