Profits of hospitals purchasing hospital. Medical search. Frequent questions

A coalition of nonprofit organizations issued a statement Tuesday objecting to the sale of Detroit Medical Center to Vanguard Health Systems, an investor-owned hospital chain based in Nashville. (crainsdetroit.com)
According to Linda Miller, president of the Volunteer Trustees of Not-for-Profit Hospitals, "The resurgence of conversions of nonprofit hospitals to for-profit status represents the largest potential redeployment of charitable assets in the nation's history. (chausa.org)
The increasingly active role of state attorneys general in policing conversions is a significant, telltale marker of just how high-risk the conversion and sale of nonprofit hospitals has become for communities," warns Miller. (chausa.org)
Today, more than two-thirds of nonprofit hospitals participate. (theincidentaleconomist.com)
Seven of the 10 most-profitable hospitals in the United States are nonprofit hospitals, each earning more than $160 million from patient care services, according to a study in Health Affairs . (medpagetoday.com)
This is telling us that the taxing system may not be working properly if nonprofit hospitals are making a lot of profit and not necessarily putting it back into the community. (medpagetoday.com)
The study analyzed fiscal year 2013 for more than 3,000 acute care hospitals of which 59% were nonprofit, 25% were for-profit, and 16% were public. (medpagetoday.com)
Norton Hospital, Nonprofit (Louisville, Ky. (medpagetoday.com)
In the Illinois counties hit hardest by the virus, for-profit nursing homes have nearly double the deaths per bed as nonprofit facilities. (wbez.org)
Nursing homes that operate for profit in the state have had more infections and deaths per bed than nonprofit facilities. (wbez.org)
In those counties, for-profit nursing homes have had nearly double the death rates as nonprofit facilities. (wbez.org)
Connecticut - in keeping with regional tradition - is dominated by nonprofit hospitals. (yankeeinstitute.org)
Across the country, the share of for-profit hospitals is growing, although the majority of hospitals are still nonprofit. (yankeeinstitute.org)
All but two of Connecticut's 32 hospitals are nonprofit. (yankeeinstitute.org)
We already would have been close if the Department of Public Health had not put unreasonable conditions on the sale of four struggling nonprofit hospitals, killing the plan to invest $500 million in our state. (yankeeinstitute.org)
The pair said there is essentially no difference between for-profit and nonprofit hospital ownership from a patient's perspective. (yankeeinstitute.org)
Sharon Hospital went from being nearly bankrupt as a nonprofit to 14 successful years as a for-profit company. (yankeeinstitute.org)
When a for-profit buys a nonprofit, the buyer pays the purchase price to another nonprofit. (yankeeinstitute.org)
The conversion of Sharon Hospital to a nonprofit resulted in the creation of the Foundation for Community Health. (yankeeinstitute.org)
Otherwise, the state is forced into deciding which nonprofit hospitals are actually nonprofits, or which components fail to meet that criteria. (yankeeinstitute.org)
Connecticut's nonprofit hospitals regularly work miracles, saving or improving the lives of many. (yankeeinstitute.org)
All hospitals in Hawaii now are section 501(c)(3) tax-exempt nonprofit companies that enjoy an exemption from the GET based on their tax-exempt status. (hawaiireporter.com)

The for-profit system is investing billions of dollars to expand its physical footprint across service lines. (modernhealthcare.com)
It's important in its own right because billions of dollars in hospital payments are at stake. (theincidentaleconomist.com)
They make up nearly half of all hospitals in the United States and receive billions of dollars in annual tax breaks. (communitycatalyst.org)
A review of dozens of fraud lawsuits, inspector general audits, and investigations by watchdogs shows how major health insurers exploited Medicare to inflate their profits - by billions of dollars. (communitycatalyst.org)

