Source: Becker’s Hospital CFO Pioneer Community Hospital in Newton, Miss., will not accept any new patients after Dec. 1, according to a WTOK report. In a news release, Pioneer Community Hospital CEO Mark Norman said the hospital’s emergency department will close as of Dec. 1, and the hospital will not accept any new patients after […]
By: Zack Budryk Source: Fierce Health Finance Mergers and acquisitions (M&A) increased among hospitals and health systems in 2013, according to a new analysis by Kaufman Hall. Last year, hospitals and health systems announced 98 new combinations, a 3 percent increase from the previous year and a 51 percent increase from 2010, the analysis found. […]
Source: Experience.com Baby boomers are quickly approaching retirement age, and as they do, there are a number of concerns that need to be addressed, particularly in the area of healthcare. What does this mean for future healthcare professionals? Baby Boomers are people who were born between 1946 and 1964. During this period of time the […]
By: Bob Herman Source: Becker’s Hospital Review David Parmer is what he and many others would call an experienced U.S. hospital system executive. He has been with Baptist Hospitals of Southeast Texas for 22 years, and he currently serves as CEO of health system’s Beaumont campus, a 508-bed community hospital. Over those 22 years, Mr. […]
For Immediate Release People’s Choice Hospital Unveils Revenue Enhancement Consulting Services Specialized consulting services designed to assist hospital clients capture lost revenue and reduce CMS liability (Chicago, IL; February 1, 2013) The People’s Choice Hospital Revenue Enhancement now offers consulting services which directly focus on capturing lost revenue and reducing CMS (Centers for Medicare and […]
Source: Becker’s Hospital Review A recent report from L.E.K. Consulting found that more than 60 percent of hospital executives expect to have higher budgets this year, roughly double the amount from two years ago, but higher budgets do not necessarily lead to easier financial decisions. Bob Lavoie, vice president of L.E.K. Consulting and head of […]
Source: People’s Choice Hospital The People’s Choice HospitalTM group recently announced a nationwide expansion of their healthcare information technology (HIT) consulting services. The goal of such an expansion is to provide hospital clients with time-sensitive Meaningful Use and EHR Certification guidance. As reimbursement deadlines (and related penalty phases) count down, many hospitals have implemented an […]
By: Emily Badger Source: The Atlantic Cities In 1995, Philadelphia had 19 hospitals with obstetric units, places where local women – about half of them on Medicaid – could go for prenatal care and, ultimately, to deliver their babies. Then these hospitals started closing, not one or two as occasionally happens in the life of […]
By: Kelsey Brimmer, Associate Editor HEALTHCARE FINANCE NEWS Rural hospital executives discuss past, present and future struggles and opportunities. Over the past few years and as we move into the future, many rural and critical access hospitals throughout the country have continued to struggle when it comes to rising costs of care and decreased reimbursements, […]
By Jordan Rau KAISER HEALTH NEWS In the fall, the federal government will begin penalizing more than 2,000 hospitals, including dozens in the Philadelphia area, because too many of their patients are being readmitted within a month of being discharged. Together, these hospitals will forfeit about $280 million in Medicare funds over the next year […]