Healthcare Finance News | Capital Finance

As hospitals and health systems launch construction projects and refinance debt in order to remain competitive in the marketplace, they should be considering all their capital financing options, said Thomas R. Green, CEO of Columbus, Ohio-based investment firm Lancaster Pollard.

HHS provides $181M in grants to six states for health exchanges

May 17, 2012 |

Mary Mosquera

Six states -- Illinois, Nevada, Oregon, South Dakota, Tennessee and Washington -- will receive $181 million in grants from the U.S. Health and Human Services Department to help them establish health insurance exchanges.

Analysts see M&A activity steady, not supercharged

May 16, 2012 |

Larry McClain

There are market forces keeping the healthcare mergers and acquisitions market active but not frenetic, according to analysts at a panel called "Financing The Deal" at the Nashville Health Care Council on May 15.

Moody's: More U.S. healthcare companies poised to initiate dividends

May 15, 2012 |

Moody's expects an increasing number of healthcare companies to initiate dividend payments to shareholders as investors place higher value on immediate, stable income amid today's low interest rate environment, according to the new special comment "Peer Pressure Will Drive More Healthcare Companies to Pay Dividends."

Omnicare settles federal case for $50M

May 15, 2012 |

Long-term care pharmacy provider, Omnicare, has reached a settlement with the Justice Department that is the largest controlled substance settlement in history, said the Drug Enforcement Administration.

Compensation incentive programs for healthcare professionals are ineffective

May 14, 2012 |

As the healthcare industry continues to move in the direction of using compensation incentives, a new analysis reveals that incentives as currently used are not an effective motivator for healthcare professionals and waste an estimated $20 billion in resources.

Wellness emerges as a real estate strategy

May 14, 2012 |

With a changing medical model that is moving from treating the sick to helping people stay fit, wellness centers have become a component of the real estate strategies for some health systems, hospital executives told an audience of healthcare real estate professionals at BOMA International's Medical Office Building conference in Atlanta May 3.

Skilled nursing facilities face $782M in cuts under sequester

May 10, 2012 |

As lawmakers debate what to do to avoid the sequestration of the Budget Control Act, those getting hit with the mandated cuts, such as defense and healthcare, are making sure Congress understands what the cuts will mean for their industries.

Credit ratings have value for senior living companies

May 8, 2012 |

It may not occur to smaller senior living companies to seek a credit rating from a credit rating agency like Fitch Ratings, Standard & Poor's or Moody's, but for companies large and small, there are financial benefits said a group of panelists during an online senior living business conference held in March.

Slowdown in capital spending expected in 2012

May 2, 2012 |

In its Spring 2012 Economic Outlook report, Premier healthcare alliance reported that impending reimbursement reductions and uncertainty around the potential impact of health reform will likely lead to more conservative hospital capital budget expenditures for the year.

Telemedicine financing takes center stage at ATA

May 2, 2012 |

Eric Wicklund

Two panel discussions Monday at the American Telemedicine Association's conference in San Jose, Calif., tackled money issues. Healthcare providers are looking for a return on investment in telemedicine applications and venture capitalists are looking for a reason to invest in the growing industry.

WellPoint's Q1 earnings down, but raises 2012 earnings guidance

April 26, 2012 |

Chris Anderson

WellPoint Inc. yesterday announced it earned $2.53 per share in the first quarter of 2012, a drop of 8 percent compared to the same period last year, though it beat analyst projections by seven cents a share.

Value Analysis - A Best Practice Approach to Elevated Performance

April 4, 2012 |

Careful consideration of the financial and clinical impact of the medical technologies used has become a strategic imperative. While most healthcare organizations recognize the importance of a committed, multidisciplinary team to drive these critical decisions, many of their Value Analysis teams often still struggle to achieve maximum results. Join this exciting and informative webinar to help you leverage tools and information to improve alignment and optimize your value analysis initiatives.

Technology Standardization Toolkit: How to Gain Alignment and Maximize ROI

January 19, 2012 |

Learn how to obtain the evidence required for standardization across your delivery infrastructure and how to weigh your hospital's functional, technical, support, and financial requirements to ensure you choose the vendor(s) that allow you to receive the maximum return on your investments. In this webinar we will discuss the tools needed to gain visibility into the universe of options to put in place the protocols needed to improve clinical quality while reducing costs in ways that can be implemented on a broad scale.

