Another round of OH hospital mergers?
Akron-based Summa Health System said Wednesday that it is exploring a partnership with a larger, nonprofit health system as it prepares for changes in the way hospitals will be reimbursed by federal and commercial insurers. Summa, which has 11,000 employees at eight owned or affiliated hospitals, is one of the largest health systems in Northeast Ohio with $1.6 billion in revenue. Ideally, Strauss said, a partner would help the system better serve patients and prepare for the health industry shift from being paid for each individual service provided to reimbursement based on the kind of care given.
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Don't Let Nurses Sink Your Bottom Line
- Fortunately, Angelina Jolie Isn't On Medicare
- How Chargemaster Data May Affect Hospital Revenue
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Primary Care Docs Average More Hospital Revenue Than Specialists
- ED Physicians Key to Half of Hospital Admissions
- Uncompensated Care Faces a Double Hit in Some States
- Hospital Pricing Transparency a Marketing Game Changer