Capital Finance
The New York Times headline was "Health Spending Rose in '09, but at Low Rate," but it could just as appropriately have been "Health Spending in '09 Took Biggest Jump Ever in GDP Share."
Sen. Sherrod Brown (D-Ohio) has announced that Ohio State University is receiving a $100 million grant for a construction project at OSU Medical Center.
Mike Donahue, vice president of physician practices at Eastern Maine Medical Center in Bangor, Maine, spoke with associate editor Chelsey Ledue about the steps that EMMC is taking toward functioning as an Accountable Care Organization (ACO).
Because it costs more to raise money during a recession, nonprofit institutions who are willing to invest in fundraising personnel and emphasize major gifts and planned giving will weather the current fiscal crisis, according to the Association for Healthcare Philanthropy.
The Methodist Healthcare System has announced the acquisition of Texsan Heart Hospital, a 120-bed specialty hospital in San Antonio, and plans to expand the struggling hospital's services to attract more patients.
The LHC Group, a national provider of home health and hospice services, has acquired hospices in Alabama and Louisiana and entered into a home health joint venture in Kentucky.
McKesson, based in Atlanta, has announced that three of its physician electronic health record and practice management solutions have been certified as 2011/2012 compliant by the Certification Commission for Health Information Technology.
IPC The Hospitalist Company, a national hospitalist group practice firm, has acquired a Kansas City-area hospitalist practice, establishing a presence for the first time in that region.
A two-hospital system in Ohio has come up with a unique way to pay for its new electronic medical record system: Selling the leasing rights to its non-hospital properties.
Healthcare Trust of America, a non-traded, real estate investment trust, has acquired a five-building, five-state portfolio of medical office properties for more than $84 million.