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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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News
LifePoint, not-for-profit Va. system to create joint venture
By Rachel Landen | September 04, 2013 | Basic Web Basic Web Subscription Details
Fauquier Health, a Warrenton, Va.-based not-for-profit health system, and LifePoint Hospitals in Brentwood, Tenn., have signed an agreement to create a joint venture in which the two will own and operate Fauquier Health.
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News
Reform Update: ACO contracts may slow spending, but quality may not improve, says study
By Melanie Evans | August 28, 2013 | Basic Web Basic Web Subscription Details
As accountable care organizations proliferate, a new study suggests that overall health spending may slow when hospitals and medical groups agree to the new payment model with even one insurer. That's good news for proponents of accountable care, who hope to see a change in healthcare financing...
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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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Magazine
AHA sees surplus | Association reports 11.3% increase in fiscal 2012
By Ashok Selvam | August 17, 2013 | Print Magazine Print Magazine Subscription Details
The American Hospital Association posted an $8.7 million surplus in fiscal 2012, thanks in part to increased member activity coming from uncertainty surrounding the Patient Protection and Affordable Care Act, officials from the trade group said Thursday.
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Information
The rise of the 'quantified self' in healthcare
By Wall Street Journal | August 16, 2013
The recession, healthcare reforms and other pressures have put the squeeze on emerging companies offering traditional medical technologies like pharmaceuticals and medical devices. But wearable gadgets and health-tracking services–which collect data from the user, and are a major part of...
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Modern Physician
Calif. hospital skirts non-compete rule, hires neonatologist
By Joe Carlson | August 14, 2013
A California arbitrator has ruled that a public hospital could legally hire a neonatologist who was banned by a “non-compete” agreement from working at the medical center because such restrictions are contrary to public policy in California.
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News
2012 may have been 'high water mark' for hospital finances, Fitch says
By Melanie Evans | August 13, 2013 | Basic Web Basic Web Subscription Details
The operating performance of not-for-profit hospitals and health systems rated by Fitch Ratings improved in 2012. But last year may be the “high water mark” for hospital finances.
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News
Why one Medicare Pioneer ACO failed to save money
By Melanie Evans | July 16, 2013 | Basic Web Basic Web Subscription Details
Atrius Health is one of nearly two dozen ACOs that agreed to stick with Medicare's test of the promising but unproven model. Atrius also saw a financial loss during the experiment's first year.
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Magazine
Design by committee | Deadline looms for long-term care proposals
By Jessica Zigmond | July 12, 2013 | Print Magazine Print Magazine Subscription Details
Asking 15 experts to solve a $200 billion-plus problem that has stymied federal lawmakers for decades seems challenging enough. Add to that task a deadline of less than three months, a bitterly divided Congress and a battle-weary administration.
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