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Privatization deal set for LSU hospitals in north Louisiana
By Melinda Deslatte / Associated Press | August 07, 2013
Management of two LSU hospitals in north Louisiana is being turned over to a nonprofit research foundation that has never run a patient care facility, raising concerns about whether it has the experience and the financing needed to oversee the public hospitals.
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HMA offers to consider Glenview's board nominees, but meets opposition
By Beth Kutscher | August 07, 2013 | Basic Web Basic Web Subscription Details
HMA is prepared to invite some of Glenview Capital Management's proposed nominees onto its board of directors, but the hedge fund is rebuffing the offer.
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Ambulance operator Rural/Metro files for bankruptcy
By Rachel Landen | August 06, 2013 | Basic Web Basic Web Subscription Details
Rural/Metro Corp., one of the nation's largest ambulance companies with operations mostly in rural areas in 21 states, has filed for Chapter 11 bankruptcy to restructure its finances and save its business.
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CVS Medicare issues taking longer than planned, profit up
By Reuters | August 06, 2013
CVS Caremark Corp. expects to lose about 10% of patients enrolled in one of its Medicare prescription drug plans because of a government marketing ban but does not expect the decrease to have a significant impact on its long-term results.
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Physician-owned hospitals expand in Dallas-Fort Worth
By Dallas Morning News | August 06, 2013
Physician-owned hospitals in North Texas are finding ways to expand despite being banned from accepting Medicare and Medicaid patients.
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Severity of readmission punishments doubling for hospitals
By Joe Carlson | August 05, 2013 | Basic Web Basic Web Subscription Details
The number of hospitals facing financial penalties for failing to stop patients from returning to the hospital will remain steady next year, but the potential severity of the punishments is doubling.
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Supply chain decisions become more strategic as costs, outcomes are weighed
By Jaimy Lee | August 05, 2013 | Basic Web Basic Web Subscription Details
The hospital supply chain is becoming more strategic and taking a more prominent role in guiding decisions that weigh clinical outcomes against the costs of medical supplies, devices and prescription drugs. But it still has a long way to go.
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Digital Insurance acquires Strategic Employee Benefit Services
By Joseph Conn | August 05, 2013 | Basic Web Basic Web Subscription Details
Digital Insurance, an Atlanta-based online health insurance agency and employee benefits consultancy has announced the acquisition of Strategic Employee Benefit Services, with offices in Wellesley and Springfield, Mass., and Providence, R.I.
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West Penn reports $47.9 million operating loss
By Pittsburgh Post-Gazette | August 02, 2013
West Penn Allegheny Health System posted a $47.9 million operating loss for its fourth quarter ended June 30, a new state filing shows.
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Cerner seeks tax breaks for corporate office
By Joseph Conn | August 02, 2013 | Basic Web Basic Web Subscription Details
Health information technology systems developer Cerner Corp. went mall shopping for another corporate office complex, but is waiting on tax breaks from local government before it goes through with the deal.
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