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Stryker announced a first-quarter income drop of 3.2 percent amid a slow economy and decreased growth in the orthopedic device market, according to a report by the Wall Street Journal.

The Medical Board of California has revoked the medical license of Lawrence Saks, MD, of Torrance, Calif., who has been indicted insurance fraud and is being investigated for other crimes, according to the Daily Breeze.

Here are some statistics on the financial health of hospitals and health systems in the United States, according to the Healthcare Financial Management Association's  Healthcare Financial Pulse: The Financial Health of U.S. Hospitals and Healthcare Systems, which surveyed 309 hospital…

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Here are some interesting statistics on hospital finances in the economic downturn, according to the March survey report titled Healthcare Financial Pulse: How Hospitals are Combating the Financial Downturn by the Healthcare Financial Management Association, which was based on responses…

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