PROVIDENCE - As Lifespan Corporation and Care New England move forward with their merger, Prospect Medical Holdings, the owner of Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence, announced Friday morning that it has formally withdrawn its hospital conversions act and change in effective control applications from the state of Rhode Island. (bostonglobe.com)
The only role that we have maintained - and that's by contract - is to ensure the Catholic identity and mission from a spiritual point of view at Our Lady of Fatima Hospital. (thericatholic.com)

Based on the successes achieved in the long-term care industry, NIOSH is undertaking a six-year longitudinal research study to evaluate the effectiveness of a "best practices" safe patient handling program at two large acute-care hospitals in the United States. (cdc.gov)

This translates into fewer hospital beds, layoffs of workers, or loss of workers' pension benefits. (cepr.net)
Although the percentage share of not-for-profit versus for-profit beds remained about the same between 1984 and 1994 (70 percent not-for-profit, 10 percent for-profit, 20 percent public), public attention to the conversion phenomenon has begun to grow. (chausa.org)
Rural hospitals, those with 50 or fewer beds and major teaching hospitals tended to lose more than urban hospitals, larger hospitals and those with minor or no teaching component. (medpagetoday.com)
Sum of hospital beds in not-for-profit and for-profit privately owned hospitals. (who.int)
Coverage: Includes beds in not-for-profit hospitals that are owned or controlled by religious orders and congregations, private persons, companies and associations. (who.int)
6. In many countries, hospital beds are inadequate and inequitably distributed between rural and urban areas, with availability ranging from 0.9 to 2.9 beds per 1,000 people.8 Lack of national health infrastructure development planning and irrational interference in the location of hospitals account for this situation. (who.int)

In 1994, Scott's Columbia purchased Tennessee-headquartered HCA and its 100 hospitals, and merged the companies. (politifact.com)
In 1994 about 34 not-for-profit hospitals converted. (chausa.org)

That doctor could then have the hospitals they work at buy the hardware right from the POD - and implant that hardware in their own patients. (kctv5.com)
During the Great Recession, when many hospitals across the country were nearly brought to their knees by growing numbers of uninsured patients, one hospital system not only survived - it thrived. (ajmc.com)
The company, which received the embargoed decision from the attorney general's office on Thursday, said in the court filing that the decision contains "confidential information and numerous factual inaccuracies that - if publicly disclosed - would cause irreparable harm to the hospitals, their employees, their health care providers, and their patients. (bostonglobe.com)
When private equity buys a health care company, patients often pay the price. (communitycatalyst.org)
Regardless of ownership, they explained, hospitals serve every patient regardless of their ability to pay, and they have charity policies that offer assistance to patients who can't afford health care. (yankeeinstitute.org)
Patients are being forced to buy high-priced drugs and medical devices from hospital pharmacies. (epw.in)
In essence, the in-house pharmacy is a spatial monopoly within the premises of the hospital with the patients obliged to buy from it at prices dictated by the management. (epw.in)
Serious ethical implications emerge when private hospitals are run as corporate entities and doctors working in these hospitals are given targets to bring in a certain number of patients for hospitalisation and conduct a certain number of surgeries and diagnostic tests to plump up the bottom line. (epw.in)
In a quest for profits, corporate hospitals seem to forget that their primary job is to provide appropriate and timely treatment to patients. (epw.in)
Today's squeeze is especially strong at hospitals with many uninsured and underinsured patients. (labornotes.org)
When Temple University Health System closed its Northeastern Hospital in Philadelphia last year, patients flooded into the flagship Temple facility, overloading the ER. (labornotes.org)
Shindul-Rothschild said rising rates of complications for patients indicate a pervasive problem at some hospitals. (labornotes.org)
She says "caregivers of last resort," hospitals that serve large populations of uninsured and underinsured patients, are laying off advanced-practice nurses who train workers and track effectiveness. (labornotes.org)
The quarterly operating results are closely watched as the state's hospitals - almost all of them nonprofits - juggle rising employee pay and benefit costs along with high caseloads of COVID-19 patients and lower volumes of elective surgeries. (thelundreport.org)
The drugs most prone to shortage are generic injectable ones, administered to patients in the hospital or a doctor's office. (theincidentaleconomist.com)
Many hospitals require patients to fax a form if they want to access their data. (medscape.com)

