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News
Osteopathic association votes for advanced billing estimates for patients
By Andis Robeznieks | July 21, 2014 | Basic Web Basic Web Subscription Details
The American Osteopathic Association is advocating for hospitals and other healthcare facilities to give patients an advance estimate of what their total costs will be for scheduled procedures. The association also wants that estimate to include whether ancillary fees for laboratory, imaging and...
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Vital Signs
Bottom-line ACA gains starting to show in hospital financials, Zacks says
By John N. Frank | July 21, 2014
Happy days are here, financially, for hospitals thanks to the Patient Protection and Affordable Care Act, says Zacks Investment research in a recent blog post.
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News
Tufts improves finances in third quarter by managing expenses
By Beth Kutscher | July 21, 2014 | Basic Web Basic Web Subscription Details
Tufts Medical Center improved its financial performance in the third quarter of its fiscal year thanks to higher outpatient volume and tightly managing its expenses, the Boston-based hospital reported.
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Information
Indiana healthcare system announces staff cuts
By Associated Press | July 20, 2014
A healthcare system that includes a Terre Haute, Ind., hospital says it will cut 150 jobs by the end of the year.
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Magazine
Analysts speculate about Gentiva's mystery bidder
By Bob Herman | July 19, 2014 | Print Magazine Print Magazine Subscription Details
Gentiva Health Services, the object of unwanted advances to buy a portion of its stock by Louisville, Ky.-based Kindred Healthcare, announced Thursday it had found an unnamed white-knight bidder willing to pay $17.25 per share, or roughly $635 million, for all of Gentiva.
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Magazine
New CEO faces multiple challenges in stabilizing Accretive Health
By Bob Herman | July 19, 2014 | Print Magazine Print Magazine Subscription Details
In August 2011, Accretive Health was riding high in the healthcare business world. Shares of the Chicago-based revenue-cycle management company hit a high, trading at more than $30. But the company's fortunes have changed in the past three years.
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Magazine
Tax reform fears driving Big Pharma mergers
By Beth Kutscher | July 19, 2014 | Print Magazine Print Magazine Subscription Details
The rumblings that corporate tax reform will close favorable loopholes for pharmaceutical and biotechnology companies are getting louder, fueling a rush of high-dollar cross-border deals.
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Magazine
Healthcare winners and losers in tax reform
By Merrill Goozner, Editor | July 19, 2014 | Print Magazine Print Magazine Subscription Details
One can only hope the spate of tax-motivated mergers in the pharmaceutical and medical-device industries finally will motivate Congress to reform the corporate tax code—a long-sought goal of the business community.
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Magazine
HCA gets bigger boost than expected from reform
By Beth Kutscher | July 19, 2014 | Print Magazine Print Magazine Subscription Details
HCA, the country's largest for-profit hospital chain by revenue, previewed strong second-quarter results last week, highlighting a 12.2% increase in income before taxes. It also raised its financial guidance for the year.
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Magazine
Cook County system's new CEO needs to find savings fast, and other news
By Modern Healthcare | July 19, 2014 | Print Magazine Print Magazine Subscription Details
Dr. John Jay Shannon was promoted to CEO at Cook County (Ill.) Health and Hospitals System in late June, and he already has been told to find $67 million in savings in four months.
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