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St. Jude Medical lowers outlook because of sluggish overseas sales
By Bob Herman | October 18, 2014 | Print Magazine Print Magazine Subscription Details
St. Jude Medical, a prominent manufacturer of heart products and other medical devices, reported sluggish international sales growth in its third quarter, which forced the company to lower its revenue projections for the rest of the year.
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Magazine
Narrow network including Mayo to debut on Minn. exchange
By Bob Herman | October 11, 2014 | Print Magazine Print Magazine Subscription Details
Health insurer Medica is rolling out a new narrow-network plan in Minnesota—an increasingly common option—with the Mayo Clinic as a central enticement to draw in potential enrollees.
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Magazine
Gundersen Health freezes fossil fuel investments
By Bob Herman | October 04, 2014 | Print Magazine Print Magazine Subscription Details
Gundersen Health System, La Crosse, Wis., will freeze all future investments in fossil fuels as part of an energy strategy that executives said will help “set the standard for environmental stewardship in healthcare.”
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Magazine
Cadence's margin thinned before Northwestern merger
Bob Herman | September 27, 2014 | Print Magazine Print Magazine Subscription Details
The operating margin at Cadence Health, Winfield, Ill., narrowed slightly in its fiscal 2014, ended June 30, but the two-hospital system, now part of Northwestern Memorial HealthCare, still tallied healthy metrics overall.
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Magazine
Closure of Indiana proton center seen as sign from insurers
Jaimy Lee | September 20, 2014 | Print Magazine Print Magazine Subscription Details
The Indiana University Health Proton Therapy Center will close in December, marking the first time a proton-beam therapy center in the U.S. has shut its doors since the rapid proliferation of the costly treatment centers began a decade ago.
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Magazine
Fairview's exit from Minn. exchange expected to shake up market
Modern Healthcare | September 20, 2014 | Print Magazine Print Magazine Subscription Details
In a surprising move that will shake up Minnesota's state-run Obamacare exchange, PreferredOne, a large provider-run health plan affiliated with Fairview Health Services, will drop out of the MNsure exchange for 2015, company and state officials announced last week.
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Magazine
Cleveland Clinic 'century' bonds offer permanent capital
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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Magazine
Beaumont Health, Botsford, Oakwook complete merger
Jaimy Lee | September 06, 2014 | Print Magazine Print Magazine Subscription Details
A merger between three health systems in the greater Detroit region—Beaumont Health System, Botsford Health Care and Oakwood Healthcare—has closed, creating a $3.8 billion not-for-profit health system now called Beaumont Health.
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Magazine
Northwestern, Cadence complete their merger
Bob Herman | August 30, 2014 | Print Magazine Print Magazine Subscription Details
Northwestern Memorial HealthCare and Cadence Health have ratified final terms of their merger, creating a Chicago-area health system with nearly $3 billion in annual revenue.
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Magazine
Medicaid expansion would have saved Wisconsin $206 million
Modern Healthcare | August 23, 2014 | Print Magazine Print Magazine Subscription Details
Wisconsin Democrats are keeping the pressure on Republican Gov. Scott Walker to expand Medicaid eligibility with a report that shows the move would save the state hundreds of millions of dollars over the next three years.
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Magazine
Loyola med school in Chicago admits undocumented students, and other news
Modern Healthcare | August 16, 2014 | Print Magazine Print Magazine Subscription Details
Seven undocumented medical students started classes on Aug. 4 at Loyola University Chicago, but the school still is the only one in the state—and possibly the country—to intentionally enroll such students.
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Magazine
Wisconsin health systems partner up, work for ACO
Modern Healthcare | August 09, 2014 | Print Magazine Print Magazine Subscription Details
Six of the most prominent healthcare systems in Wisconsin have created a new partnership, jumping on the nationwide bandwagon of forming strategic alliances to share information while remaining independent.
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Magazine
Ascension creates senior-care division
Modern Healthcare | August 02, 2014 | Print Magazine Print Magazine Subscription Details
To deepen its footprint in the post-acute-care sector, Ascension Health has formed a senior-care division to integrate its extensive post-acute-care services and establish more uniform care standards.
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Magazine
Wis. high court: Whistle-blower law doesn't protect interns
Modern Healthcare | July 26, 2014 | Print Magazine Print Magazine Subscription Details
Wisconsin's law protecting healthcare workers who act as whistle-blowers doesn't apply to unpaid interns, the Wisconsin Supreme Court said last week.
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Magazine
Cook County system's new CEO needs to find savings fast, and other news
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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Magazine
Missouri governor vetoes limits on health navigators
Modern Healthcare | July 12, 2014 | Print Magazine Print Magazine Subscription Details
Missouri Gov. Jay Nixon, a Democrat, vetoed legislation that would have limited who could work in the state as a health insurance guide and blamed a national conservative group for injecting an error into the model legislation.
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Magazine
Presence Health finds buyer for Our Lady of the Resurrection, and other news
Modern Healthcare | July 05, 2014 | Print Magazine Print Magazine Subscription Details
Presence Health has signed a letter of intent to sell Our Lady of the Resurrection Medical Center in Chicago to Community First Healthcare of Illinois.
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Magazine
Beaumont merger creates major Detroit-area system, and other news
Modern Healthcare | June 28, 2014 | Print Magazine Print Magazine Subscription Details
The boards of three southeast Michigan health systems—Beaumont Health System in Royal Oak, Oakwood Healthcare in Dearborn and Botsford Health Care in Farmington Hills—have given the green light to merge, creating a $3.8 billion combined organization.
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Magazine
Alexian Bros., Adventist Midwest form system, and other news
Modern Healthcare | June 21, 2014 | Print Magazine Print Magazine Subscription Details
Alexian Brothers Health System and Adventist Midwest Health signed a letter of intent to form a joint operating company that would oversee nine Chicago-area hospitals, making the combined network the third-largest in Illinois based on the number of hospitals.
FULL STORY »
 

Magazine
Ohio State Wexner affiliates with border health system
Bob Herman | June 14, 2014 | Print Magazine Print Magazine Subscription Details
The Ohio State University Wexner Medical Center in Columbus has signed an affiliation agreement with Ohio Valley Health Services & Education Corp., a two-hospital system based on the Ohio-West Virginia border.
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