The attorney general's decision comes just a day after tensions between Prospect and Neronha's office quickly escalated when Prospect threatened to close Roger Williams Medical and Fatima Hospital. (bostonglobe.com)
Tensions between Prospect and the state Attorney General office quickly escalated when Prospect threatened to close Roger Williams Medical and Fatima Hospital because Attorney General Peter F. Neronha allegedly required that Prospect put $120 million to $150 million in escrow, to ensure that the two hospitals could continue to operate. (bostonglobe.com)
If you go into the lobby at Fatima Hospital, my picture is no longer there and neither is the pope's. (thericatholic.com)

In 1996 Nebraska and California passed legislation clarifying the state's oversight process for hospital and health plan conversions and ensuring more public accountability in the process. (chausa.org)
Rising labor and other costs continued to squeeze the finances of Oregon hospitals in the quarter that ended Sept. 30, leaving nearly half with operating losses for the period, the state's hospital association said Thursday. (thelundreport.org)
The state's large urban hospitals were much less profitable than rural hospitals, reporting a median operating loss of 2.3% for the quarter, compared to a median 4.4% profit for rural hospitals, the association reported. (thelundreport.org)

When it comes to financial interests, proponents also say that many doctors are already paid based on the number of surgeries they do and that owning a piece of a distributorship they buy equipment from helps keep down costs for hospitals and clinics. (kctv5.com)
Both provide excellent services, have trained staff and employ modern techniques.Many doctors and medical staff in Malaysia's hospitals and clinics have trained overseas and are fluent in English. (expatfocus.com)

The hospital association reports its members earned 1.1% in profits overall despite surging costs and reductions in elective procedures, with rural areas performing best. (thelundreport.org)
For rural areas not conveniently near a big hospital, including entire islands without a hospital, their front-line defense against diseases in general must be the small businesses run by doctors who have taken up residence in the community. (hawaiireporter.com)

If you have multiple entities and complex ownership structures that are skimming off profits, anything that goes to profit or shareholders or private-equity companies is money that is not being used to combat the virus," said Tamara Konetzka, a University of Chicago health care economist who studies nursing homes. (wbez.org)
These non-profit hospitals generally behave more like profit-maximizing entities than community-focused care providers. (communitycatalyst.org)
Certainly, they are not tax-exempt entities like the hospitals are. (hawaiireporter.com)

Since 2000, the rate of for-profit ownership has increased from one in seven to one in five, according to the Kaiser Family Foundation. (yankeeinstitute.org)

Hospital for Special Surgery , a high-end specialty hospital in New York City, hired Goldman Sachs as the lead underwriter for its $179 million debt deal. (axios.com)

Although expats can receive treatments at government hospitals, many prefer to use private facilities. (expatfocus.com)

That represents about 1.3% of the total debt those hospitals issued, which is slightly below the median for the broader municipal bond market. (axios.com)
The median net income per discharge among all hospitals in the study was -$82. (medpagetoday.com)
Median operating profits for the quarter were 1.1% at the 62 hospitals represented by the Oregon Association of Hospitals and Health Systems. (thelundreport.org)

In a recent scathing op ed, Congressman Pascrell wrote , "Private equity influence stretches like an octopus, with tentacles in large and small hospitals, physician practices, dental practices and scores of nursing homes … Private equity firms follow a well-worn blueprint: buying companies, saddling them with mountains of debt and then squeezing their acquisitions like oranges for every dollar before tossing the rind into the wastebasket. (cepr.net)
Private equity, which is designed to generate profit, has dramatically increased its reach into the U.S. health system - buying up physician practices, hospital systems, nursing homes, and dental practices. (communitycatalyst.org)

