Capital Finance
Battle continues to wage in 26 lawsuits nationwide
Allen Archer is system manager for capital planning for the Wellmont Health System, a 10-hospital health system based in Kingsport, Tenn. Archer spoke recently with Healthcare Finance News Editor Richard Pizzi about how Wellmont handles capital procurement, and he offers insights on national trends in capital spending after a deep recession.
House GOP repeal is DOA
Ambulance operator and physician services company Emergency Medical Services is being acquired by private equity firm Clayton, Dubilier & Rice, LLC for $3.2 billion.
Getting paid for medical services has always been hard work. For years, healthcare organizations have devoted a multitude of staff resources to collecting reimbursement from payers in the most expedient and efficient way possible, from carefully scrubbing claims prior to their submission to validating reimbursement once payment is received.
Hospital executives are planning for budget increases over the next five years and are prioritizing strategic initiatives that had previously been on hold due to economic constraints, according to a new study by L.E.K. Consulting.
Hospital operator HCA, Inc., has announced an immediate internal reorganization that includes the promotion of the company's chief financial officer to president.
Community Health Systems announced Friday that its subsidiary is acquiring the assets of Mercy Health Partners, based in northeast Pennsylvania, from Cincinnati-based Catholic Health Partners.
Kindred Healthcare has announced plans to acquire the St. Louis-based RehabCare Group, creating what officials say will be the largest post-acute healthcare services company in the nation, with more than $6 billion in annual revenues and operations in 46 states.
Kronos, a global provider of workforce management solutions for several industries, has enhanced its healthcare vertical with the planned acqusition of API Healthcare, a Wisconsin-based developer of software that automates staffing and scheduling, patient classification, human resources, recruiting, payroll and staffing agencies.