Strategic Planning
The Virginia provider says Anthem is paying significantly lower rates than it is for other hospitals in the area.
The medical associations identified five opportunities to make immediate reform.
The two hospitals located within five miles of each other have been operating at half capacity. Officials said population stagnation in is another reason for the consolidation.
Private hospitals that can offer better benefits and working conditions, as well as higher salaries, are poised to lure fresh graduates as baby boomers exit their careers.
Meanwhile, prescription drug prices jumped 1 percent after a 0.6 percent rise late last year.
Brown President Christina Paxson announces joint merger proposal with Prospect Medical Holdings in a letter to Brown community Thursday.
The operating loss per physician jumped from a 10 percent loss of net revenue to a 17.5 percent loss.
Tenet has committed to $250 million in cost reductions, sale of Conifer and streamlining of USPI, the health system's CEO tells investors.
Forming even informal arrangements with Area Agencies on Aging can help a hospital's bottom line by keeping 30-day readmission rates down and reduce avoidable nursing home usage as part of population health management programs.
Hospital executives and finance teams are missing an opportunity to save money in paying unfunded pension liability. Here's how to avoid that costly mistake.