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News
Hospitals increasingly outsourcing investment officer duties, Commonfund says
By Beth Kutscher | September 06, 2013 | Basic Web Basic Web Subscription Details
Healthcare organizations are increasingly outsourcing the role of “chief investment officer” as providers are faced with managing multiple asset pools in a tough economic environment.
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Information
Vanguard 2013 net income improves by 8%; analyst cautions investors about merger with Tenet
By Jay Greene, Crain's Detroit Business | August 21, 2013
Vanguard Health Systems, the Nashville-based parent of Detroit Medical Center, increased shareholder net income 8 percent to $61.9 million in fiscal year 2013. The increase represented 75 cents per share in the fiscal year ended June 30, an increase from $57.3 million, or 71 cents per share, for...
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News
For-profit revenue rises despite admissions dip: Fitch
By Beth Kutscher | September 18, 2012 | Basic Web Basic Web Subscription Details
Weak patient volume continued to plague for-profit systems in the second quarter of the year, and the challenging operating environment is expected to persist, according to a Fitch Ratings report.
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News
IT top financial priority at not-for-profit hospitals: survey
By Beth Kutscher | May 17, 2012 | Basic Web Basic Web Subscription Details
Capital spending, particularly on information technology, is expected to remain stable or even increase over the next five years at not-for-profit hospitals, according to a Fitch Ratings survey.
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Melanie Evans Of Interest Blog
An insurer branches out into venture capital
April 16, 2012
Mutual interest between private equity and the healthcare industry has produced some headline-grabbing deals in recent years: Oak Hill Capital Partners' joint venture with Ascension Health Alliance, the largest U.S. Catholic health system; venture funds launched by large health systems, including...
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News
Mayo Clinic Jacksonville making move into Georgia
By Beth Kutscher | March 01, 2012 | Basic Web Basic Web Subscription Details
Mayo Clinic Jacksonville (Fla.) will establish its first presence in Georgia with a deal to acquire Satilla Health Services, Waycross.
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Melanie Evans Of Interest Blog
Small ACOs to get a head start
December 01, 2011
Small accountable care organizations that hope to obtain an advance on future Medicare revenue will get an early look next month at the application, a few weeks before its release.
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Melanie Evans Of Interest Blog
It's no secret: They are cool to ACOs
May 20, 2011
It's May in New York, so I wandered over to the yearly Non-Profit Health Care Investor Conference put on by the Healthcare Financial Management Association, the American Hospital Association and Citigroup.
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