University of Pittsburgh Medical Center news from FierceHealthFinance
News
U of Pittsburgh execs face 25 percent pay cut
Just as at other hospitals, times are tough at the University of Pittsburgh Medical Center. The academic medical institution has been hit by investment losses that severely undercut its bottom line,... Read more...
UPMC gets attention for lucrative, questionable liver transplants
The University of Pittsburgh Medical Center has been getting a lot of attention lately, most recently for its CEO's nearly $4 million annual pay. Now critics are questioning the medical practices... Read more...
Patients cutting back on elective surgeries, procedures
Hospitals across the country have reported that fewer patients are opting for procedures such as knee replacements, hernia repairs and weight-loss surgeries, mainly because of the state of the... Read more...
Case study: U of Pittburgh's profits fall dramatically
If you want an example of why even the strongest non-profits are facing downgrades from entities like Standard & Poor's (see related story), just take a look at the finances of the University of... Read more...
Credit problems continue to squeeze not-for-profits
Wouldn't it be nice if the financial markets took their medicine and calmed down quickly after a debacle like the subprime mortgage crisis? Sadly, that's not how things work, as the latest credit... Read more...
Case study: West Penn Hospital begins loss-reversal plan
Apparently, it's tough being a competitor to the University of Pittsburgh Medical Center, a billion-dollar juggernaut which has generally been a strong financial performer. West Penn Allegheny Health... Read more...
ALSO NOTED: Investment losses put UPMC in the red; Shriners St. Louis fires financial official over "irregularities"; and much
> It was bad financial news for the usually-profitable University of Pittsburgh Medical Center, which lost $7 million for the first nine months of fiscal 2008 after suffering steep losses on its... Read more...
