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2009 in review: The year of living dangerously

What can a finance publication say about a year like 2009? What, in fact, can we tell you that hasn't robbed you of sleep over the past several months? Little, we suppose, other than that the worst... Read more...

U of Pittsburgh Medical Center posts strong Q1

The University of Pittsburgh Medical Center has posted a strong first quarter for its fiscal year, continuing the facility's return from negatives when its investment funds were sapped during the... Read more...

Hospitals tightening up on labor, service costs

Under intense pressure to lower costs, hospitals are being forced to trim labor and service expenses as a means of survival. While layoffs get most of the press, hospitals aren't just pink-slipping... Read more...

Citibank says hospital sector's health improving

Despite the constant drumbeat of negative news plaguing the hospital sector, it seems that Citibank analysts see more good than bad in the industry's financial position. This week, Citigroup raised... Read more...

Hospital job growth flattens

In an economy like this, even the brightest possible spots end up dulling. That's the case with hospital job growth, which until recently had been one of the few areas of the economy that continued... Read more...

Pharma and devicemaker layoffs may not be related to recession

Big pharma and medical-devicemakers have been announcing layoffs for weeks. With a recession deepening around us and companies from every industry laying off workers in an effort to stay solvent, it... Read more...

Detroit health system plans $60M turnaround

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...