Target practice: in California and elsewhere, state officials are taking shots at hospital sales to for-profits

Article Abstract:

State regulators are increasingly raising questions about the acquisition of community hospitals by for-profit companies. The number of hospitals converting from nonprofit to for-profit status increased from 4 in 1992 to 58 in 1995 to 50 during the first half of 1996. Such for-profit conversions require public hearings and government review in California and 10 other states. California's investigation into Columbia/HCA Healthcare Corp.'s planned joint venture with Sharp Healthcare is discussed.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Business Regulation NEC-State, Laws, regulations and rules, Mergers, acquisitions and divestments, Health care industry, Investigations, Social policy, Commercial law, COL, State government, HCA Inc., Hospitals, Public, Public hospitals, Sharp Healthcare, California. Office of the Attorney General

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Rural routes: for small-town hospitals, nearly all paths lead to this: convert, downsize, network

Article Abstract:

Rural hospitals often convert their facilities, downsize staff or join health networks in order to stay competitive in the changing healthcare market. Physician Tamton Mustapha stands as a visionary in this competitive environment. He and other physicians in Columbia County, NY, bought out a rural hospital that was closed by the state and transformed it into the Valetia Medical Arts Building.

Management, Hospitals, Rural, Rural hospitals, Mustapha, Tamton

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Hospital Pulse

Article Abstract:

Births, admissions and surgeries increased between May 1994 and May 1995 according to an American Hospital Association survey of 2,000 community healthcare facilities. Outpatient visits increased 11.6%, marking the highest increase since 1975. Staffing, expenses and revenues also increased while the length of stay decreased.

Statistics

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