Nursing Homes Can Boost Quality, Bottom Line with ‘Consistent Assignment’
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Hospitals Hungry Under Health Reform
20120924-NEWS--0001-NAT-CCI-CD_-- 9/21/2012 6:41 PM Page 1 ® www.crainsdetroit.com Vol. 28, No. 40 SEPTEMBER 24 – 30, 2012 $2 a copy; $59 a year ©Entire contents copyright 2012 by Crain Communications Inc. All rights reserved Page 3 Bills aim to African violence Hospitals hungry under touches auto supply chain flow funds health to sewer Electronics retailer unplugs Michigan search reform projects Inside New loan, grant Tom Henderson on how Systems prowl not to save Belle Isle, for acquisitions programs sought Page 4 BY CHAD HALCOM BY AMY LANE Crain’s Lists CRAIN’S DETROIT BUSINESS SPECIAL TO CRAIN’S DETROIT BUSINESS The need for efficiency under Communities may get some help Largest IT companies, health care reform may be lead- JEFF JOHNSTON/CDB from Lansing in managing and im- ing to a wave of consolidation and proving one of the most critical largest architectural firms, the possible entry of more for- people covered by Medicaid and and costly pieces of their infra- Pages 18, 19 profit health care companies into those newly insured in 2014. structure — their aging sewer sys- Michigan. Other changes under reform in- tems. Crain’s reported Sept. 16 that clude hospitals working with On the move in the Legislature This Just In Beaumont Health System has been physicians and other providers to are bills that would take about $654 approached by for-profits Van- contract as accountable care or- million remaining from a $1 billion ganizations. ACOs have the po- environmental bond passed by vot- 2 area defense contractors guard Health Systems Inc. -
Jan Feb 2012 HR.Pdf
SPECIAL LEADERSHIP ISSUE: 11 Leading Health System CEOs Share Goals for 2012 p. 18 INSIDE Building on a Legacy of Exceptional Care Q&A With Mass General Hospital Review Hospital President BUSINESS & LEGAL ISSUES FOR HEALTH SYSTEM LEADERSHIP Dr. Peter Slavin p. 22 January/February 2012 • Vol. 2012 No. 1 Hospital Leadership is The Year Ahead: 40 of the a Culture, Most Powerful Not a Person 12 Challenges and Q&A With LifePoint Hospitals People in CEO Bill Carpenter p. 24 Opportunities for Hospitals in 2012 Healthcare Leadership By Rachel Fields By Molly Gamble Lessons From As some states challenge the Affordable “Little” Failures It may be difficult to believe, but 2012 means hospitals are only in the Care Act in court, others are pushing Q&A With Health Management second year of healthcare reform. Many call this time one of uncertainty, implementation of regulations under Associates CEO Gary Newsome which is true, but it also presents great opportunity for innovation, change the federal reform law. The healthcare p. 34 and growth. Some concepts of healthcare reform that once seemed novel industry in 2011 is a fragmented and fascinating place. Here are 40 people continued on page 8 Finances in the who have been instrumental in shap- Era of Population ing healthcare policy, trends and debate Health over the last year. Q&A With Kevin Lang and Steve 10 Ways for Hospitals and Mohr of Loma Linda University Mark T. Bertolini. Mark Bertolini is Medical Center p. 44 Health Systems to Increase chairman, CEO and president of Aet- na, a health insurance company with INDEX Profitability in 2012 more than $34 billion in 2010 revenue, a workforce of more than 34,000 and By Bob Herman Hospital-Physician operations in North America, Asia, Eu- Relationships & ACOs p. -
Morningstar® Document Research℠
Morningstar® Document Research℠ FORM 10-K TENET HEALTHCARE CORP - THC Filed: February 24, 2014 (period: December 31, 2013) Annual report with a comprehensive overview of the company The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K x Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2013 OR o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to Commission File Number 1-7293 TENET HEALTHCARE CORPORATION (Exact name of Registrant as specified in its charter) Nevada 95-2557091 (State of Incorporation) (IRS Employer Identification No.) 1445 Ross Avenue, Suite 1400 Dallas, TX 75202 (Address of principal executive offices, including zip code) (469) 893-2200 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common stock, $0.05 par value New York Stock Exchange 7 9 8% Senior Notes due 2014 New York Stock Exchange 1 9 4% Senior Notes due 2015 New York Stock Exchange 7 6 8% Senior Notes due 2031 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. -
