Many Pa. hospitals in the red, study says
Article Abstract:
Pennsylvania Health Care Cost Containment Council released a financial report regarding the state's acute care hospitals during a three-year period. The period, July 1994 to June 1997, cites that at least a third of the state's acute-care hospitals are in financial trouble. Report cites rising expenses and uncompensated care as adding to hospitals' financial woes. Many say the report is dated as it does not reflect the change in Medicare and Medicaid rates, and many of the hospitals since the study have either filed for bankruptcy or undergoing major changes.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
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Patients challenge closing of hospital
Article Abstract:
City Council held a second day of hearings on 6th February 2004 into Tenet Healthcare Corp.'s decision to close MCP Hospital. The hearing focused on what Tenet had done, or failed to do, to improve MCP Hospital's deteriorating financial condition.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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Defendants in Graduate suit turn the tables
Article Abstract:
Defendants from the former Graduate Health System, are accusing bondholders of balking at the settlement which provided the bondholders with $14 million.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2001
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