Capital Finance
Long-term care pharmacy provider, Omnicare, may have reached a settlement in a whistle-blower lawsuit brought against the company five years ago.
Large hospitals are big consumers of energy. Just how much is the subject of new results from the U.S. Energy Information Administration's (EIA) Commercial Buildings Energy Consumption Survey (CBECS).
With healthcare undergoing intense market transformations in payment models, revenue sources and the demands of healthcare innovation, leaders in the field need to focus on actively managing the move to value-based payments and accelerate their planning for these transitions.
With an increasing demand for home care services, home care businesses have been springing up in communities across the country. And with the rapid expansion of these largely unregulated businesses questions about the industry's hiring practices have begun to surface.
Medicare- and Medicaid-focused health insurers continue to be the darlings of the acquisition ball, as evidenced by yesterday's announcement that Aetna would purchase Coventry Health Care in a cash and stock deal valued at $5.7 billion.
For-profit healthcare chain, Steward Health Care System, is continuing to expand its reach, this time northward into Maine. On Monday, Mercy Health System of Maine, a nonprofit, Catholic system associated with the Sisters of Mercy and Catholic Health East, announced that it had signed a non-binding letter of intent with Steward, the first step in a possible acquisition.
Just over a decade ago, members of Arkansas Children's Hospital's management decided to go to Disney World. It wasn't a fun-and-games trip, although fun was had. They went to learn about developing a culture that would support everyone working at the hospital and everyone using hospital services. Arkansas Children's was ahead of a trend recently taking hold in the healthcare industry: valuing customer service.
On the U.S. Department of Treasury's Go Direct campaign website is a countdown clock. It isn't counting down to the end of the Mayan calendar. And although some older adults may view the clock as ticking down to the end of the world as they know it, the Treasury Department and leaders of the long-term care industry say the deadline it's counting down to will begin a new era of increased efficiency and cost savings.
Those self-service kiosks that are often seen in supermarket pharmacies are becoming comprehensive health and wellness screening stations, thanks to SoloHealth.
Tenet Healthcare Corp. earlier this week reported second quarter net income of $42 million or 10 cents per diluted share for the quarter ending June 30, compared to $40 million or 8 cents per diluted share for the second quarter of 2011.