profit hospitals news from FierceHealthFinance
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A modest proposal: Non-profits, for-profit hospitals meet in the middle
OK, I'm still working this out in my head here, so there will probably be a few flaws, but let's see how this sounds to y'all. Right now, as we try to figure out how to pay for care for everyone in... Read more...
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...
AHA says IRS form 990, Schedule H need revision
The American Hospital Association has filed a letter with the IRS arguing that the agency could do more to accommodate small, cash-strapped institutions in its instructions for filling out Form 990... 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...
Tenet sees $31 million loss for Q1
Dogged by expenses from lawsuits, Tenet Healthcare announced a $31 million first-quarter loss. Tenet reported a net loss of $31 million for the first quarter of this year, compared with a profit of... Read more...
Trend: Hospitals requiring upfront cash payments before treatment
Of late, a growing number of hospitals have been insisting on cash payments before they offer high-ticket services to non-emergency patients if they're not sure they'll get paid. While such... 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...
Crisis may change tax-exempt bond rating system
With public-finance markets in turmoil, and auction-rate bond interest rates spiking to unheard-of levels, officials are starting to pay attention to the way agencies evaluate bonds. Traditionally,... Read more...
Not-for-profit financial successes raise questions
According to a December 2006 Congressional Budget Office report, U.S. not-for-profit hospitals get $12.6 billion in tax exemptions and $32 billion in federal, state and local subsidies. That's a... 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...
