Investor-Owned news and information

News
For-profits expected to withstand Medicare cut

By Beth Kutscher | March 06, 2013 | Basic Web

Investor-owned hospital chains are expected to weather the impact of a 2% Medicare payment cut and other reimbursement pressures, according to credit rating agencies, which maintained a stable outlook on the sector.
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Tavenner details insurance-exchange preparations

By Jessica Zigmond | March 05, 2013 | Basic Web

Addressing executives of the nation's investor-owned hospitals, acting CMS Administrator Marilyn Tavenner on Tuesday explained how the CMS will spend 2013 preparing for the health insurance exchanges set to begin next year—and how hospitals can engage in those efforts.
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Campbell elected chairman of FAH

By Rachel Landen | March 04, 2013 | Basic Web

The Federation of American Hospitals has elected Victor Campbell to a one-year term as chairman, effective immediately.
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HHS lets Fla. proceed with managed-care push

By Beth Kutscher | February 20, 2013 | Basic Web

The state of Florida won a second victory from HHS that will help the state introduce a statewide Medicaid managed-care program.
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Prime Healthcare to buy two Kansas hospitals

By Ashok Selvam | January 31, 2013 | Basic Web

Prime Healthcare Services has reached an agreement to buy two Catholic hospitals in Kansas from SCL Health System.
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Reform brightens for-profit outlook; chains see share prices surge

By Beth Kutscher | January 27, 2013 | Basic Web

Despite worries about a storm of reimbursement cuts expected to rain on all sectors of the healthcare industry, shares of for-profit hospital operators remained buoyant in the early weeks of 2013.
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Video Feature: Hospital M&A activity increases in 2012

By Modern Healthcare | January 26, 2013

Reporter Paul Barr recaps the highlights of Modern Healthcare's 19th Annual Mergers and Acquisitions Report. Joint venture deals continued to be popular in 2012, while not-for-profit hospitals and systems were big buyers and sellers.
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Judge orders HCA to pay foundation $162 million

By Joe Carlson | January 24, 2013 | Basic Web

A judge has ordered HCA to pay a charitable foundation $162 million and undergo extensive auditing after finding HCA broke key agreements in its purchase of hospitals from Health Midwest in 2002.
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High court quashes hospitals' hopes of recouping underpayments

By Joe Carlson | January 22, 2013 | Basic Web

In a unanimous, decision the U.S. Supreme Court on Tuesday dismissed hospitals' and health systems' hopes of recouping millions in Medicare underpayments made between 1987 and 1994.
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Hall of Famer Pat Groner dies at 91 | GPO founder remembered as an innovator

By Ashok Selvam | December 17, 2012 | Basic Web

Pat Groner, a co-founder of the group purchasing organization Voluntary Hospitals of America and the original CEO of a company that would become four-hospital Baptist Health Care Corp., Pensacola, Fla., died Friday of complications from Alzheimer's disease.
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