bad debt news from FierceHealthFinance
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Despite some stability in healthcare industry, pressures remain
The healthcare industry is once again starting to show signs of stability after several topsy-turvy years, said Martin Arrick, managing director of corporate and government ratings for the... Read more...
Community Health Systems stock garners investor interest
Franklin, Tenn.-based hospital giant Community Health Systems (CHS) Inc. is a high-conviction stock at Snow Capital Management L.P., according to Nathan Snyder, chief operating officer of the... Read more...
Bad accounting creates financial crisis at Fla. health system
Jackson Health System in Miami stunned its governing board with the announcement that the public hospital system's loss for fiscal year (FY) 2009 ended Sept. 30 was $203.8 million--roughly four times... Read more...
Miami public hospital's financial picture getting worse
While some health systems were slowly, painfully beginning to regain their footing as 2009 drew to a close, they may be the lucky ones. In the case of one badly-needed public health system serving... Read more...
Unpaid hospital bills stacked up in 2008
By Emily Paulsen and Dan Bowman Uncompensated care totaled $36.4 billion on 2008, an increase of 7.1 percent from 2007, according to a new report from the American Hospital Association. However, the... Read more...
HCA net income climbs dramatically for Q3 '09
HCA reported third-quarter 2009 income of $196 million last week, more than doubling the $86 million in income it posted in the prior year during the same period. It's an impressive increase made... Read more...
Hospital stock prices improving, but will they keep it up?
Over the past several weeks, hospital stocks have begun a rally, with investors hopeful that hospitals will be buoyed by an influx of newly-insured persons under health reform bills brewing on the... Read more...
Moody's rates HCA's planned $750M debt offering at Ba3
Moody's Investors Service has assigned a Ba3 rating to HCA's planned $750 million offering of first lien senior secured notes, putting the hospital chain's offering in speculative-grade territory... Read more...
Doctors still mystified by what patients owe
These days, there's lots of talk about how real-time claims adjudication--or even claims estimates--will help doctors determine, on the spots, how much patients owe above and beyond their co-pay. In... Read more...
CT hospital group pulls a fast one on community benefits
OK, let me get this straight--and see if I can keep a straight face: Even if hospitals use only a tiny fraction of their revenues to directly subsidize care for poor people, they're still saintly... Read more...
