News

Hospitals will likely reallocate their investment portfolios in order to provide capital stability and build cash reserves in 2010, says a new report on not-for-profit healthcare systems.

The Mayo Clinic is responsible for $22 billion in healthcare spending nationwide, according to a study conducted by the Battelle Memorial Institute.

Like everywhere, Detroit has been hit hard by this recession - only much, much worse.

While health insurance reform is stalled on Capitol Hill, Department of Health and Human Services (HHS) Secretary Kathleen Sebelius is taking matters into her own hands.

Union Hospital in Terre Haute, Ind., has deployed enterprise asset tracking to better manage its equipment resources, including maintenance, storage and deployment.

The U.S. Department of Labor has released more than $225 million in healthcare and high growth training grants funded by the American Recovery and Reinvestment Act of 2009.

The president of the Minnesota Hospital Association said Monday that the state budget proposed by Gov. Tim Pawlenty would, if passed, harm Minnesota hospitals and unravel the state's healthcare safety net.

Officials at Oakland, Calif.-based Kaiser Permanente reported that the healthcare system's net income for 2009 was $2.1 billion, representing a significant jump over 2008's net loss of $794 million.

Preferred Health Technology, Inc., headquartered in Carrollton, Texas, has announced that the American Academy of Urgent Care Medicine has begun a sponsorship of the company’s A-Claim medical payment solutions that includes discounts for all AAUCM members.

St. Vincent's Hospital Manhattan began laying off more than 300 workers last week in an attempt to avert a complete shutdown.