Uncompensated Care news from FierceHealthFinance
News
Hospital stocks endure Wall Street smack down
The growing likelihood that health reform will not be realized has hurt publicly traded hospitals, reports the Wall Street Journal. While many insurers have seen their stock prices jump since a... Read more...
Uncompensated care jumps 11 percent for Baptist Memorial Health Care
Baptist Memorial Health Care Corp., one of the nation's largest healthcare systems, provided $541 million worth of indigent care in its most recent fiscal year, which ended Sept. 30. That's an 11... Read more...
Unpaid hospital bills stacked up in 2008
By Emily Paulsen and Dan Bowman Uncompensated care totaled $36.4 billion on 2008, an increase of 7.1 percent from 2007, according to a new report from the American Hospital Association. However, the... Read more...
AHA: Hospitals still face financial challenges
Hospitals took a hit in 2008 and are still struggling now, a new report from the American Hospital Association concludes. Hospitals have also struggled to maintain adequate margins during the past 18... Read more...
PA hospitals see 7.8 percent drop in average margins
It's been a difficult fiscal year for the Pennsylvania's hospitals, whose total margins fell almost 8 percent between July 2008 and March 2009, according to new data from the Hospital & Health... Read more...
Moody's: Non-profit hospital finances continue to deteriorate
Non-profit hospitals and health systems continue to face tough financial circumstances, with the one-two punch of a weak economy and tight credit continuing to sock their bottom lines. That's... Read more...
CT hospital group pulls a fast one on community benefits
OK, let me get this straight--and see if I can keep a straight face: Even if hospitals use only a tiny fraction of their revenues to directly subsidize care for poor people, they're still saintly... Read more...
Connecticut hospitals cite $718M in community benefit spending
Connecticut hospitals spent $718 million--or 9.4 percent of total hospital revenue--on community benefit programs in 2007, according to a new report from the Connecticut Hospital Association. The... Read more...
Moody's leery of uncompensated care backlash
Moody's Investor's Service is nervous about what the next few quarters will bring for investor-owned hospitals. In a recent report, it noted that such companies could take a serious hit to their... Read more...
Battle to define community benefits, minimum charity levels continues
While it hasn't gotten a lot of publicity in recent weeks--overshadowed by the birth of the stimulus package, no doubt--the battle to crack down on community benefit measures and minimum spending... Read more...
