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HealthSouth's Jay Grinney retiring after 12 years as president, CEO

HealthSouth's Jay Grinney retiring after 12 years as president, CEO

By Maria Castellucci  |  October 29, 2016

Jay Grinney will retire from HealthSouth Dec. 31 after 12 years as president and CEO of the company. Chief Operating Officer Mark Tarr will succeed Grinney at the publicly traded company, which has expanded rapidly in recent years and now operates post-acute facilities and services in 34 states.

Joint ventures fuel HealthSouth expansion drive

By Dave Barkholz  |  July 19, 2016

HealthSouth Corp. is looking to build its first rehabilitation hospital in North Carolina through a joint venture with Novant Health, a Winston-Salem-based network of physician clinics, hospitals and outpatient locations.

Under construction: Risk-based reimbursement

Under construction: Risk-based reimbursement

By Dave Barkholz  |  June 18, 2016

The CMS says it's well on its way to dragging hospital systems into the brave new world of risk-based contracting. The systems say, not really.

Hedge fund boss pares back healthcare investments

Hedge fund boss pares back healthcare investments

By Bob Herman  |  May 21, 2016

Just three years ago, billionaire hedge fund manager Larry Robbins fought tooth and nail for Community Health Systems' $7.6 billion takeover of Health Management Associates. Now he has lost faith in that massive hospital deal—and in the healthcare sector more broadly.

Patient quality playing bigger role in for-profit exec bonuses

By Dave Barkholz  |  April 16, 2016

Executives recruited into the C-suites of for-profit healthcare companies can expect their bonuses and at-risk compensation to be increasingly pegged to performance on patient quality, safety and satisfaction, experts say.

Medicare bundles? No big deal for Kindred and HealthSouth

By Melanie Evans  |  January 13, 2016

Leaders of two big companies in rehabilitation, nursing home and home healthcare services say aren't worried about the financial impact of Medicare's efforts to target their sector for savings. That may surprise federal officials, who hope bundled payment initiatives will save money for the...

Q&A: 'We can provide almost unlimited amounts of capital' to help health systems grow

Q&A: 'We can provide almost unlimited amounts of capital' to help health systems grow

By Modern Healthcare  |  October 17, 2015

Debra Cafaro, CEO of Chicago-based Ventas, one of the country's largest healthcare-focused real estate investment trusts, discusses the strategy behind the recent acquisition of acute-care provider Ardent Medical Services, Ventas' plans for expansion and the outlook for the healthcare REIT sector.

Post-acute providers adapt to reform

Post-acute providers adapt to reform

By Michael Sandler  |  October 17, 2015

Post-acute-care providers are adjusting their business plans to better navigate the changing terrain created by the Affordable Care Act, as reduced payment rates and consolidation pressure their industry.

HCA, still No. 1 in revenue, bides time on big deals

By Michael Sandler  |  April 18, 2015

HCA once again leveraged its sheer size and organic growth strategy to maintain its position as the largest for-profit hospital chain in the country, according to Modern Healthcare's latest By the Numbers list.

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