Moody's Investor Service has downgraded Pittsburgh-based West Penn Allegheny Health Systems' bond rating from B1 to Ba3, affecting $758 million Series 2007 fixed-rate bonds, according to a report by the Pittsburgh Post-Gazette.
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Five physicians and six others have been indicted by a grand jury for their roles in running an alleged $5 million Medicare fraud scheme, according to a report by the KXTV News.
A social worker and two case workers at Olive View-UCLA Medical Center in Sylmar, Calif., are being investigated by Los Angeles County officials in response to allegations that they accepted gifts from nursing home operators in exchange for discharging Medicare…
April Sackos, director of business office operations for Meridian Surgical Partners, shares three steps an ASC should take if it is experiencing challenges with collections.
A federal lawsuit is being filed against the health reform law's ban on new physician-owned hospitals and expansions of existing facilities, according to a release by Physician Hospitals of America, a co-plaintiff.
As I wrote this column, I reflected on the numerous facility board meetings I have attended over the years. There have been interesting times, painful adventures, and good laughs. Some boards were effective and some were not ... ouch!! Overall,…
Rajiv Chopra is a principal and CFO for The C/N Group, a healthcare services company.Q: You have seen an increase in the 'one-stop-shop' model for providing care — organizations looking to provide services for the entire patient experience, from assessment…
The Georgia Advanced Surgery Center for Women in Cartersville has opened, according to a press release from the facility.
Many surgery centers attempt to collect the patient portion of a payment for services performed at a surgery center after the patient has left the ASC. This is clearly a recipe for bad debt, says Lindsay Miller, vice president of…
Here are nine case volume statistics for ASCs by the center's total annual net revenue, according to VMG Health's 2009 Intellimarker.