May 14, 2013
Cameron Memorial Community Hospital, a 25-bed critical access hospital in Angola, Ind., recently financed $47 million to build a replacement hospital, according to Steve Kennedy, senior vice president and regional manager with Lancaster Pollard, a national investment banking and mortgage banking firm headquartered in Columbus, Ohio.
March 27, 2013
Manning Regional Healthcare Center in Manning, Iowa, recently obtained $21 million in funding for a $24.8 million replacement hospital, according to Quintin Harris, vice president of Lancaster Pollard, a national investment banking and mortgage banking firm headquartered in Columbus, Ohio, who is with the firm’s office in Lawrence, Kan.
March 08, 2013
Aflac, the No. 1 provider of supplemental and guaranteed-renewable insurance in the United States, has launched the Real Cost Calculator, an innovative online tool that helps consumers understand the costs associated with common illnesses and injuries such as cancer, heart attack, fractured limbs and others.
March 01, 2013
David P. Blom is one of thousands of hospital executives across the country who are bracing for a reduction in Medicare payments as part of a series of federal spending cuts that began March 1. He talked with Kaiser Health News' Mary Agnes Carey about how his company is preparing to deal with sequestration.
January 23, 2013
Health Care DataWorks is providing an Enterprise Data Warehouse as part of a larger El Camino Hospital initiative to implement lean process management and leverage organizational data.
December 04, 2012
Lancaster Pollard, a national investment banking and mortgage banking firm headquartered in Columbus, Ohio, led the team that structured the financing for a $55-million replacement facility for Sioux Center Community Hospital & Health Center Avera, in Sioux Center, Iowa. Construction began this summer and the new hospital is scheduled to open in early 2014.
August 22, 2012
Lancaster Pollard, a national financial services firm that provides capital funding to health care, senior living and affordable housing sectors in Columbus, Ohio, has been named to Inc. Magazine's sixth annual Inc. 5000 list of the nation's fastest-growing private companies for the fourth time since the list's inception. The firm ranked 1,845 overall, improving significantly on last year's ranking of 2,361, and 98 among financial service companies.
August 21, 2012
Lancaster Pollard, a national financial services firm that provides capital funding to health care, senior living and affordable housing sectors in Columbus, Ohio, recently closed on a $66 million refunding and financing for Kennedy Health System of Voorhees, N.J., according to Ken Gould, senior vice president and regional manager of the firm’s Philadelphia office.
August 09, 2012
Thomas R. Green, CEO of Columbus, Ohio-based investment firm Lancaster Pollard recently discussed financing capital projects with Healthcare Finance News Editor René Letourneau.
May 22, 2012
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.
May 01, 2012
As a way to bring awareness to an inexpensive way to prevent injuries and death to children, the Ohio Chapter of the American Academy of Pediatrics (Ohio AAP) is sponsoring Bike Helmet Safety Awareness Week from May 7-11, 2012. According to Ohio AAP, a $10 bike helmet saves a healthcare system $41 per child.
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April 17, 2012
Eight children's hospitals across Ohio are finding that collaboration has improved overall care quality, and they are now spreading their findings to 25 other children's hospitals nationwide this year.
March 22, 2012
The Ohio Hospital Association (OHA) will host Ohio hospitals, nursing homes, home health agencies and federal healthcare officials on Friday, March 23, in Columbus to begin the implementation of the Partnership for Patients program.
January 20, 2012
The Ohio Department of Public Health and the year-old Governor's Office of Health Transformation (OHT) announced Wednesday that the state will invest $1 million to help primary care practices transition to a patient-centered medical home model.
December 27, 2011
As skilled nursing facility (SNF) providers across Ohio face 2012, a new report reveals the depth of their financial challenges. Medicaid, the health program for low-income seniors and individuals with disabilities, underfunded Ohio SNFs by $262 million, or $14.31 per patient per day, in 2009. The report projected those figures to rise to $330 million and $18.23 per patient per day in 2011, but those calculations were done for Fiscal Year 2011, which did not take into account the Medicaid rate cut of nearly $10 per day imposed on Ohio SNFs by the state budget bill, House Bill 153. This cut took effect for Fiscal Year 2012, which began July 1, 2011.
November 17, 2011
A collaborative effort among 53 Ohio hospitals resulted in a 48 percent reduction in central line-associated bloodstream infections (CLABSI) in intensive care units over a 22-month period, saving lives and $4.6 million in healthcare costs.
September 27, 2011
A new analysis by Avalere Health finds that a new federal regulation recently issued by the Centers for Medicare and Medicaid Services (CMS) will result in a $275.1 million reduction for Ohio seniors' Medicare-funded Skilled Nursing Facility (SNF) care in FY 2012 -- the six highest cut nationally. This comes with the threat of yet another $42 billion national Medicare cut proposal from President Obama last week – and on top of the 5.8% state Medicaid cut recently passed in Columbus, prompting key state and national long term and post-acute care leaders to express deep concern about job losses and the escalating economic instability facing Ohio's SNF's -- the state's second largest health facility employer.
September 07, 2011
Ohio hospitals released a report Tuesday outlining the $2.9 billion in free or discounted services they provide annually to their local communities, including to some of the state's most vulnerable residents.
August 08, 2011
One of the things you're going to hear a lot in the next couple years is that ICD-10 is going to give healthcare providers much more data that they can use to improve patient care and efficiencies.
July 13, 2011
Named for three consecutive years by Thomson Reuters as one of America's top 10 health systems for quality care and cost effectiveness, OhioHealth of Columbus, Ohio is considered a front-runner in cost reduction.