When Scott resigned as CEO in 1997, Columbia/HCA had grown to more than 340 hospitals, 135 surgery centers and 550 home health locations in 37 states and two foreign countries, Scott's campaign says. (politifact.com)

At the federal level, Rep. Fortney H. ("Pete") Stark, D-CA, introduced a bill on January 8, 1997, titled the "Medicare Non-profit Hospital Protection Act of 1997" (H.R. 443). (chausa.org)

Out-of-state investors holding a gun to Rhode Island's head by threatening to shut down hospitals is exactly why out-of-state ownership is so dangerous and why CNE/Lifespan merger is so important," Senator Sheldon Whitehouse tweeted Friday. (bostonglobe.com)
Massachusetts and New Jersey have seen significant transitions toward for-profit ownership. (yankeeinstitute.org)
By opening up for-profit ownership, at least some hospitals will start paying property taxes. (yankeeinstitute.org)
For-profits could also help to alleviate hospital consolidation, which is often driven by financial challenges and the need for the capital partner that for-profit ownership provides. (yankeeinstitute.org)
This document uses a broad definition of the term hospital 2 and thus refers to all such institutions irrespective of ownership. (who.int)

A portion of the $1.2 billion debt offering is going toward building a new inpatient tower, but in a statement , OU Medicine did not fully explain the necessity of the structure or whether hospital prices would go up to pay for it. (axios.com)
About 75% of the more than 650 inhabitants per square Near East (UNRWA), various nongov- hospital expenditure was on inpatient kilometre. (who.int)
CCR defines a hospital as "a health facility that, under an organized medical staff, offers and provides twenty-four hours per day, seven days per week inpatient services, emergency medical and surgical care, continuous nursing services, and necessary ancillary services, to individuals for diagnosis or treatment of injury, illness, pregnancy or disability. (who.int)

Under the first option, Medicare would survey hospitals about what it cost them to acquire the drugs. (theincidentaleconomist.com)
Medicare would then draw on the survey data and reimburse hospitals for their "average acquisition costs," subject to variations for different types of hospitals. (theincidentaleconomist.com)
But Medicare immediately encountered a problem: It just wasn't practical to survey hospitals about their acquisition costs. (theincidentaleconomist.com)
For years, Medicare kept paying those 340B hospitals 106% of the average sales price of their outpatient drugs. (theincidentaleconomist.com)
Medicare is a government-run insurance scheme, partly funded by income tax levies, that covers treatment in public hospitals and 85 percent of "schedule fees" charged by GPs and a limited range of other treatments, including X-rays, pathology and eye-tests. (wsws.org)
P]rivate practice is basically on the verge of going extinct," he said, because already low profit margins are being pressured by "the GET tax and the low Medicare reimbursements along with the high cost of providing care. (hawaiireporter.com)
Appreciate the complexity of billing codes, these are not created by hospitals but by by the American Medical Association, Center for Medicaid/Medicare and a soup of other organizations. (ycombinator.com)

A for-profit entity, HMC LLC, bought St. Francis West in Ewa Beach in January 2007. (hawaiireporter.com)
The Palestinian Ministry of Health public funds (49%) were directed to separated areas, West Bank and Gaza (MoH) is the main entity responsible hospitals compared with only 29% for Strip, administered by the Palestinian for governing, regulating and delivering primary health care ( 8 ). (who.int)

While prescription-grade medications can only be bought at pharmacies, other common medications are available in corner shops and supermarkets. (expatfocus.com)
With hospitals increasingly operating as for-profit businesses, these pharmacies are an important revenue source for hospitals. (epw.in)

He quickly grew the company by purchasing more hospitals. (politifact.com)
For example, the rate of spinal surgery, according to the Health and Human Services' inspector general , grew at a rate three times faster at hospitals that bought equipment from PODs than those that did not. (kctv5.com)
According to the Health and Human Services Office of Inspector General's data analysis in 2013, the rate of spinal surgery grew more rapidly in hospitals that utilized POD-supplied devices. (kctv5.com)

total food consumption fell in 2006, as many people cannot afford to buy food and have been forced to sell off assets such as land or tools.1 Chronic malnutrition is on the rise and dietary choice is restricted by rising poverty. (who.int)

