Half of Mass. hospitals lost money
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Fifty-three percent of Massachusetts hospitals lost money on operations during the first six months of fiscal 2004, according to a Massachusetts Hospital Association survey. The lobbying group, which surveys its members' financial health yearly, found that, on average, hospitals posted slight losses on operations, but more than made that up on investments and from philanthropy. Operating margins improved slightly from ...
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Hospitals accused of keeping thousands of seriously ill patients in 'holding patterns'
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Gov. Arnold Schwarzeneggerâs recent relaxation of nursing-to-patient ratios have local health officials elated but provides little relief for a public hospital already
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Revenue growth at Massachusetts hospitals did not keep pace with the increase in expenses during the 2006 fiscal year, which ended Sept. 30, according to an analysis by the Massachusetts Hospital Association. Expenses grew 8.7 percent, compared with 8.6 percent growth the year before. Revenues grew 8.4 percent. Also, 40 percent of hospitals had lower profit last year, the association ...
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On the eastern side of the District, you've got three hospitals that are too small and too limited in the services they offer, with not enough private doctors sending insured (read: paying) patients their way.
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News that the largest nonprofit hospital chain in the United States plans to absorb six hospitals operated by the Archdiocese of Boston triggered a debate yesterday about the future of Catholic healthcare in the region.
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More than 40 states have found themselves with more money than they planned as they wound down their regular sessions.
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The institutions that are to close or be merged under an effort to shrink New Yorkâs hospital industry will receive public funds to cover legal costs associated with closing and to pay off debts, state health officials said.
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Mismanagement across the NHS in England has led to the current multimillion pound deficit, MPs find.
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A Montgomery County hospital where a 29-year-old patient suffered extreme malnutrition before his death could face steep state fines within weeks and even the loss of federal Medicare funding this fall because of serious failings in care.
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October 22, 2004 -- ALBANY - The multibillion-dollar health-care program that helps fund everything from medical colleges to insurance for poor children may run a shortfall by the end of the state fiscal year, Comptroller Alan Hevesi warned yesterday.
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Hospital wards and operating theatres are being cut and redundancies made as the NHS battles with a Â£500m deficit, a survey says.
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A new study on emergency rooms  disputes the common wisdom that the poor and uninsured are  filling them up.
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LOS ANGELES -- Activists who fought hard to bring a hospital to south-central Los Angeles after the 1965 Watts riots are in mourning since the announcement that their beloved but deeply troubled hospital failed a crucial federal inspection and will lose more than half its funding.
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Over 100 hospital wards closed amid fears that infection will spread
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Boston Medical Center reported an operating profit in its fiscal first quarter, but in an unusual development, the hospital said it hasn't been able to convene the board's audit committee to approve the results for the prior year.
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Caritas Christi Health System Inc., the troubled hospital chain owned by the Archdiocese of Boston, is considering closing or selling 144-year-old Caritas Carney Hospital in Dorchester because its performance is predicted to fall about $7 million short of expectations this year, according to an internal document obtained by the Globe.