Federal Register/Vol. 63, No. 75/Monday, April 20, 1998/Notices
Federal Register / Vol. 63, No. 75 / Monday, April 20, 1998 / Notices 19495 advice, pursuant to § 225.28(b)(9) of FEDERAL TRADE COMMISSION 7A(b)(2) of the Act permits the agencies, Regulation Y. in individual cases, to terminate this Granting of Request for Early Board of Governors of the Federal Reserve waiting period prior to its expiration Termination of the Waiting Period System, April 15, 1998. and requires that notice of this action be under the Premerger Notification Rules published in the Federal Register. Jennifer J. Johnson, The following transactions were Deputy Secretary of the Board. Section 7A of the Clayton Act, 15 granted early termination of the waiting [FR Doc. 98±10367 Filed 4±17±98; 8:45 am] U.S.C. 18a, as added by Title II of the period provided by law and the BILLING CODE 6210±01±F Hart-Scott-Rodino Antitrust premerger notification rules. The grants Improvements Act of 1976, requires were made by the Federal Trade persons contemplating certain mergers Commission and the Assistant Attorney or acquisitions to give the Federal Trade General for the Antitrust Division of the Commission and the Assistant Attorney Department of Justice. Neither agency General advance notice and to wait intends to take any action with respect designated periods before to these proposed acquisitions during consummation of such plans. Section the applicable waiting period. TRANSACTION GRANTED EARLY TERMINATION ET date Trans. No. ET req status Party name 30±MAR±98 ........................ 19981991 G Mr. Francois Pinault. G Brylane Inc. G Brylane Inc. 19982054 G Metropolitan Life Insurance Company. G Jay L. -
Assessing Responses to Increased Provider Consolidation in Three Markets: Detroit, Syracuse, and Northern Virginia
Assessing Responses to Increased Provider Consolidation in Three Markets: Detroit, Syracuse, and Northern Virginia By Sabrina Corlette, Jack Hoadley, Katie Keith, and Olivia Hoppe November 2018 Table of Contents Introduction and Approach . 1 Conclusion . 4. Case Study: Detroit . 5 . Case Study: Syracuse . 10. Case Study: Northern Virginia . 16 . Acknowledgments . .22 . Assessing Responses to Increased Provider Consolidation Introduction and Approach Rising health care prices have increased concerns Insurers—under pressure from employer purchasers and about hospital and health system consolidation policymakers to keep costs affordable while maintaining among policymakers, regulators, employers, and other health care quality—are thus exploring a range of strategies purchasers of health coverage . Although merging to counter provider consolidation in their markets . The ability hospitals and health systems claim they can achieve to implement and successfully deploy these strategies can greater efficiencies through their consolidation, the vary significantly, depending on the market in which insurers economic literature almost universally finds that hospitals are operating . that merge have prices above those of surrounding In a series of six market-level, qualitative case studies, hospitals .1 More broadly, markets with increased levels we assess the impact of recent provider consolidations of provider concentration, regardless of the reason, tend and overall provider concentration, the ability of market to see higher prices .2 Indeed, increases in hospital prices participants (and, where relevant, regulators) to respond have been a key factor driving the growth of commercial to those consolidations, and effective strategies for health insurance costs over the past decade .3 constraining cost growth while maintaining clinical quality . As prices have risen, employers have shifted an ever Our case studies focus on the commercial insurance greater share of the costs to employees . -
