Not-for-profit hospitals operate in a system that expects them to provide benefits to the community, without necessarily requiring it.
Dartmouth-Hitchcock Health and Elliot Health System, both in New Hampshire, announced Friday that they had decided to end their latest round of discussions, which began in May 2016. The two systems engaged in talks for most of 2015.
Community Health System CEO Wayne Smith and CFO Larry Cash attained just 13% and 15%, respectively, of their financial and operating targets in 2016.
Indiana University Health, a 14-hospital system in Indianapolis, pruned its hospital portfolio as it prepares for a $1 billion construction project at one of its downtown health campuses.
Select Medical, one of the nation's largest operators of specialty hospitals and outpatient rehabilitation clinics, is hoping its rapid expansion into new markets will pay off in 2017. Start-up costs dragged down earnings last year.
Neosho Memorial tasks every staff member with taking care of patients.
Sequel Youth and Family Services, a growing behavioral health provider, is set to become a public company in April upon completion of its sale to Global Partner Acquisition Corp. GPAC liked Sequel for its clinical programs and growth track record in a burgeoning healthcare segment.
Hospitals that provided the most care to uninsured patients in New York City received the least in state reimbursements for providing such care, new research shows.