financial metrics news from FierceHealthFinance
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St. Louis hospitals dispute coalition's capacity numbers
The way the St. Louis Business Health Coalition tells it, the region's prosperous hospitals have been engaging in billion-dollar building projects--such as cancer centers, heart hospitals and patient... Read more...
Weighted by free care costs, Henry Ford earnings fall
Henry Ford Health System is actually one of the lucky ones--after all, the not-for-profit made $105.8 million on $3.47 billion in revenue during 2007. The thing is, the health system's earnings are... Read more...
Health plans need new approaches to profitability
Now I get it. To get back their healthy profits--which have taken a serious plunge of late--all U.S. health plans have to do is a) raise premiums and b) lower reimbursements for providers. Easy as... Read more...
S&P to monitor non-profit hospital tech spending
Over the next few years, credit rating firm Standard & Poor's plans to take a much closer look at the extent to which not-for-profit hospitals keep up with their peers in making technology... Read more...
MN governor vetoes medical debt history bill
Minnesota Gov. Tim Pawlenty (R) has vetoed a bill that would have banned healthcare providers from collecting, using... Read more...
West Penn Allegheny Health profit up
Largely due to its success in refinancing debt and boosting investment earnings, Pittsburgh's West Penn Allegheny Health System turned a $6.9 million net profit for the first six months of fiscal... Read more...
Readers share thoughts on not-for-profit ratings
Last week in this space, I said that while I understand why Wall Street ratings firms focus... Read more...
Non-profit finances deserve second look
Looked at one way, it's easy to see why an agency like Moody's would be less than enthusiastic about the financial prospects of not-for-profit hospitals. Just consider what's going on in many... Read more...
Moody's shows little enthusiasm for non-profit hospital finances
It's tough to find there, buried within the careful language, but I think the net of the recent "special comment" from Moody's Investors Services might be that the agency is cautiously... Read more...
HealthSouth gets credit upgrade, but questions remain
For HealthSouth, it looks like a good news/bad news situation in terms of feedback from key financial ratings firm Moody's Investors Service. On one hand, Moody's affirmed the B3 corporate family... Read more...
