By Vince Galloro February 22, 2010 If they can't beat you, they might buy you. That may be the takeaway for physician business executives from HCA's proposed acquisition of a Texas specialty hospital with physician investors. ... FULL STORY
December 28, 2009 Four of Indiana's physician-owned hospitals have banded together to form a state association representing the interests of the 15 such facilities in the state. ... FULL STORY
November 23, 2009 Over the summer McAllen, Texas, became the $600 toilet-seat cover of the 2009 healthcare reform debate: an emblem of irrational and wasteful government spending. ... FULL STORY
July 27, 2009 Some are wondering if the American Medical Association is selling out patients and physicians alike in endorsing comprehensive healthcare legislation that contains provisions to crack down on physician-owned hospitals. ... FULL STORY
By Jessica Zigmond July 13, 2009 If accepted, a proposed deal to reduce $155 billion in federal healthcare reimbursement in the next 10 years could signal the end of physician-owned hospitals. For physician owners, the deal is significant because it would place restrictions on physician self-referral to hospitals in which they... ... FULL STORY
May 11, 2009 A study reporting that specialty hospitals in three markets have not done serious financial harm to their general hospital competitors was quickly attacked for its narrow scope and lack of hard data. ... FULL STORY
By Gregg Blesch March 09, 2009 Arkansas physicians won a long fight against Baptist Health’s attempt to deny privileges to any physician with an ownership interest in a competing facility, and lead plaintiff Bruce Murphy, M.D., says he hopes the result will inspire other physicians who feel squeezed by hospitals and insurers. ... FULL STORY
February 23, 2009 After failing to get a ban on physician self-referral included in the SCHIP reauthorization bill signed into law this month, the acute-care hospital lobby isn’t softening its stance despite the fact that many of its members operate hospitals through joint ventures with physicians. ... FULL STORY
By Gregg Blesch February 09, 2009 Memorial Hermann Healthcare System in Houston disposed of a two-year antitrust inquiry in a settlement with the Texas attorney general late last month, but much of the same territory will be disputed all over again in a private lawsuit headed for trial as soon as March. ... FULL STORY
By Jessica Zigmond September 22, 2008 A federal judge’s decision in an antitrust case that pitted a cardiology group against a competing hospital system and health insurer is troubling not just for physician owners, but for the practice of medicine, says the president and chief executive officer of an Illinois-based cardiovascular... ... FULL STORY
August 11, 2008 Doctors are angling to buy stakes in two struggling hospitals, believing that doc investment and management paired with not-for-profit healthcare partners can get better results. ... FULL STORY
June 23, 2008 The fight over physician ownership recently took an interesting turn in Kansas, where the state’s high court ruled on a 3-year-old case that pitted physician investors against each other. ... FULL STORY
May 05, 2008 The Oklahoma Heart Institute, Tulsa, sold its practice for an undisclosed sum to Hillcrest Medical Center, also in Tulsa, amid a competitive market for providing heart care in the region. ... FULL STORY
April 21, 2008 The AHA targeted physician-owned hospitals earlier this month with a report predicting rapid growth in this segment just as Congress is considering whether these facilities have a future. ... FULL STORY
By Andis Robeznieks January 21, 2008 The controversial new report from HHS’ inspector general’s office on physician-owned specialty hospitals is being cited by both sides in the debate on whether such facilities should be allowed. ... FULL STORY
By Gregg Blesch November 19, 2007 Hard times tend to inspire new alliances. A once-struggling physician-owned specialty hospital in Munster, Ind., has been reborn as a joint venture with a not-for-profit system. Physicians have paid Sisters of St. Francis Health Services $5.2 million to share ownership in a 63-bed specialty... ... FULL STORY
September 17, 2007 Healthcare lawyers are bracing for changes in the way the CMS bars doctors from referring patients for government-paid services at facilities in which the doctors have a financial stake, either through ownership interest or other compensation agreements. The changes could require restructuring of... ... FULL STORY
By Jessica Zigmond September 04, 2007 After what must have seemed like a brief reprieve, doc-owned hospitals are again embattled with Congress, with the opening round finding a way into the CHAMP Act, which includes a provision that would eliminate the “whole hospital” exemption so that physicians cannot refer to hospitals where they... ... FULL STORY
By Gregg Blesch July 02, 2007 The CMS is forging ahead with plans to require physician-owned hospitals to disclose who those physicians are and what they’re getting out of the deal. The CMS in late May began its 90-day collection of public comment on a proposal to require 500 “specialty and competitor” hospitals to submit... ... FULL STORY
By Jennifer Lubell
May 21, 2007 Many physician-owned specialty hospitals say they’re ready to comply with new ownership disclosure requirements under the CMS’ proposed inpatient rule for fiscal 2008. ... FULL STORY
By Jay Greene May 21, 2007 Under the clarion call of taking back control of hospitals from lay administrators and improving quality, a group of 130 doctors in Hawaii and a small physician-owned hospital company in Kansas have acquired St. Francis Medical Center for $46.5 million. Renamed Hawaii Medical Center, the... ... FULL STORY
By Jay Greene April 02, 2007 With 15 acquisitions in the past three years, IPC-The Hospitalist Co. is driving the trend of acquiring smaller practices in what appears to be the beginning of a consolidation in the fledgling hospitalist industry. ... FULL STORY
March 19, 2007 Bringing backStarting a hospital from a previously closed hospital is not just a startup. The building originally chartered as Holy Family Hospital in Atlanta in 1964 was later deeded to the Southwest Community organization. In 1975, the hospital was named Southwest Community Hospital, serving a... ... FULL STORY
March 19, 2007 MedCath Corp., Charlotte, N.C., says it agreed to sell its interest in the Heart Hospital of Lafayette (La.) to a group of local physicians in a deal expected to close by June. ... FULL STORY
By Matthew DoBias March 12, 2007 In the latest fallout from the controversy over outpatient care of wounded soldiers at Walter Reed Army Medical Center, the Army forced its surgeon general, Lt. Gen. Kevin C. Kiley, to retire, officials said. ... FULL STORY
By Jessica Zigmond March 05, 2007 Controversy over hospital ownership reared its head in other ways last week. In a situation that must feel like deja vu for Sens. Max Baucus and Chuck Grassley, a recent inquiry into patient death in Texas has led the CMS to send an imminent termination letter to a physician-owned... ... FULL STORY
March 05, 2007 Universal Health Services, King of Prussia, Pa., said its two-hospital South Texas Health System, based in McAllen, was served with a criminal subpoena by federal authorities. ... FULL STORY
March 05, 2007 SCCI Health Services Corp. and SCCI Hospital Ventures will pay $7.5 million to settle charges that they broke federal laws governing payments to physicians and physician self-referrals. ... FULL STORY
By Cinda Becker February 28, 2007 Memorial Health Services will sell 224-bed Anaheim (Calif.) Memorial Medical Center to Prime Healthcare Services, Victorville, Calif., a rapidly expanding hospital management company whose principal owner is cardiologist Prem Reddy. Financial terms were not immediately disclosed. ... FULL STORY
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