Morningstar® Document Research℠
Morningstar® Document Research℠ FORM 10-K405 TENET HEALTHCARE CORP - THC Filed: August 27, 1999 (period: May 31, 1999) Annual report filed under Regulation S-K Item 405 (Discontinued) The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ FORM 10-K /X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED MAY 31, 1999. OR / / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . COMMISSION FILE NUMBER: I-7293 ------------------------ TENET HEALTHCARE CORPORATION (Exact name of Registrant as specified in its charter) NEVADA 95-2557091 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3820 STATE STREET 93105 SANTA BARBARA, CALIFORNIA (Zip Code) (Address of principal executive offices) AREA CODE (805) 563-7000 (Registrant's telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: TITLE OF EACH CLASS NAME OF EACH EXCHANGE ON WHICH REGISTERED Common Stock................................................... New York Stock Exchange Pacific Stock Exchange Preferred Stock Purchase Rights................................ New York Stock Exchange Pacific Stock Exchange 9 5/8% Senior Notes due 2002................................... New York Stock Exchange 7 7/8% Senior Notes due 2003.................................. -
Itdothealth II the Meeting at Harvard on a Health Information Technology Platform
ITdotHealth II The Meeting at Harvard on a Health Information Technology Platform SEPTEMBER 10-11, 2012 COUNTWAY LIBRARY OF MEDICINE MINOT ROOM, 5TH FLOOR 10 SHATTUCK ST. BOSTON, MA 02115 S: Agenda Monday, September 10, 2012 11:00am Lunch, Networking Ballard/Lahey Rooms 1:00pm Introduction Minot Room Kenneth Mandl Director, Intelligent Health Lab, Boston Children’s Hospital Infor- matics Program; Associate Professor, Harvard Medical School 1:15pm Making EHR Apps Substitutable: Theory & Experience Minot Room Joshua Mandel Lead Architect, SMART Platforms; Research Faculty, Boston Chil- dren’s Hospital Informatics Program; Instructor, Harvard Medical School 1:45pm Apps & APIs: Innovating With and Around Vendor and Homegrown EHRs Minot Room Moderator: Brian Athey Chair, University of Michigan Medical School, Depart- ment of Computational Medicine and Bioinformatics; Professor, UM Med- ical School Howard Goldberg Senior Corporate Manager, Partners Health Care; Lecturer, Har- vard Medical School John Halamka Chief Information Officer, Beth Israel Deaconess Medical Center; Co-Chair, National Health IT Standards Committee; Professor, Harvard Medical School John Hutton Director of Biomedical Informatics, Cincinnati Children’s Hospital; Professor, University of Cincinnati College of Medicine John Mattison Chief Medical Information Officer, Kaiser Permanente 3:00pm Keynote Address: “Data, Predictions, and Decisions: On Computational Futures Minot room for Evidence-Based Healthcare” Eric Horvitz Distinguished Scientist & Deputy Managing Director, -
Internship Positions Nationwide
Internship Positions Nationwide Some Potential Internships found online (Paid and Unpaid) Google https://www.google.com/about/careers/students/business-internships/ Pepsi Co. http://www.pepsicojobs.com/campus_recruiting Procter & Gamble http://us.pgcareers.com/students/internships-co-ops/ Nordstrom http://about.nordstrom.com/careers/#/student-center/main Major League Baseball http://chicago.cubs.mlb.com/mlb/help/jobs.jsp?c_id=chc Nike http://jobs.nike.com/article/internships Apple http://www.apple.com/jobs/us/students.html Microsoft https://careers.microsoft.com/students/internships Viacom http://www.viacomcareers.com/internships.html National Football League http://www.nfl.com/careers/internships Caterpillar http://www.caterpillar.com/en/careers/career-areas/college/unitedstates/intern- program.html Fortune 500 Internship Programs 1) Exxon Mobil http://www.exxonmobil.com/USA-English/HR/careers_campus.aspx 