California-based Verity wants to implement a public auction where other buyers could outbid KPC for Francis Medical Center in Lynwood, St. Vincent Medical Center in Los Angeles, Seton Medical Center in Daly City and Seton Coastside in Moss Beach.
The Medicaid and CHIP Payment and Access Commission is slated to meet to review recommendations on disproportionate-share hospital allotments, upper payment limit compliance, measuring program integrity and more.
A combination of scale and operational savvy honed over its 50-year history has made HCA the well-oiled, well-managed corporate machine it is today.
Sanford Health CEO Kelby Krabbenhoft is aiming for growth outside of the organization's core hospital portfolio.
Steiner will replace Joel Wernick, who is retiring after 30 years as the Georgia system's top executive. Steiner currently serves as CEO of four Tenet Project Japan Corp. hospitals in Detroit.
Even though purchased services account for approximately 20% of a hospital's total operating costs, it is often an overlooked sector.
Scrolling through the GoFundMe website reveals seemingly an endless number of people who need help or community support. A common theme: the cost of healthcare. Of the $5 billion the company says it has raised, about a third has been for medical expenses.