Healthcare Finance Staff
New Jersey hospitals could lose $97 million in federal funds next year and more than $500 million over the next five years under new Medicare payment rules proposed to take effect in October, according to an analysis by the New Jersey Hospital Association.
NewsMaker Interview with Steve Lanning, director of Emergency Services for Conway Medical in Conway, S.C.
At a time when national banks are loath to lend, borrowers are turning to a recently-created financing option that lets smaller local banks participate in debt structures usually available only from much larger institutions.
Healthcare providers are not immune to the current economic conditions that affect most industries. Providers must accommodate dwindling profit margins by constantly managing costs, and as a result, physician practices are being forced to reexamine their processes in hopes of finding ways to do more with less.
The Centers for Medicare & Medicaid Services has released proposed rules updating payment policies for hospital outpatient departments and ambulatory surgery centers in calendar year 2010.
Our Lady of Lourdes Medical Center in Camden, N.J., closed its inpatient pediatric unit this week, primarily due to under-use of the nine-bed unit.
Wake Forest University Baptist Medical Center has named Edward G. Chadwick its executive vice president for finance and chief financial officer, a new position created as part of a reorganization that began two years ago.
Palm Bay Community Hospital has opened a new 127,000-square-foot, $75 million expansion that doubles the size of the facility.
Concuity, based in Vernon Hills, Ill., has announced that Providence Health & Services has expanded its contract with the company to provide the ClearContracts software-as-a-service revenue management solution to four more facilities.
The St. Joseph Mercy Health System plans to cut 350 full-time jobs from four hospitals in Michigan as it faces a severe budget deficit.