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Stung by the troubled Michigan economy, one of metro Detroit's most successful health systems has announced a $60M turnaround plan. The plan, announced this week by Beaumont Hospitals, includes... Read more...
As we've been reporting over the past several months, the bond market has been beyond ugly for many hospitals, some of which saw auction-rate bond rates shoot up disastrously during the recent crisis... Read more...
In theory, the tsunami of financial problems that's hit Wall Street in recent weeks is enough to scare anyone, even in a business like healthcare that enjoys steady demand. But if a recent analysis... Read more...
Standard & Poor's has taken a meat-axe to the credit ratings of not-for-profit hospitals of late. During the first six months of 2008, credit downgrades for non-profit hospitals and health... Read more...
Following a trend emerging in recent years across the country, New Jersey has enacted a law capping hospital prices for low- and middle-income uninsured patients. The new law is one of four bills... Read more...
While the dramatic problems the financial industry has faced have had a big impact on healthcare borrowing--including both bank loans and bond issues--it doesn't seem to have changed the way health... Read more...
A new report by PricewaterhouseCoopers has concluded that it's not only the U.S. that is struggling with its healthcare finance system. The report, by PwC's Health Research Institute, found that... Read more...
As with any healthcare conference, expect plenty of talk at HFMA ANI to focus on relationships with physicians. Unfortunately, as we all know, rules governing physician relationships change with the... Read more...
At this year's show, expect to see a lot of vendors pitching technologies and services designed to help you manage collections for the self-pay patient. It's telling, for example, that Read more...