Minnesota-based Mayo Clinic has announced that it plans an outpost at the Mall of America as the mall expands into a second phase. Mayo officials said they haven't decided what services the site will offer, but said they could include diagnostic screenings, wellness counseling and other services that might direct patients to the home campus in Rochester. At a news conference, Mayo executives said they plan to spend the next 12 months deciding the nature of the facility and the size of their investment.
Employers who offer health insurance coverage could see a 9% cost increase next year, and their workers may face an even bigger hit, according to a report from consulting firm PricewaterhouseCoopers.
Costs will rise in part because workers worried about losing their jobs are using their healthcare more while they still have it, the firm said in the report. The report also said rising unemployment is driving up medical costs.
Ira Korman and his management team at the Texas Hospital for Advanced Medicine have stumbled upon a business model as vendors are eager to offer deep discounts, flexible payment plans, and immediate delivery of exclusive hospital equipment not yet available to others. Korman started a $12 million fundraising campaign for the Farmers Branch, TX, hospital based on that success.
One of three downtown Nashville buildings could be home to a new medical trade center planned by a Dallas-based company. Market Center Management Co. also is seeking to use space in the existing and proposed Nashville Convention Center for healthcare trade shows, seminars, and continuing education programs that it hopes to bring to the city, said Bill Winsor, its chief executive.
The former co-owner and board chairman of City of Angels Medical Center has pleaded guilty to paying illegal kickbacks for patient referrals. Robert Bourseau, 74, admitted in U.S. District Court to paying illegal kickbacks as part of a scheme to defraud Medicare and Medi-Cal by recruiting homeless people from Los Angeles' skid row.
Bourseau is the fourth person to plead guilty in a widespread scheme to exploit those living on the streets for their medical benefits.
Salem, IN-based Washington County Memorial Hospital has filed for Chapter 11 bankruptcy but will continue to operate as it reorganizes its finances. The hospital's operator, Critical Access Health Services Corp., said in a statement that it will pursue an agreement for St. Vincent Health or another company to operate the hospital. St. Vincent will provide management services during the reorganization, according to the statement.