Overcoming Financial Challenges: Tips and Advice on How to Improve Healthcare Financial Performance

January 3, 2012 |

Healthcare IT News Staff

Join Healthcare Finance News and a panel of healthcare financial executives from Vanderbilt University and USF Health as they share their viewpoints and advice on ways to take advantage of opportunities to improve financial performance.

Case Study: Healing Budgeting Pains with Unified Planning at Cincinnati Children's Hospital

September 20, 2011 |

While medical advances enable healthcare providers to deliver more effective and specialized care than ever before, intensifying economic challenges make it difficult to sustain a healthy bottom line. Executing accurate financial modeling and operational budgeting is both challenging and time-consuming for most healthcare providers and the advent of accountable care organizations will intensify the complexity.

Bon Secours Health System Reaps Rewards with System Consolidation

September 1, 2011 |

Without a doubt, maintaining critical patient care systems takes top billing at many healthcare facilities. Bon Secours Health System operates with that priority in mind, but also sees its relationship with Lawson as ranking very high in strategic importance to its overall operation. Consolidating their systems has enabled Bon Secours to achieve dramatic savings through process redesign and refinement. Find out how Bon Secours can now determine and maintain financial excellence, deliver lifesaving patient care supplies, pay employees and liberate employees to fulfill their potential to be good help to those in need.

Floyd Memorial Case Study: Just Being Good was Never Good Enough

October 5, 2010 |

Learn how Floyd Memorial was able to live up to their goals: Deliver safe, quality, cost-effective care; reduce non-salary costs; and instill a culture of saving and quality throughout the 1,700 employee health care system.

Case Study: Little Company of Mary Hospital Saves 39 Percent by Participating in Group Buys

June 2, 2010 |

VHA member, Little Company of Mary Hospital in Evergreen Park, IL has saved $2.3 million on a total capital spend of $5.9 million by participating in nine out of the last 13 group buys through Novation, VHA’s supply contracting company.

How hospitals are taking action now for healthcare reform

April 4, 2012 |

Hospitals and systems are at more financial risk than ever for care costs and quality due to the Affordable Care Act.

3 reasons why off-campus facilities can be beneficial to hospital executives

March 8, 2012 |

As hospitals and physician groups look for ways to expand into new markets while keeping costs down, building off the hospital campus has become a popular and growing trend.

3 reasons why hospital mergers are advantageous

February 8, 2012 |

With tight margins as the uninsured population grows and uncertainty as healthcare reform approaches, hospitals and physicians groups across the country are seeking merger opportunities.

Cardiology is the trend: Hospital employee route or private practice?

January 31, 2012 |

As a leader in specialty procedures, cardiology is a growing field that is in demand from patients, as well as from hospitals looking to acquire practices. While some cardiologists are interested in being employed by hospitals, about 67% others prefer the private practice route.

3 ways hospitals can help control healthcare costs

January 17, 2012 |

With the growth of healthcare spending declining significantly to 3.9% in 2010, according to federal analysts, the American people are not the only ones looking to cut back on the costs of healthcare.

Outpatient is in! 6 reasons why outpatient centers are growing

January 10, 2012 |

Healthcare is costly, especially on an inpatient basis, which is why it is not surprising that an established and growing trend has been the development of outpatient centers.

Community hospitals shouldn't complain about Steward

December 9, 2011 |

David Williams

An important reason that medical costs are so high in Massachusetts is that residents are accustomed to visiting major teaching hospitals for routine care.

Texas and nationwide hospitals aggressively acquiring physician practices

December 5, 2011 |

Employment by health systems is surging for Texas physicians as well as physicians across the country. 65% of physicians who changed jobs in 2009 moved into a hospital employment model according to a 2009 poll by the Medical Group Management Association.

"Virtual bed capacity" may offer revenue boost for hospitals

November 30, 2011 |

Ben Sawyer

The hospital industry is currently facing a confluence of trends that require a complete reexamination of the cost and value of new hospital construction. Despite a slight increase in Medicare payments for 2012, Medicare, Medicaid, and private insurance reimbursements remain under significant, long-term downward pressure, which have the potential to be further reduced in the wake of Congress’ super committee failure.

