By Vince Galloro |
March 22, 2010
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Print Magazine Subscription The tornado that ripped through Greensburg, Kan., on May 4, 2007, devastated more than just bricks and mortar, such as Kiowa County Memorial Hospital. It also tore apart the healthcare provider community in the town, said Mary Sweet, the hospital's administrator. So the challenge wasn't only to rebuild a hospital, but also a provider community, she said. FULL STORY »
March 22, 2010
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Print Magazine Subscription URBANA, Ill.—Carle Foundation Hospital is poised to pay $250 million to acquire Carle Clinic Association, a practice with about 340 physicians and a subsidiary health plan with 320,000 enrollees, Health Alliance Medical Plan. The Illinois Health Facilities and Services Review Board granted a certificate of need this month for the deal, which is targeted to close April 1. The 279-bed hospital said in its filings with the board that the purchase would be funded with an $82.8 million bond issue and a promissory note for the balance. Health Alliance would continue to operate as a... FULL STORY »
March 15, 2010
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Print Magazine Subscription Rush University Medical Center agreed to pay $1.5 million to resolve allegations that the 681-bed teaching hospital entered into prohibited lease arrangements for office space provided to two physicians and three practices, the U.S. Justice Department announced. FULL STORY »
By Gregg Blesch |
March 08, 2010
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Print Magazine Subscription The remaining members of the Health Alliance of Greater Cincinnati have reached a memorandum of understanding that leaves the University of Cincinnati as the alliance's sole member and guides an orderly divvying up of shared assets. FULL STORY »
By Gregg Blesch |
March 08, 2010
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Print Magazine Subscription Leaders of Methodist Hospitals, based in Gary, Ind., are heralding signs that their rescue efforts have paid off. FULL STORY »
March 08, 2010
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Print Magazine Subscription CLEVELAND—The Cleveland Clinic is planning to spend $848 million on capital projects in 2010, President and CEO Delos “Toby” Cosgrove told employees in his “State of the Clinic” address, according to a summary provided by the system. Much of the investment will go toward the renovation of inpatient and outpatient space on the Cleveland campus that was vacated with the openings last year of a new heart pavilion and urological and kidney tower. The work started in 2008 and is scheduled to be completed by the end of 2010, Cosgrove said. While noting that the... FULL STORY »
February 15, 2010
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Print Magazine Subscription ST. LOUIS—Success Healthcare, Boca Raton, Fla., said it will consolidate most of the inpatient services at its two St. Louis hospitals at one site to stem financial losses by cutting its workforce by a quarter. Success plans to apply with the state of Missouri for a single license covering both hospitals in order to put both sites under a single management team and board, according to Success. The hospitals expect to receive $24 million less from the state in reimbursements for the two state fiscal years that begin July 1, spokeswoman Janet Conners said. Uncompensated-care cost... FULL STORY »
February 08, 2010
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Print Magazine Subscription TOPEKA, Kan.—Kansas hospitals employed more than 68,000 people in 2009, or about 3.8% of the state’s employment, with a total payroll of about $3.8 billion, according to an economic report released by the Kansas Hospital Association. Hospitals also generated $132 million in sales tax, according to the report, compiled by researchers from the Office of Local Government of Kansas State University Research and Extension. Broadly defined, healthcare employed more than 200,000 Kansans in 2009, or 10.8% of the workforce. FULL STORY »
December 14, 2009
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Basic Web Registration ELGIN, Ill.—Sherman Hospital plans to open a 255-bed replacement hospital Dec. 15 that includes a 15-acre geothermal lake designed to save the hospital $1 million a year in energy costs. Last week Sherman held a gala celebration at the new facility and the following day said goodbye to the old one with employees, physicians and volunteers ringing bells as they walked around the campus. The new $325 million project has been under construction since summer 2006 about five miles from the site where Sherman was founded in 1888. Building the lake was 13% more expensive than installing... FULL STORY »
November 23, 2009
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Basic Web Registration CHICAGO—Rush University Medical Center opened a new five-story orthopedic building to patients last week. The 200,000-square-foot structure, part of the 681-bed hospital's broader plan to modernize its campus near the city's downtown, includes 60 examination rooms, six X-ray suites, an imaging center, physical and occupational therapy facilities, orthotic and prosthetic services, and the research laboratories of the orthopedic surgery department. Rush is seeking silver certification under the Leadership in Energy and Environmental Design program for the $75 million building,... FULL STORY »
