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Health Care Providers and Services

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  • In a May 2014 report, Griffin cited problems at the Phoenix hospital over long patient wait times and falsification of records to cover up the delays. A doctor who first exposed serious problems at the troubled Phoenix hospital said a report by Griffin's office last August on patient deaths was a "whitewash" that minimized life-threatening conduct by senior...

  • INDIANAPOLIS— One of Indiana's largest health and hospital networks reached a $20.3 million settlement with the federal government to resolve allegations of overbilling the Medicaid and Medicare programs for surgeries, the U.S. attorney announced Tuesday. Community Health Network, which operates eight hospitals in Indianapolis, Anderson and Kokomo, and...

  • TORONTO, June 29- A CIBC Wood Gundy investment adviser is pushing Extendicare Inc, a Canadian operator of senior care centers, to pay a special dividend of at least C $100 million and make other changes following the sale of its U.S. business. Markham, Ontario- based Extendicare has been narrowing its geographic focus to long-term senior care centers in Canada.

  • NEW YORK, June 25- The U.S. hospital and health insurance industries breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Health economists have estimated $15 billion to $22 billion in healthcare spending was at risk with the decision.

  • NEW YORK, June 25- The U.S. hospital industry breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 12.8 percent at $62.33, while shares of HCA Holdings rose 8.7 percent to $90.61 and Tenet...

  • Hospital stocks leap after Supreme Court backs overhaul Thursday, 25 Jun 2015 | 11:51 AM ET

    Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama's health care overhaul and eliminated the prospect of a sudden influx of uninsured patients seeking care. Shares of big hospital operators like HCA Holdings Inc. and Tenet Healthcare Corp. surged after the court announced a decision that...

  • NEW YORK, June 25- U.S. hospital shares surged, with several hitting all-time highs, and other healthcare names rallied on Thursday after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 9.3 percent at $60.44 after earlier touching a record high of...

  • Connecticut surgery centers worried about tax proposal Wednesday, 24 Jun 2015 | 2:38 PM ET

    HARTFORD, Conn.— Operators of surgery centers across Connecticut are working to persuade state lawmakers to scrap a new tax in the Democratic budget they claim will prompt some facilities to close. The Connecticut Association of Ambulatory Surgery Centers says about 15 of the group's 61 member centers will be forced to close if the 6 percent "provider tax"...

  • He succeeded his ailing father in leading the charity foundation that owns Samsung Medical Center. Samsung Medical Center, one of the largest hospitals in South Korea, draws patients from around the country. "Our Samsung Medical Center could not stop the infection and the spread of MERS, causing so much pain and worry for the public," Lee said in a rare public speech...

  • Samsung heir apologizes in public for MERS spread Monday, 22 Jun 2015 | 10:49 PM ET

    He succeeded his ailing father in leading the charity foundation that owns Samsung Medical Center. Samsung Medical Center, one of the largest hospitals in South Korea, draws patients from around the country. As South Korea tried to contain the spread of the disease that killed 27 since the outbreak in May, there were growing calls to investigate why authorities...

  • Last week, Memorial Sloan Kettering Cancer Center in New York posted an online tool suggesting a drug's fair price, based on benefits and side effects. Peter Bach, director of the Center for Health Policy and Outcomes at Sloan Kettering. "We have extraordinarily expensive technology that we have developed but a lot of it doesn't seem to move the needle that much" in...

  • Big NYC hospital hit with ID theft, 12K affected Sunday, 21 Jun 2015 | 4:05 PM ET

    A hospital employee and 7 others were indicted on charges of stealing personal information of as many as 12,000 hospital patients.

  • Are India's medical schools broken? Tuesday, 16 Jun 2015 | 8:37 PM ET

    India's system for training doctors is plagued by fraud and unprofessional teaching practices, worsening public health issues, Reuters reports.

  • June 11- HealthSouth Corp said it would buy a private rehabilitation hospital operator for $730 million in cash to expand its post-acute care business into new markets. The acquisition of Reliant Hospital Partners will strengthen HealthSouth's position in the Houston, Dallas-Fort Worth and Austin, Texas markets, while giving it new locations in Abilene,...

  • HealthSouth to buy rehab hospital operator for $730 mln Thursday, 11 Jun 2015 | 8:14 AM ET

    June 11- Post-acute care service provider HealthSouth Corp said it would buy a private rehabilitation hospitals operator for $730 million in cash. Reliant Hospital Partners LLC operates a portfolio of 11 in-patient rehabilitation hospitals in Texas, Massachusetts and Ohio, and three in-patient satellite locations in Massachusetts with a total of 902...

  • WASHINGTON, June 10- The U.S. economy was probably not as weak as has been reported in the first quarter, with data on Wednesday showing slightly stronger consumer spending than previously estimated. The Commerce Department's quarterly services survey, or QSS, showed consumption, including healthcare spending, increased at a faster clip than the government...

  • Renee Hsia of the University of California, San Francisco, who has studied hospital charges but was not involved in this research. "That results in higher premiums for auto insurance and for employers who pay into workers' comp," said study co-author Ge Bai of Washington& Lee University. She and Gerard Anderson of Johns Hopkins Bloomberg School of Public Health...

  • NEW YORK, June 8- A study released on Monday found that the 50 priciest U.S. hospitals charged some patients more than 1,000 percent of what Medicare considers the cost of procedures. North Okaloosa Medical Center 1,260%. Paul B Hall Regional Medical Center 1,250%.

  • SHANGHAI, June 5- China will allow patients to claim medical insurance for visits to private hospitals, its main administrative authority said, marking the latest move from Beijing to ease pressure on the country's over-burdened public healthcare system. "In order to satisfy everyone's diverse healthcare needs, we are lowering the threshold for private...

  • June 4- Evolent Health Inc's initial public offering has been priced at $17 per share, an underwriter told Reuters late on Thursday, valuing the healthcare software maker at about $950 million. Evolent was founded in 2011 by its top two investors, the University of Pittsburgh Medical Center and healthcare research firm Advisory Board Co..