They consolidate drug orders across hospitals, directing large volumes to a small number of manufactures that provide the best deals. (theincidentaleconomist.com)

Vanguard has committed to keep DMC's eight hospitals open for at least 10 years and follow DMC's charity care policies. (crainsdetroit.com)
In December, USAToday editorialized: "Hospital sales are just one emerging part of a massive sea-change in the health-care industry. (chausa.org)
Yet in many communities, hospitals are the focal point of community health care. (chausa.org)
Those who pay contributions to the Employees Provident Fund automatically receive coverage for all necessary treatment and rehabilitation care in public hospitals. (expatfocus.com)
Therefore expats can benefit from buying a supplementary health coverage plan from a reputed insurance provider as this allows them access to medical care in private hospitals as well. (expatfocus.com)
Although public hospitals provide high quality and inexpensive medical care, there may long waiting periods at times, especially for certain procedures. (expatfocus.com)
That easily translates into $300 million per year for bankers and lawyers that manage hospital debt - a rounding error in what the U.S. spends on hospital care, but still a cost the health care system has to bear. (axios.com)
The study used net income from patient care services to measure profitability and left out profits from nonpatient care activities such as investments, charitable contributions, tuition, and parking fees. (medpagetoday.com)
When you go to a specific hospital you are going to that hospital for your care. (medpagetoday.com)
But we have taken into account all the factors that would explain why you are a profitable or nonprofitable hospital with respect to patient care. (medpagetoday.com)
Shoot even a couple weeks ago Cedars decided to no longer support mental health care at the hospital so cut backs are all over the place. (blogspot.com)
Health care in the U.S. is horribly expensive, severely inefficient, and people don't get the care they deserve - all because profits are the priority. (communitycatalyst.org)
In exchange for a non-profit status, hospitals are required by law to invest in charity care and community health initiatives. (communitycatalyst.org)
Yet, a 2022 study conducted by the Lown Institute found that 82 percent of non-profit hospital systems spent less on charity care and community investment than the value of their estimated tax exemptions. (communitycatalyst.org)
The hospital lost 52 critical-care nurses last year. (labornotes.org)
When such drugs are in short supply, they cause dangerous delays in care as hospitals seek alternatives. (theincidentaleconomist.com)
DATA PURCHASE AND USE AGREEMENT Individual identifiers have been removed from the micro-data tapes available from the Agency for Health Care Policy and Research through NTIS. (cdc.gov)
1. Despite efforts made by countries, the situation of hospitals in the African Region is getting worse in both scope and quality of health care. (who.int)
Despite these efforts, the situation of hospitals is getting worse in terms of both the scope and quality of health care they provide. (who.int)
3. Given the importance of hospitals, the Regional Committee, at its thirty-eighth session, adopted resolution AFR/RC38/R123 on improving primary health care (PHC) through hospital sector development, and the forty-second session adopted resolution AFR/RC42/R64 on reorientation and restructuring of hospitals based on PHC. (who.int)

In the past few years, the number of not-for-profit hospitals converting to for-profit status has escalated rapidly. (chausa.org)

The quarterly financial results for the hospitals don't reveal the totality of hospital system finances, because they don't include the growth and profits of the massive investment portfolios held by many hospitals' parent health systems. (thelundreport.org)

