Dr. Eric Topol has been getting a lot of attention lately for his views on the nation's healthcare system. They are not entirely flattering, to say the least.
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By Beth Kutscher and Ashok Selvam
| Print Magazine
Multihospital systems delivered another year of strong revenue growth in 2011 as they deftly navigated a landscape of familiar financial roadblocks.
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For decades, most hospitals have avoided paying taxes under a hazy set of standards without strong public oversight—a state of affairs staunchly supported by hospital lobbyists and executives.
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Healthcare added 32,800 jobs last month, an increase of 0.2%, to bring the industry's total employment to 1.43 million workers, according to new seasonally adjusted figures from the U.S. Bureau of Labor Statistics.
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St. Jude Medical, a St. Paul, Minn.-based medical devicemaker, agreed to pay $3.65 million to settle allegations that it inflated the cost of replacement pacemakers and defibrillators purchased by the Defense and Veterans Affairs Departments. The Justice Department alleged that St. Jude...
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Two free disaster-preparedness Facebook apps went live after winning a challenge sponsored by HHS' Office of the Assistant Secretary for Preparedness and Response earlier this year. Project: Lifeline, which won first prize and $10,000, is a framework for preparing for disaster and establishing...
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Prime Healthcare Services, Ontario, Calif., completed its acquisition of Pampa (Texas) Regional Medical Center in another move that expands its presence beyond California. The for-profit system acquired 83-bed Pampa Regional from Signature Hospital Corp., Houston, which is also a for-profit system.
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Centura Health, Englewood, Colo., said it will explore options for “collaboration and integration” of children's healthcare between its St. Francis Medical Center, Colorado Springs, Colo., and the Rocky Mountain Hospital for Children, which is the pediatric acute-care service line of...
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For decades, most hospitals have avoided paying taxes under a hazy set of standards without strong public oversight—a state of affairs staunchly supported by hospital lobbyists and executives.
FULL STORY »
Senate and House leaders expect to quickly hammer out differences in their respective FDA bills that would add new safety requirements for medical devices and attempt to mitigate drug shortages.
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Members of the American Medical Association House of Delegates are headed for what's likely to be a heated debate over whether to recommend that Medicare and Medicaid transition to “premium support” models.
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Drugmakers were seen as the key group Democrats sought to win over as the White House crafted and pushed through the 2010 healthcare law, according to an investigation by House Republican staff.
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The Heritage Healthcare Innovation Fund, a private equity fund initially financed by five U.S. health systems, has added four new corporate investors and backed two companies in its first 18 months.
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By Beth Kutscher and Ashok Selvam
| Print Magazine
Multihospital systems delivered another year of strong revenue growth in 2011 as they deftly navigated a landscape of familiar financial roadblocks.
FULL STORY »
NORWICH, Conn.—Hartford (Conn.) HealthCare signed a memorandum of understanding to acquire Backus Corp., the parent company of 184-bed William W. Backus Hospital. A definitive agreement for the deal is expected in July, the organizations announced. Hartford and Backus announced a...
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STUART, Fla.—HealthSouth Corp., Birmingham, Ala., and Martin Memorial Health Systems, Stuart, have started construction on a joint project to build a rehabilitation hospital. A groundbreaking ceremony was held May 9 for the facility, which will be on the campus of Martin Hospital...
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ST. JOSEPH, Mo.—Mayo Clinic has expanded its network of local hospitals and systems that collaborate with the Rochester, Minn.-based health system, adding Heartland Health in St. Joseph to its year-old Mayo Clinic Care Network. A news release from Mayo says Heartland Health has for...
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Dr. Eric Topol has been getting a lot of attention lately for his views on the nation's healthcare system. They are not entirely flattering, to say the least.
FULL STORY »
“Perhaps the most vexing challenge the Massachusetts Legislature confronts as it seeks to lower healthcare costs is the disproportionate market power that certain hospital networks ... enjoy by virtue of their prestige, power, and customer appeal. That clout has let those networks enjoy...
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Editor's note: The following is an edited excerpt of a full transcript of an April 24 editorial webcast, “Hospitals Operating Systematically,” conducted by Modern Healthcare. The panelists were Michael...
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Your Special Report regarding the work of hospital engagement networks highlights important efforts under way to meet the ambitious Partnership for Patients initiative's goals of reducing hospital-acquired...
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A list of the nation's 20 largest health insurers, by revenue, based on total major medical net premium earned in 2011. Source: National Association of Insurance Commissioners. Published June 4, 2012, p. 34.
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Health Central, Ocoee, Fla., promoted Greg Ohe to president, effective June 1. Ohe, 52, steps into the role after Orlando (Fla.) Health's $181.3 million takeover of Health Central, which closed April 2. He replaces former President Richard Irwin, who retired March 31, according to an...
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Sometimes when Outliers reads the latest medical technology news, we get a little freaked out. Nanobots that will snake through your body and perform heart surgery? Cells that can perform Boolean logic functions? What's next? Will they shrink a submarine and its crew to microscopic size and...
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Sports are synonymous with the names of corporations being plastered on the marquees of arenas, providing us with such classics as the not-to-be-forgotten Enron Field in Houston, and even Wrigley Field in Chicago. Yes, the baseball shrine/mausoleum is named after the chewing gum company. While to...
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“It frustrates people because there's no correlation between what things cost and what is charged. It changes the game when healthcare's secrets aren't so secret. … The insiders in the healthcare industry don't want to lose control over this information. But price transparency is...
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