Medical Real Estate's Long Term Growth and Baby Boomers

November 7, 2011 |

Paul Fox and Sou Chon Young

Often called a recession resistant industry, medical real estate is doing well and experts concur that it will continue to blossom.

Are you reconciling inventory with patient accounting?

November 1, 2011 |

How can you make sure that the inventory ordered for provider encounters (DME, hearing aids, CPAP machines, ER trays, etc) are being accounted for on the patient’s bill? If you are not reconciling inventory with patient accounting, you are losing potential revenue.

Savings Patient Lives and Cutting Hospital Costs The Michigan Way

October 31, 2011 |

How did Michigan hospitals save over 2,000 lives as well as $300 million dollars? They implemented a pioneering, patient care program to increase safety, quality and efficiency.

GE Capital, Healthcare Financial Services provides over $5B in financing through third quarter

November 1, 2011 |

GE Capital, Healthcare Financial Services today announced it financed over $5 billion in the first 9 months of 2011 in over 130 transactions to healthcare customers. As a leading lender to the U.S. healthcare middle-market, the business serves customers in over 40 sub-sectors including healthcare services, pharmaceuticals, medical devices and senior housing. GE Capital, Healthcare Financial Services is part of GE Capital Americas, a leading supplier to the U.S. middle-market.

IPC The Hospitalist Company reports Third Quarter 2011 results

October 28, 2011 |

IPC The Hospitalist Company, Inc. (Nasdaq:IPCM), a leading national hospitalist physician group practice, today announced financial results for the third quarter ended September 30, 2011.

Methodist Healthcare and The West Clinic form partnership

October 28, 2011 |

Methodist Healthcare and The West Clinic have entered into a partnership, effective January 1, 2012, to transform cancer care in the Mid-South area.

Community Health Systems announces 3Q 2011 results with net operating revenues of $3.4B

October 27, 2011 |

Community Health Systems, Inc. today announced financial and operating results for the third quarter and nine months ended September 30, 2011.

Tensha Therapeutics completes $15M Series A financing to advance selective bromodomain inhibitors

September 12, 2011 |

Tensha Therapeutics announced today that it has raised $15 million in a Series A financing to advance the development of small molecule bromodomain inhibitors for the treatment of cancer and other conditions by regulating the transcription of disease-associated genes. The company’s lead program, presently in preclinical development, is a first-in-class small molecule aimed at the treatment of BRD4-NUT midline carcinoma (a rare, invariably fatal cancer), acute myeloid leukemias, multiple myeloma, and other malignancies. HealthCare Ventures is the sole investor in the financing.

Babson Capital provides mezzanine financing for Linden Capital’s Investment in Strata Pathology Services

September 8, 2011 |

Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C., today announced it provided $12.15 million of mezzanine debt financing and $1 million of equity for Linden Capital Partners’ investment in Strata Pathology Services, Inc.

Moody's changes Tenet's outlook to positive

September 6, 2011 |

Moody's Investors Service changed the rating outlook for Tenet Healthcare Corporation (Tenet) to positive from stable.

Community Health Systems announces divestiture of Tulsa and Claremore, Oklahoma facilities

September 1, 2011 |

Community Health Systems, Inc. has completed the sale of SouthCrest Hospital in Tulsa, Oklahoma, Claremore Regional Hospital in Claremore, Oklahoma, and other related healthcare assets affiliated with those hospitals to Hillcrest HealthCare System, part of Ardent Health Services.

EwingCole designing Role III hospital at Bagram Airfield

August 26, 2011 |

EwingCole, one of the nation's leading architecture, engineering and interior design firms, is designing a new hospital at Bagram Airfield, Afghanistan.

Bankers Healthcare Group achieves new benchmark on the Inc. 500/5000 List

August 24, 2011 |

Bankers Healthcare Group, one of the nation's leaders in financing for healthcare professionals, is pleased to announce that they have been recognized once again on the 2011 Inc. 500/5000 list as one of America's fastest-growing organizations.

MedAssets announces share repurchase plan

August 23, 2011 |

MedAssets, Inc. today announced that its Board of Directors has authorized the repurchase of up to $25 million of the company's Common Stock.

Equipment finance industry confidence declines in August

August 22, 2011 |