Most Popular Stories
- Bill opposing health insurance mandate signed by Idaho governor
- Employed physicians' paychecks reflect a fraction of what they earn for hospitals
- Medical societies cheer over flaws found in physician rating programs
- To pass health reform, Democrats ready to enact 'Slaughter rule'
- Botched radiation treatments lead to fine for VA
- Competitor hospitals form joint cardiology physician practice
Featured Jobs
-
Corp. Dir. Clinical Research Job for TN
StaffPointe, LLC - Nashville, TN -
Nurse Mgr/Bariatric/Ortho Surg Job in TX
StaffPointe, LLC - San Antonio, TX -
RN - BSN - TRN - Travel Nurse
Prime Staffing - Monroe, MI -
Noninvasive Cardiologist Job in Tennessee
StaffPointe, LLC - near Nashville, TN -
Orthopedic Surgeon Job in Virginia
StaffPointe, LLC - southwest, VA
Events
- Web & ACTION: Effective Crisis Management of Serious Clinical Events
March 31, 2010 - AIIM Expo + Conference
April 20-22, 2010 — Philadelphia, PA - 2nd Annual Summit HITECH & HIPAA Compliance
March 25-26 — Washington, DC - mScholar Virtual Study PMP Exam Prep for Project Managers
April 22
Paid Research Reports
- Genomics, Proteomics and Metabolomics in Diagnostics: Market landscape, innovative technologies and future outlook
- Healthcare Regulatory Update: The United Arab Emirates
- Point of Care Testing: Evaluating the return to evidence based medicine, novel technologies and the competitive landscape
- Pipeline and Commercial Insight: Supportive Care in Oncology
- Mapping the Healthcare Landscape Bringing pharmaceuticals into focus
- The Gastrointestinal Market Outlook To 2014: Market dynamics, competitive landscape, emerging therapies
HOT TOPICS >> ARRA | Recovery Audit Contractors | Women in Health IT | Collections | Bond Ratings | Charity Care
Free Newsletter
FierceHealthFinance is a weekly healthcare finance update for health executives, IT managers, and financial managers. Join fellow industry insiders who get FierceHealthFinance via email for their must know healthcare finance news. Sign up today!
About | View Sample | Privacy
Latest News
Popular Topics
Whitepapers
- Can a National Healthcare Information Network Work?
- The State of Pay-for-Performance: Frost & Sullivan whitepaper
- Whitepaper: Health Reform - The Debate Goes Public
- Enterprise Security for the Healthcare Industry – Assuring Regulatory Compliance, ePHI Protection and Secure Healthcare Delivery
- Disaster Preparedness: Wireless Communication in Hospital Disaster Preparedness and Recovery
- EMR Return on Investment: Improving Efficiency and Quality with an Electronic
Despite some '09 recovery, New Jersey hospitals still struggling
While the economy seems to be easing, New Jersey hospitals are still struggling, according to a new survey released by the state's hospital trade group.
The study, by the New Jersey Hospital Association, concludes that almost half (43 percent) of the state's acute care hospitals have laid off employees. Forty-eight percent eliminated vacant positions last year, researchers concluded. They did this in the wake of major financial stresses; 82 percent, for example, saw an increase in charity care patients last year. Also, every hospital said it saw a decline in fund raising and philanthropy revenue.
Other signs of continued economic stress included the following:
* One out of three of the state's hospitals froze employee wages in 2009.
* About one-quarter of New Jersey hospitals implemented a hiring freeze last year.
* About one-quarter of the state's hospitals cut service in 2009--including pediatric inpatient services and behavioral health services--up from 17 percent in 2008.
There were a few bright posts in the report, however. About 61 percent of facilities said hospital use climbed in 2009, and 67 percent saw growth in elective procedures.
To learn more about the study:
- read this New Jersey Hospital Association press release
Related Articles:
New Jersey hospitals in trouble, trade group says
NJ law caps hospital prices for uninsured
NJ hospitals going under as state bailout cash ends
Related Stories
- HCA net income climbs dramatically for Q3 '09
- Recession forces more patients to compare healthcare costs
- U of California approves $3.1M in incentives to senior managers
- What issues will impact hospitals long-term?
- Stats show no end in sight for Medicaid enrollment growth
- Some hospitals see positives in recession
- Membership drains plague top U.S. health plans
- Gainsharing program employed by 12 NJ hospitals
- Dogged by investment losses, RI hospitals lose money in 2008
- Hospital CEOs: Reform savings goals doable with lean, Six Sigma, Toyota methods
Comments
Post new comment
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site Map | List in Marketplace | Supplier MarketplaceTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe | FierceCable© 2010 FierceMarkets. All rights reserved. |
![]() |





