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.
Links between community hospitals and cancer centers can lead to better care and a better bottom line. Many regard these relationships as necessary to preserve quality and expand access to state-of-the-art oncology care.
In the wake of unexpected losses and a cash crunch in the third quarter, Adeptus Health CEO Tom Hall is retiring sooner than expected to make way for board director Gregory Scott to take the helm on an interim basis, Adeptus said Tuesday. Scott is the former co-president of Universal American Corp.
Henry Ford Health System has signed a contract with Pearl Human Care Private Ltd., an India-based company, to provide medical technology and related medical services to a planned 400-bed hospital in Tamil Nadu.
Thomas Hall, CEO of Adeptus Health, announced Wednesday he will retire by mid-2017 or when a replacement is selected.
The Froedtert & the Medical College of Wisconsin system is trying to boost its cardiovascular program by partnering with the Cleveland Clinic.
The Cleveland Clinic and Select Medical have proposed building two 60-bed inpatient rehabilitation facilities for Northeast Ohio.
Cancer treatment provider 21st Century Oncology will settle with the federal government to end a dispute related to its radiation therapy testing, a company spokeswoman confirmed Thursday. It's the company's second settlement in three months.
Select Medical agreed to pay $400 million to purchase Physiotherapy Associates Holdings in a merger of rehab giants. The cash deal is expected to close by the second quarter following successful antitrust clearance by the government, Select Medical said Monday.
Behavioral-health disorders have a significant effect on hospital readmissions. But many hospitals have yet to give them sufficient attention, even as they strive to develop better care-coordination plans for other chronic conditions.
Medicare payment changes are likely to affect how rehabilitation providers serve patients.
Children's Hospital of Philadelphia saw a rise in total revenue in fiscal 2015, but higher expenses cut into those gains.