Capital Finance
Showing it is forging ahead to build a healthcare network that will eventually not include UPMC, Highmark earlier this week committed $65 million to acquire Erie, Penn.-based St. Vincent's Health System.
According to a PwC Saratoga report on human capital effectiveness in the United States, organizations across a variety of industries, including the hospitals sector, continued to control costs and manage an evolving workforce in 2011. Organizations also experienced increases in turnover and continue to struggle with quality of hire and high performer retention.
Exceeding some Wall Street expectations, Minnetonka, Minn.-based UnitedHealth Group reported third quarter earnings of $1.50 a share and projected 2012 net earnings of $5.20 to $5.55 a share, up from July projections of around $5.
Two of the country's largest Catholic health systems -- Pennsylvania-based Catholic Health East and Michigan-based Trinity Health -- announced Wednesday plans to merge.
It has been nearly 15 years since the Centers for Medicare & Medicaid Services (CMS) iced a controversial rule requiring home health agencies (HHAs) to obtain surety bonds, but a new report by the Office of Inspector General has raised the issue again.
As part of the Medical Group Management Association's (MGMA) annual conference Oct. 21 to 24, industry experts will be presenting 30-minute education sessions on various topics in the Healthcare Innovations Pavilion in the conference exhibit hall.
With over 47 million residents in the U.S. whose primary language isn't English it stands to reason that all hospitals and healthcare clinics will encounter multilingual patients. Increasing state and federal requirements for communicating with limited English speakers have challenged hospital administrators to find cost-effective solutions.
According to a recent study, a majority of hospital and health system merger and acquisition transactions have not been financially successful.
Last week, a panel of skilled nursing facilities (SNFs) experts joined moderator Steve Monroe, managing editor and partner of research and publishing firm, Irving Levin Associates, for a question-and-answer session about buying, selling and valuing SNFs. We share some of the insider tips and perspectives offered during the 90-minute webcast.
While hospitals historically have focused on driving down costs by making improvements in their revenue cycle, nurse productivity and supply chain management efficiency, one area that hasn't received as much attention is the costs associated with the number of assets hospitals own and maintain, said John McCarthy, general manager of asset management professional services at GE Healthcare. McCarthy shares four initiatives to help healthcare organizations reduce overall inventory and drive down costs.