Rebuilding in New Orleans. Feds set aside dollar 300 million for LSU Medical Center.
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Biomedical subjects
Publications and source records attributed to Jessica Zigmond.
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A new "boutique" chain is roaring out the gate with $1 billion to spend and plans for 10 hospitals. University General Hospital Systems, which aspires to offer the feel of a luxury hotel in its facilities, is wading into the thick of some of the most controversial issues in healthcare. All but one of its hospitals are planned for states without CON laws, according to W.J. "Bill" Burk, left.
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According to Robert Provenzano, left, president of the Renal Physicians Association, just because dialysis providers have shown strong profits does not mean an automatic update for Medicare reimbursement for dialysis isn't necessary. Unlike other medical products and services, which saw payment increases of 107% between 1990 and 2006, the increase in dialysis payments didn't even hit 7% during that period.
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The conviction of two former Roger Williams Medical Center executives in Rhode Island is sure to keep up the heat for more vigorous oversight of hospitals. Robert Urciuoli and Frances Driscoll were both convicted of fraud. "It's not to say that directors should be running these organizations," says attorney Patrick Coffey, left. "But it is their function to hire qualified people (who) won't ever tarnish the reputation of their institution".
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The scrutiny of executive pay is ratcheting up. More healthcare companies have gotten subpoenas on stock options, and the SEC is making it easier for investors to understand how executives are paid. The heat already has UnitedHealth easing some of its practices. Others may follow suit. "Most compensation policies seem to be driven primarily by what a company's peers are doing," says Paul Hodgson, left.