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.

Public affairs, General Medical and Surgical Hospitals, General medical & surgical hospitals, Acute Care Hospitals, Hospitals

---

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.

Plant shutdown, Legal/Government Regulation, Company legal issue, Cases, Health care industry, Tenet Healthcare Corp., Facility closures

---

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.

Graduate Health System (Bala Cynwyd, Pennsylvania)

Similar abstracts:

• Abstracts: Phila. company supplies a leading online retailer. Cable-TV firm is changing its focus. Giveaways click with web users
• Abstracts: Troubles will delay successor to Claritin. U.S. GlaxoSmithKline unit is losing one copresident. Fen-phen costs rise for drug company
• Abstracts: Reform, one bank advises another. For bank, hazards attend big clout
• Abstracts: Official backs hike in city water rates. Wyomissing steelmaker to lay off 100 workers. Putting Phila. on the relocation map
• Abstracts: SBC completes purchase of Comcast wireless. Shareholder picture changing at General Instrument. Interactive-TV viewers' clicks send data, report warns

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.