The Internal Revenue Service issues its first-ever favorable tax opinion on the creation of an integrated delivery system, which consolidated a for-profit hospital and group practice into a not-for-profit network.
Columbia Hospital Corp. merges with Galen Health Care and announces merger with HCA-Hospital Corporation of America.
The national Blue Cross and Blue Shield Association adopts stricter financial guidelines for its member plans after a series of embarrassing disclosures of financial mismanagement at some plans.
FBI agents raid National Medical Enterprises' headquarters as part of a growing investigation of the chain's psychiatric hospital business.
Steven Hoffenberg, chairman of Towers Financial Corp., a hospital receivables firm, comes under scrutiny from the Securities and Exchange Commission regarding his offer to buy the New York Post.
Charter Medical Corp. ousts its founder and chief executive officer, William Fickling Jr.
Hospital profit margins could fall to zero in the next five years because of reform-driven market changes, says a report from Sanford C. Bernstein, a New York investment banking company.
Medicaid managed-care plans have improved access for beneficiaries, but there's no proof the plans save money, according to a General Accounting Office report.
Cell infusion therapy emerges as an easier and less expensive way to repair immune systems damaged by cancer therapies.
The pace of hospital purchasing of magnetic resonance imaging equipment is slowing, says a report from Comdisco Medical Equipment Group.
COVER STORY Sept. 27, 1993
President Clinton fires the official starting gun for his nationwide campaign for healthcare reform with a prime-time address to a joint session of Congress. In the speech, the Democratic president outlined the broad themes of his healthcare reform plan and appealed for bipartisan cooperation. The speech skirted the most controversial details of the plan, focusing instead on the six major principles of reform that will serve as rallying points for the administration's high-profile promotion of its healthcare proposal.
-Larry Mathis, president and CEO of Methodist Hospital in Houston, in a deposition taken by the Texas attorney general's office when asked if it was his position that there's no difference between for-profit and not-for-profit hospitals in terms of charitable purpose