The withdrawals end the regulatory review process to which Prospect had objected Thursday, prompting them to threaten to close both hospitals. (bostonglobe.com)
This comes after Prospect Medical, and their lawyers, asked for an additional "short window of opportunity" to convince the attorney general's office that they were prepared to provide the guarantees of financial security for the two Rhode Island hospitals that are necessary under the attorney general's conditions. (bostonglobe.com)
BT: It's important for people to understand that since CharterCARE was formed and even more clearly in 2014 when all of this was purchased by Prospect, the diocese has not been involved in the management of those hospitals. (thericatholic.com)
BT: When CharterCARE was formed, but more so when CharterCARE was purchased by Prospect, that was carefully reviewed and approved by everybody who was involved in the process, certainly by the state regulators, by the Attorney General's Office, by the corporate boards who were involved at that point, even by the nurses' union. (thericatholic.com)

which controls 163 hospitals from New Hampshire to California, have soared, far outpacing those of most of its competitors. (ajmc.com)

As of Aug. 31, the company had $5.3 billion in approved capital projects set to be completed in the next two years, ranging from renovations of existing facilities to new hospitals and outpatient locations, Chief Operating Officer Jon Foster said Thursday during HCA's investor day conference. (modernhealthcare.com)
Foster said HCA operates 12 outpatient locations for every hospital. (modernhealthcare.com)

I had no idea what hospitals would be the most profitable, and which were not," said study co-author Gerard Anderson, professor of Health Policy and Management at Johns Hopkins Bloomberg School of Public Health. (medpagetoday.com)
By those measures, the most profitable hospital in fiscal 2013 was Gundersen Lutheran Medical Center, a 239-bed hospital in La Crosse, Wis. (medpagetoday.com)
In general, the study found that hospitals that were part of a health system were more profitable, and Anderson said that's likely because they can leverage higher payments from commercial plans, which in turn pass those costs onto their enrollees. (medpagetoday.com)

Traditionally, the state attorneys general have overseen conversions of not-for-profit organizations to ensure that their charitable assets are fairly valued (not woefully underestimated, as they have been in a number of cases) and their charitable mission is preserved. (chausa.org)
Prices are also held in check by group purchasing organizations. (theincidentaleconomist.com)

There are public and private hospitals in Malaysia. (expatfocus.com)
Private hospitals are mainly used by those who choose to buy private health insurance. (expatfocus.com)
While not all private hospitals do this, it's best to be aware of the practice. (expatfocus.com)
Consultations, visits for minor ailments or general health check-ups can be done at public or private hospitals even without international health insurance. (expatfocus.com)

He said that could potentially put "every hospital in its system - including our Rhode Island hospitals - at risk of a reduction in services, sale, or closure. (bostonglobe.com)
Together, we can expose the corporate interests that drive decisions in our health system, and all the ways prioritizing profit over people's health hurts our communities and country. (communitycatalyst.org)
For example, the seven-state 52-hospital Providence St. Joseph Health system - with eight hospitals in Oregon - reported that while operating revenues were up for the third quarter, so were operating costs, leading to a system-wide operating loss of $405 million. (thelundreport.org)
But the system reaped $953 million in non-operating revenues, mostly growth in its $12 billion long-term investment portfolio, leading to a net profit of $548 million for the quarter, according to the quarterly financial report Providence releases to the public. (thelundreport.org)
So, if the GET and the surcharges were applied to the hospital system, our understanding from talking to the Healthcare Association of Hawaii is that most if not all hospitals in Hawaii would be in the red and would have to either limit services or possibly close. (hawaiireporter.com)

That year, federal agents went public with an investigation into the company, first seizing records from four El Paso-area hospitals and then expanding across the country. (politifact.com)
2 Newspapers around the country are scrutinizing local hospital deals. (chausa.org)
This year HCA has opened the 54-bed Methodist Hospital Landmark in San Antonio, Texas, and acquired the 86-bed Methodist Hospital Hill Country in Fredericksburg, Texas. (modernhealthcare.com)

Surprise medical billing has become a serious problem for people who need to seek emergency room (ER) or other hospital services - even for those who think they are covered by their insurance policies. (cepr.net)
Citizens can avail of highly subsidized medical treatment at public hospitals due to the country's healthcare program. (expatfocus.com)
Hospitals often issue debt to fund new facility construction, buy new medical equipment or refinance old debt. (axios.com)
He had endured countless medical procedures, hospital trips and rehab-center stays. (wbez.org)

