charity care news from FierceHealthFinance
News
Back from the brink: N.J. hospital out of bankruptcy
For many hospitals, bankruptcy is the equivalent of a death knell, but there is fresh evidence that restructuring can work. St. Mary's Hospital, the only remaining acute-care hospital in Passaic,... 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...
Study: Most physicians still accepting Medicare patients
While Medicare still isn't a most favored payer, medical practices aren't turning away Medicare beneficiaries in droves. That's one of the main conclusions drawn by new research from the Center for... 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...
Connecticut hospitals cite $718M in community benefit spending
Connecticut hospitals spent $718 million--or 9.4 percent of total hospital revenue--on community benefit programs in 2007, according to a new report from the Connecticut Hospital Association. The... Read more...
Case study: NV hospital collections at 1 percent
Sure, it's tough to collect overdue bills under any circumstances--especially during the kind of economic crisis we've seen over the past couple of years. But even now, collecting less than 1 percent... Read more...
HFMA releases model charity-care policy for non-profits
The Healthcare Financial Management Association has released a model charity-care policy, in a move that is likely to help non-profit hospitals to prepare for tighter IRS scrutiny of their charity... Read more...
Senators ponder varied tax increases, including non-profit hospital tax
Well, hospital executives, this may be it. After years of harassment by Sen. Chuck Grassley and others over the amount of charity care they provide--but virtually no action--Congress may finally take... Read more...
Tenet reports first-quarter profit
Tenet Healthcare has reported a meaningful first-quarter profit, driven by a one-time debt swap gain and higher revenue. This represents a substantial change from just a couple of years ago, when... Read more...
Battle to define community benefits, minimum charity levels continues
While it hasn't gotten a lot of publicity in recent weeks--overshadowed by the birth of the stimulus package, no doubt--the battle to crack down on community benefit measures and minimum spending... Read more...
