Richard Pizzi
An organization promoting best practices in the healthcare group purchasing industry has launched two initiatives to increase transparency and strengthen oversight in an industry some have criticized for its perceived secrecy.
Community Health Systems, Inc., the largest publicly traded hospital company in the United States, has acquired the Marion Regional Healthcare System in Marion, S.C., including 124-bed Marion Regional Hospital.
The Centers for Medicare & Medicaid Services has issued a proposed rule imposing a 0.25 percentage point reduction to the fee schedule increase factor for outpatient hospital services.
A Chicago community hospital threatened with closure two years ago has made a financial comeback, even after separating from a major nonprofit health system.
Torrance Memorial Medical Center in Torrance, Calif., has signed a deal for self-pay accounts receivable management services with Irvine, Calif.-based Cymetrix.
Employment in the U.S. healthcare sector continued its steady climb, increasing by approximately 9,300 jobs in June. The industry has gained 217,000 jobs over the past year.
Health Management Associates, Inc., has acquired a 60 percent controlling interest in three Shands HealthCare hospitals in Florida: Shands Lake Shore in Lake City, Shands Live Oak in Live Oak and Shands Starke in Starke.
The Centers for Medicare & Medicaid Services plans to work with providers to address concerns about enrollment in Medicare's Provider Enrollment, Chain and Ownership System.
New Jersey hospitals provided $2.6 billion in benefits beyond healthcare services to their communities in 2009, according to a new report from the New Jersey Hospital Association.
Capella Healthcare, which operates 13 community hospitals in the United States, has completed a public debt financing transaction worth $500 million.