Health System news from FierceHealthFinance
News
Half-measures won't work for healthcare cost controls
If recent reports are to be believed, Maryland hospitals have achieved something of a financial miracle. Leaders there report that rate-setting by the state has actually helped hospitals achieve a... Read more...
Let's face the truth about the public option: For now, it works
Establishing a government-run public health plan to compete with private health plans may be a great idea, or the model may truly be rife with those nasty "unintended consequences" its opponents like... Read more...
Case study: RI hospital sees debt interest rise from 1 to 15 percent
When South County Hospital borrowed $52 million, it was back in the good old days of 2006, before the financial industry saw one of the worst crises since the Great Depression. At the time, the South... Read more...
Geisinger Health plans $300M bond offering
In what could be another sign that the bond market is thawing a bit, Geisinger Health System has announced that it's seeking approval for up to $300 million in tax-exempt bonds. It's all part of a... Read more...
SEC probes accounting problems at West Penn Allegheny hospital
West Penn Allegheny Health System is facing some fallout from its $73 million writedown.The SEC decided to look into the hospital's finances after the system announced that it had overstated its... Read more...
U of IL hospital sending back Mexican immigrant
Recently, we ran an article that stirred up some serious discussion on the subject of how to pay for the care of undocumented, medically-indigent immigrants, and how to handle things when a provider... Read more...
West Penn Allegheny forced to adjust balance sheet
In a red-faced moment which CFOs dread, West Penn Allegheny Health System has said that it will adjust its fiscal 2008 balance sheet after overstating its accounts receivable by about $67 million. ... Read more...
