MAGNOLIA, Ark.-The board of commissioners of Magnolia Hospital has turned over management of the facility to Sisters of Charity of the Incarnate Word Healthcare System, Houston. The 70-bed hospital's name remains the same, and employees will keep their jobs. Bill Hedden, Magnolia administrator for 40 years, will continue in his position until he retires this summer. At that time the board of commissioners and Sisters of Charity will choose a new administrator. "We want to emphasize to our patients and employees that they won't notice any changes to the hospital, except in the enhancement of management services that Sisters of Charity will provide," Hedden said. Magnolia is 55 miles east of Texarkana. It lies within the service area of St. Michael Health Care Center, a Sisters of Charity hospital in Texarkana, Texas.
RALEIGH, N.C.-Two of the three largest HMOs serving the Raleigh area lost money last year, and a third reported reduced earnings as a result of increased competition and rising costs. Kaiser Foundation Health Plan of North Carolina lost about $16 million last year, its report to the state Department of Insurance showed. It has about 131,000 enrollees in the state. Personal Care Plan, an HMO operated by Blue Cross and Blue Shield of North Carolina, lost $17 million, its report said. The HMO serves 223,000 state residents. Healthsource North Carolina meanwhile reported earnings of $5 million in 1996, a 48% drop from 1995. Healthsource, which has 212,000 enrollees, is being acquired by Cigna. Nearly two dozen HMOs now operate in the state.