The former CFO of Tustin Hospital and Medical Center in Los Angeles has pleaded guilty to paying illegal kickbacks for patients recruited from the city's "Skid Row" area, the U.S. Attorneys Office in Los Angeles has announced.
The theft of 57 hard drives from a BlueCross BlueShield of Tennessee training facility last fall has put at risk the private information of approximately 521,761 customers in at least 32 states, the insurer said this week in an investigative update. Of those customers...
Hospital patients, their families, and visitors may be stealing about $52 million in property each year from hospital rooms, including towels, linens, TV remotes, surgical scrubs, and even telephones, according to figures extrapolated from a recent survey.
Shareholders of pharmaceutical and healthcare consultants IMS Health have approved the previously announced acquisition by TPG Capital, LP, and the CPP Investment Board, in a deal valued at $5.2 billion, IMS Health announced.
Adventist Health has signed an agreement with the Frank R. Howard Foundation to build a new, 25-bed community hospital in Willits, CA. Adventist Health will continue to lease the existing hospital from the foundation while funding construction of the hospital in Willits...
News that St. Mary's Hospital in Passaic, NJ, was emerging from bankruptcy after declaring about $100 million in debts last March provides an example of what can happen when unions and management work together.
Budget proposals from the White House to reduce tax deductions for charitable donations and freeze discretionary spending will harm fundraising for nonprofit hospitals, said the Association for Healthcare Philanthropy. The move will stop wealthy donors from giving to...
The healthcare sector created 14,500 new jobs in January and overall employment from all business sectors fell by 20,000 jobs, even as the unemployment rate fell from 10% to 9.7%, new Bureau of Labor Statistics preliminary data show.
An Illinois law that caps medical malpractice noneconomic damages awards at $1 million for hospitals and $500,000 for physicians was struck down by the Illinois Supreme Court, which ruled that the five-year-old law violates the separation of powers provision in the state...
St. Mary's Hospital in Passaic, NJ, says its reorganization plan was confirmed this week by a federal bankruptcy judge. St. Mary's, a 292-bed nonprofit acute care hospital that is sponsored by the Sisters of Charity of Saint Elizabeth, is the first hospital to emerge from...