Generic injectables are prone to shortage because of low profit margins and high production costs. (theincidentaleconomist.com)
Except in unusual circumstances, generic drugs - whether injectable or oral - have low profit margins because no manufacturer retains exclusive rights to produce them. (theincidentaleconomist.com)
Were prices and profit margins to rise high enough to justify the upfront investment of drug production, other manufacturers would enter the market. (theincidentaleconomist.com)
The additional competition would then push prices and profit margins back down again. (theincidentaleconomist.com)
Even if prices and profit margins rise during a shortage, they typically don't rise high enough or for long enough to coax manufacturers into adding capacity. (theincidentaleconomist.com)

Along with increasing public concern about hospital conversions has come new state legislation and oversight. (chausa.org)
It reflects the owners' unease with the public receiving a full and complete picture of the rationale behind this office's insistence that they provide adequate and reliable financial commitment to ensure that these hospitals continue to operate at the levels they do today," said Neronha. (bostonglobe.com)
Expats have access to public hospitals only if they receive it as a benefit as part of their employment package. (expatfocus.com)
What's spurring hospitals to issue debt, and how does it affect the public? (axios.com)
Those seeking free treatment in public hospitals face long waiting lists, while conditions inside the cash-starved hospitals have deteriorated, producing a wave of avoidable patient deaths. (wsws.org)
As a result, people are avoiding or delaying visits to doctors-at the risk of incalculable long-term health damage-or turning to over-stretched public hospital emergency departments. (wsws.org)
2. Hospitals have benefited from investments in human resources, infrastructure and equipment, and they have received a significant portion of public resources. (who.int)

If the hospitals don't pay, then whoopie, they get to make profit from my free donation. (flyertalk.com)
So, in this case, the hospital make a profit off my free donation. (flyertalk.com)
It's a rough-cut way to make hospitals whole without requiring them to submit receipts for every drug purchase. (theincidentaleconomist.com)
For-profit owners might make minor operational changes when they take over. (yankeeinstitute.org)

Neronha said his office's year-long review of the transaction revealed a national company whose "principals and investors extracted hundreds of millions of dollars from the hospitals and services they own. (bostonglobe.com)
Not-for-profit hospitals are paying bankers, lawyers and other financial advisers hundreds of millions of dollars every year to help them with a relatively routine task: issuing debt. (axios.com)

Patient complications that develop when overworked staff miss a problem cost the hospital more than a proper staffing policy would. (labornotes.org)
Budget-strained hospitals are reducing headcount, she said, at the cost of losing veterans best suited to battling systemic patient problems like infection and fall rates. (labornotes.org)
Patient data are now bought and sold by a variety of companies. (medscape.com)
For this reason, proprietary companies that curate and sell patient data to largely for-profit companies have exploded. (medscape.com)

These facilities are not government funded and hence work on a profit basis. (expatfocus.com)
Hospital work is thought to be recession-proof. (labornotes.org)
The work is there, but at a cost: hospital workers and researchers say some hospitals are churning through a round of reorganization, strapping on more work, skimping on training, and trying to stuff contract concessions through. (labornotes.org)

VHS Michigan will include a seven-member regional advisory board that would oversee the DMC hospitals. (crainsdetroit.com)
Ambulance squads that include government-sponsored teams and university hospital teams handle emergency requests. (expatfocus.com)
If you use general accounting principles, hospitals have a lot more flexibility to include or exclude costs. (medpagetoday.com)
Our State runs a few hospitals, for example, and its portfolio used to include Maui Memorial Hospital in Kahului. (hawaiireporter.com)

Hospital Conversions: Does Not-for-Profit Status Matter? (chausa.org)
This column delves into some of the latest policy thinking and activity surrounding not-for-profit hospital conversions. (chausa.org)

