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HMA gets legal, financial advice on CHS takeover offer
By Beth Kutscher | September 25, 2013 | Basic Web Basic Web Subscription Details
Health Management Associates' newly elected board of directors has retained new financial and legal advisers to evaluate the $3.9 billion takeover offer from Community Health Systems. And a new filing with the Securities and Exchange Commission reveals that HMA previously engaged in merger talks...
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Envision Healthcare poised to benefit from reform, analysts say
By Beth Kutscher | September 23, 2013 | Basic Web Basic Web Subscription Details
Envision Healthcare Holdings has emerged from the quiet period following last month's initial public offering, and analysts initiating coverage on the Greenwood, Colo.-based company have a lot to say—all of it good.
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Information
Miss. hospital launches sale process
By Associated Press | September 22, 2013
Natchez (Miss.) Regional Medical Center will seek a "stalking horse" bid in which a potential buyer makes an initial offer to set the floor for an auction.
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UPMC not worried about losing patients in wake of Highmark-West Penn deal
By Beth Kutscher | September 20, 2013 | Basic Web Basic Web Subscription Details
The UPMC health system is expressing confidence that it won't be seriously wounded in the battle to hold onto patients in the aftermath of the Highmark-West Penn Allegheny merger.
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Reform Update: Focus shifts to Senate after House passes spending bill that defunds ACA
By Jessica Zigmond | September 20, 2013 | Basic Web Basic Web Subscription Details
All eyes now shift to the U.S. Senate after the House of Representatives on Friday approved a short-term spending bill that would keep the government operating after Sept. 30 and also includes an amendment to defund the Patient Protection and Affordable Care Act.
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Cleveland Clinic, CHS look toward Michigan
By Beth Kutscher | September 19, 2013 | Basic Web Basic Web Subscription Details
The Cleveland Clinic and Community Health Systems are looking to expand the reach of their joint alliance into Michigan—with a deal that would offer each system its first foothold in the state.
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Reform Update: Health spending for 2013 will be sluggish but will pick up in 2014
By Melanie Evans | September 18, 2013 | Basic Web Basic Web Subscription Details
Health spending in the U.S. continued to rise at a historically low rate last year and will remain weak this year as the economy continues to drag, blockbuster drugs go off patent and households are responsible for a growing share of medical bills, federal projections show.
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Medical prices rising at slowest rate in 50 years
By Wall Street Journal | September 18, 2013
Medical prices are rising at their slowest pace in a half century, a shift that could provide relief to government and businesses' budgets while consumers are left with a larger share of the bill.
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HMA names interim CFO after Curry steps down
By Beth Kutscher | September 17, 2013 | Basic Web Basic Web Subscription Details
Health Management Associates has installed an interim CFO after current Executive Vice President and CFO Kelly Curry agreed to step down late last week.
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News
Rulon Stacey to join Fairview Health Services as president, CEO
By Melanie Evans | September 17, 2013 | Basic Web Basic Web Subscription Details
Fairview Health Services, Minneapolis, announced that Rulon Stacey will succeed Mark Eustis, who retired at the system's president and CEO more than a year ago as Fairview faced inquiries into its billing and collection practices.
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