Healthcare reform will have a long-term negative credit effect on not-for-profit hospitals, even though it will reduce bad debt expenses and charity care, Moody's Investors Service said in a new report.
The cost of hospital services, which grew by 1.1% in March and 8.6% in the last 12 months, almost quadruple the 2.3% increase in the overall Consumer Price Index for the same period, the Bureau of Labor Statistics announced.
U.S. Renal Care, Inc., announced that it has signed a merger agreement to acquire Dialysis Corporation of America, Inc., in a deal that both companies value at approximately $112 million.
A leading primary care physicians association is warning its members that Congress, bogged down by partisan squabbling, may not be able to delay the 21.2% cuts to Medicare reimbursements that go into effect Thursday.
Whistleblower lawsuits and multimillion dollar Medicare fraud settlements involving otherwise reputable hospitals and health systems are becoming standard media fodder on the Department of Justice Web site. As is almost always the case, the accused providers are also...
After a five-month, nationwide search, Karen M. Bell, MD, has been named chair of the Certification Commission for Health Information Technology, effective April 26. Bell, an internist, and most recently the senior vice president of HIT Services at Masspro, replaces...
The theft of 57 hard drives from a BlueCross BlueShield of Tennessee training facility last fall has put at risk the private information of nearly one million customers in at least 32 states, the insurer said week in an investigative update. So far, there has been no...
The American College of Radiology announced it will launch a Breast Magnetic Resonance Imaging Accreditation Program on May 10. It will provide peer-review assessment of facilities' breast MRI services equipment, processes, and the quality of their images.
Atlanta-based Saint Joseph's Health System and Piedmont Healthcare have signed a letter of intent to create a joint operating company serving northern Georgia, the two health systems announced. The JOC would be co-sponsored by the two nonprofit systems, which are...