Eligible providers get steep discounts on the drugs that they purchase - anywhere between 20% and 50% of the normal price. (theincidentaleconomist.com)
The upshot was that hospitals were buying highly discounted drugs and then charging the federal government full price. (theincidentaleconomist.com)
Hospitals with the highest price markups earned the largest profits. (medpagetoday.com)

Because 6% of a large number is bigger than 6% of a small number, hospitals have an incentive to dispense more expensive drugs, even when there are cheaper and equally effective therapies. (theincidentaleconomist.com)

This isn't an unfortunate outlier - just one in a series of offenses by the health industry, including insurance companies, hospitals, and prescription drug companies. (communitycatalyst.org)
And the state has contracted with several companies to provide temporary emergency workers to understaffed hospitals, authorizing more than $280 million so far, to be reimbursed by the federal government. (thelundreport.org)

Hospital bosses hate workplace actions that interfere with their carefully manufactured image, said Marsha Martin, a nurse and local union president at a University of Florida hospital. (labornotes.org)
Traveling nurse expenses, which has some hospitals paying up to 700% of the hourly rate for staff nurses, are just one of the factors," he said. (thelundreport.org)

It's more like the hospital saved a small fortune by not purchasing blood. (flyertalk.com)
Facing low prices, these few manufacturers must keep tight control over capacity in order to turn a small profit. (theincidentaleconomist.com)

HCA also is spending more on emergency services, adding more than 100 freestanding emergency departments in the last decade, said Richard Hammett, president of HCA's Atlantic Group, which oversees 62 hospitals in five states. (modernhealthcare.com)
If that hospital is making a profit, you are not getting all of the services that you are paying for," Anderson said. (medpagetoday.com)
In fact, St. Joseph's Health Services, in effect ceased to exist and has not been involved in the operation of those hospitals either. (thericatholic.com)
Although users can purchase more services by paying out-of-pocket, very few actually do so. (who.int)
The information on the micro-data tapes available for purchase was supplied to the Agency for statistical sum- maries and health services research. (cdc.gov)

I think the St. Joseph's Health Board recognized a good number of years ago that this community hospital, as many community hospitals have realized, could no longer exist by itself. (thericatholic.com)
So, if the state legislature agreed that the GET tax on hospitals and hospital-employed physicians is a bad idea because would it cause collapse of that portion of the sector, why would you apply it to community-based physicians? (hawaiireporter.com)

Cordeau said for-profits seek "administrative efficiency" and tend to have less bureaucracy. (yankeeinstitute.org)
Still, the data released by the hospital association suggests many hospitals continue to seek firm financial footing after being buffeted by the delta surge and now, the omicron variant. (thelundreport.org)

With 15 hospitals in Boston, Chicago, Phoenix and San Antonio, Vanguard has taken on financially struggling hospitals and turned them around, Vanguard officials said. (crainsdetroit.com)

Diseases10

Chemicals and Drugs1

Analytical, Diagnostic and Therapeutic Techniques and Equipment43

Psychiatry and Psychology2

Phenomena and Processes5

Disciplines and Occupations4

Anthropology, Education, Sociology and Social Phenomena9

Technology, Industry, Agriculture12

Humanities1

Information Science13

Named Groups7

Health Care196

Geographicals19

Nonprofit22

Billions of dollars4

Lady of Fatima Hospi2

Acute care hospitals1

Beds6

19942

Patients16

Fatima Hospital3

State's3

Clinics2

Rural2

Entities3

20001

Specialty1

Government hospitals1

Median3

Physician practices2

Centers1

19971

Ownership5

Inpatient3

Medicare7

Entity2

Pharmacies2

Grew3

Cannot afford1

Volumes1

Care20

Rapidly1

Finances1

Prospect4

California1

Outpatient2

Profitable3

Organizations2

Private4

System5

Country3

Medical4

Margins5

Public7

Make4

Hundreds of millions of dollars2

Patient4

Work3

Include4

Conversions2

Price3

Large1

Companies2

Nurse2

Small2

Services5

Community2

Seek2

Antonio1