Community Benefit
In an effort to standardize financial transparency for nonprofit and for-profit hospitals in New Jersey, the state's Senate's Health Committee approved a bill that would require for-profits to publicly disclose the same financial information that nonprofit entities must file with the Internal Revenue Services.
As the United States and Canada emerged from the Great Recession, charitable pledges to nonprofit healthcare organizations slowed in fiscal year 2010, jeopardizing the ability of healthcare systems in both countries to generate philanthropic funding necessary to meet their long-term, construction, equipment and patient needs.
The search for the best cancer therapy for individual patients pushed the personalized medicine market above $28 billion last year.
When asked to choose a healthcare provider based only on cost, consumers choose the more expensive option, according to a new study funded by HHS' Agency for Healthcare Research and Quality (AHRQ) that appears in the March issue of Health Affairs.
Hackensack University Health Network and the North Shore-LIJ Health System announced Monday an agreement to establish a strategic alliance.
Since joining the Premier healthcare alliance last year, Edward Hospital & Health Services has saved $3.5 million while improving clinical quality and patient safety.
A new PwC report on clinical informatics shows the key to those benefits is for providers to use informatics to engage patients in managing their own health.
Mayo Clinic reported a solid performance in 2011 on Feb. 23 and shared plans for growth in services and programs to meet the needs of tomorrow's patients in new and different ways.
The advisory board will specifically focus on medical industry trends, clinical imperatives, regulatory considerations, privacy concerns and patient and clinician expectations around Watson technology and how it can be incorporated into clinician workflows, according to IBM.
Healthcare cost variations create $36 billion in annual waste, which could be better controlled with increased pricing transparency, according to a new white paper from Thomson Reuters.