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NYU's Langone pulls out of deal at site of failed Brooklyn hospital
By Jaimy Lee | September 19, 2014 | Basic Web Basic Web Subscription Details
NYU Langone Medical Center, a large Manhattan-based academic medical center, has withdrawn its offer to operate the emergency department at the former site of the Long Island College Hospital, the latest chapter in an ongoing operational saga for the Brooklyn facility.
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News
Reform Update: Exit of PreferredOne from MNsure raises practical and political questions
By Paul Demko | September 19, 2014 | Basic Web Basic Web Subscription Details
PreferredOne was one of the biggest surprises of Obamacare's first open-enrollment period. The plan captured 59% of enrollments through Minnesota's exchange. But on Tuesday, PreferredOne delivered a new surprise: It's pulling out of the MNsure marketplace.
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News
CPI for hospitals unchanged in August, up 4.1% year-to-year
By Melanie Evans | September 18, 2014 | Basic Web Basic Web Subscription Details
Inpatient hospital prices were flat and outpatient hospital prices declined 0.3% last month, the latest figures from the U.S. Bureau of Labor Statistics' Consumer Price Index show. Overall, hospital prices were unchanged in August.
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News
New Anthem network makes business case for HMO-ACO hybrid
By Bob Herman | September 17, 2014 | Basic Web Basic Web Subscription Details
Anthem Blue Cross Vivity, the newly announced joint venture among WellPoint subsidiary Anthem and seven prominent Southern California providers, will blend both the past and future as its planned HMO-like structure also looks to implement elements found in today's accountable care organizations.
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News
Wake Forest, WakeMed, Vidant form non-ownership alliance
By Beth Kutscher | September 17, 2014 | Basic Web Basic Web Subscription Details
Three health systems in North Carolina have formed a non-ownership alliance that will allow them to share back-office functions while still maintaining their independence.
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News
Privia Health secures $400 million for national expansion
By Beth Kutscher | September 16, 2014 | Basic Web Basic Web Subscription Details
Privia Health, which provides practice-management tools to independent physician practices, has secured $400 million in new funding that will allow it to launch a nationwide expansion strategy.
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News
UPMC issuing $400 million in bonds to fund ongoing projects
By Beth Kutscher | September 15, 2014 | Basic Web Basic Web Subscription Details
UPMC plans to sell $400 million in two series of fixed-rate bonds that will refinance existing debt and provide $150 million in new capital. Pricing is expected Wednesday and the offering will close Oct. 1.
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Magazine
Congressional action needed to address mental-health crisis, and other letters
By Modern Healthcare | September 13, 2014 | Print Magazine Print Magazine Subscription Details
As the CEO of a community hospital in North Carolina, I and my staff are challenged professionally, ethically and emotionally by the dire plight of mental-health patients in our community.
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Magazine
Advocate, NorthShore merger continues trend toward regional supersystems
By Bob Herman | September 13, 2014 | Print Magazine Print Magazine Subscription Details
The merger between Advocate Health Care and NorthShore University HealthSystem creating a $7 billion academic-suburban behemoth reinforces the growing national trend of large, financially stable hospital systems realigning as regional mega-systems.
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Magazine
Cleveland Clinic 'century' bonds offer permanent capital
By Beth Kutscher | September 13, 2014 | Print Magazine Print Magazine Subscription Details
The Cleveland Clinic will become the first not-for-profit health system to finance its long-term projects with bonds that don't mature for 100 years.
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