profit hospital news from FierceHealthFinance
News
Bad debt expense drops at for-profits for Q1 '08, Fitch says
Well, in a season of battered markets, here's some welcome good news. According to Fitch Ratings' For-Profit Hospital Industry Quarterly Diagnosis, bad debt levels actually fell among for-profit... Read more...
Tenet Healthcare offers patients ability to pay bills online
For-profit hospital chain Tenet Healthcare has begun offering patients at its hospitals the ability to pay their bills online. To access the online payment system, patients treated at any of its 53... 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...
MI hospital defaults on bonds, discusses selloff
Things have gotten ugly for financial managers at North Oakland Medical Center. The 178-bed hospital, which is based in Pontiac, MI, defaulted on $38.5 million in bonds issued by the Pontiac... Read more...
SPOTLIGHT: For-profits see rising uncompensated care numbers
According to a new analysis, for-profit hospitals are struggling to deal with uncompensated care, too. While the for-profit hospital sector has cut the percentage of uncompensated care it delivers... Read more...
ALSO NOTED: Moody's downgrades UHS; Baby boomer wave drives up value of healthcare properties; and much more...
> As baby boomers age, they're likely to drive a steep rise in the value of healthcare properties, according to a new report. 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...