By Gregg Blesch |
November 23, 2009
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Basic Web Registration The Indiana Hospital Association is criticizing the state’s decision to cut Medicaid payments to its members by 5% to adjust for revenue shortfalls. FULL STORY »
By Joe Carlson |
October 26, 2009
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Basic Web Registration Less than a week after abruptly losing its CEO, not-for-profit Alegent Health in Omaha, Neb., has accepted the resignations of its executive vice president, its chief medical officer and two other executives. FULL STORY »
October 26, 2009
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Basic Web Registration CHICAGO—The county-run healthcare system in the Chicago area is notifying 335 employees they will lose their jobs as part of a comprehensive effort to balance staffing with services. The cuts, which also include the elimination of nearly 700 vacant positions, are guided by a review conducted by Navigant Consulting. One phase is taking place in fiscal 2009, which ends Nov. 30, with a second round planned for 2010. The reductions ultimately are expected to save Cook County Health & Hospitals System $60 million a year. The requested fiscal 2010 budget is $887 million. “This is... FULL STORY »
October 19, 2009
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Basic Web Registration EVERGREEN PARK, Ill.—The board of directors of 294-bed Little Company of Mary Hospital voted to move forward with plans to build a new pavilion that will be the centerpiece of plan to modernize the campus just southwest of Chicago. The nine-story addition is designed to include 96 private patient rooms and a women's health center to include labor and delivery suites. The Catholic hospital was established nearly 80 years ago, and the plan also calls for significant renovation of space in an existing pavilion and for the original X-shaped tower to be demolished, making room for... FULL STORY »
September 21, 2009
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Basic Web Registration LANSING, Mich.—Blue Care Network of Michigan, Southfield, struck a deal to acquire the membership of Physicians Health Plan of Mid-Michigan from Sparrow Health System, Lansing. Mid-Michigan was founded in 1980 as an HMO and now has 80,000 members, including 18,000 in Medicaid managed care. The transaction, the terms of which were not disclosed, requires approval from the Michigan Office of Financial and Insurance Regulation and the Michigan Community Health Department. Sparrow President and CEO Dennis Swan said in a news release that the deal would “strengthen our ability... FULL STORY »
By Vince Galloro |
August 31, 2009
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Basic Web Registration What a local community group couldn’t negotiate from Catholic Health Initiatives, Kansas Attorney General Steve Six will try to win in court. FULL STORY »
August 31, 2009
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Basic Web Registration MILWAUKEE—Patients looking for a natural refuge during their hospital stays at 733-bed Aurora St. Luke’s Medical Center can now visit the hospital’s all-season rooftop healing garden. The $4.9 million project includes the outdoor Vince Lombardi Charitable Funds Healing Garden and the indoor Agnes and Morland Hamilton Healing Conservatory. Nearly one-third of the 14,000-square-foot garden is enclosed in the conservatory for year-round use during Milwaukee’s cold winter months. The project was built entirely with donated funds atop the eighth floor of the... FULL STORY »
August 17, 2009
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Basic Web Registration FALLS CITY, Neb.—The new Community Medical Center is set to open this November. Construction began April 20, 2008, on the $22 million, 58,000-square-foot facility that replaces a 25-bed facility originally built in 1918. The new facility is being built on a 70-acre property on the north edge of town and has room for expansion, spokeswoman Linda Santo said. It will have 24 patient rooms, family medicine and specialty clinics, a surgical center, plus labor and delivery rooms and maternity suites. The original building, which was once known as Our Lady of Perpetual Help Hospital... FULL STORY »
May 18, 2009
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Basic Web Registration JOPLIN, Mo.—Sisters of Mercy Health System, Chesterfield, Mo., and Catholic Health Initiatives, Denver, said earlier this month that they have signed a letter of intent to explore the sale of CHI’s 357-bed St. John’s Regional Medical Center, Joplin, to Sisters of Mercy. No terms were disclosed. The Roman Catholic systems plan to conduct due diligence while negotiating a definitive agreement over the next several months. The sponsorship transfer also is subject to regulatory approvals. St. John’s is CHI’s only hospital in Missouri, among the 60 in its portfolio. Sisters of Mercy... FULL STORY »