2) Wal-Mart Stores https://jobs.walmart.com/us/jobs?keywords=Internship&page=1 3) Chevron http://careers.chevron.com/students/internship_programs/default.aspx 4) ConocoPhillips http://careers.conocophillips.com/university-recruitment/ 5) General Motors http://careers.gm.com/student-center.html 6) General Electric http://talent.gecareers.com/university 7) Berkshire Hathaway https://www.bhhc.com/careers/career-opportunities/internship-opportunities.aspx 8) Fannie Mae http://fanniemae.com/portal/careers/students.html 9) Ford Motor https://corporate.ford.com/careers/students-and-recent-grads.html 10) Hewlett-Packard http://www8.hp.com/us/en/jobsathp/students-graduates/programs/internship- opportunities.html 11) AT&T http://att.jobs/careers/college 12) Valero Energy https://www.valero.com/en-us/Careers 13) Bank of America Corp. https://campus.bankofamerica.com/ 14) McKesson http://www.mckesson.com/en_us/McKesson.com/Careers/Campus%2BRecruiting/Interns.html 15) Verizon Communications http://www22.verizon.com/jobs/campus.html 16) J.P. -
THOMAS F. FRIST, JR., MD in First Person
THOMAS F. FRIST, JR., M.D. In First Person: An Oral History American Hospital Association Center for Hospital and Healthcare Administration History and Health Research & Educational Trust 2013 HOSPITAL ADMINISTRATION ORAL HISTORY COLLECTION THOMAS F. FRIST, JR., M.D. In First Person: An Oral History Interviewed by Kim M. Garber On January 17, 2013 Edited by Kim M. Garber Sponsored by American Hospital Association Center for Hospital and Healthcare Administration History and Health Research & Educational Trust Chicago, Illinois 2013 ©2013 by the American Hospital Association All rights reserved. Manufactured in the United States of America Coordinated by Center for Hospital and Healthcare Administration History AHA Resource Center American Hospital Association 155 North Wacker Drive Chicago, Illinois 60606 Transcription by Chris D‘Amico Photos courtesy of the Frist family, HCA, the American Hospital Association, Louis Fabian Bachrach, Micael-Renee Lifestyle Portraiture, Simon James Photography, and the United Way of Metropolitan Nashville EDITED TRANSCRIPT Interviewed in Nashville, Tennessee KIM GARBER: Today is Thursday, January 17, 2013. My name is Kim Garber, and I will be interviewing Dr. Thomas Frist, Jr., chairman emeritus of HCA Holdings, Inc. In the 1960s, together with his father, Dr. Thomas Frist, Sr., Dr. Frist conceived of a company that would own or manage multiple hospitals, providing high quality care and leveraging economies of scale. Founded in 1968, the Hospital Corporation of America, now known as HCA, has owned or managed hundreds of hospitals. Known as the First Family of Nashville, the Frists have made substantial contributions to Music City through their work with the Frist Foundations and other initiatives. -
The Essential Correlation Between Capital Formation and the Building of Value Metrics in Acos
www.HealthFinanceJournal.com The Journal of Health Care Finance Fall 2015 The Essential Correlation Between Capital Formation and the Building Of Value Metrics in ACOs Robert James Cimasi, MHA, ASA, FRICS, MCBA, CVA, CM&AA HEALTH CAPITAL CONSULTANTS St. Louis, Missouri Todd A. Zigrang, MBA, MHA, FACHE, ASA HEALTH CAPITAL CONSULTANTS St. Louis, Missouri I. ABSTRACT As the U.S. healthcare delivery system continues to evolve from a volume-driven payment system toward an outcome-centered, value-based reimbursement system, developing a sustainable financial model is vital and will necessitate complex, detailed analyses of the challenges and opportunities involved in supporting the investment in a new accountable care organization (ACO). Since the passage of the Affordable Care Act (ACA) in 2010, the number of emerging healthcare organizations, such as ACOs, which have developed to address this shift to value-based purchasing, has grown from 41 to over 600.1 Healthcare decision makers seeking to establish an ACO are well served by first developing a financial plan that will afford the organization adequate capital funding necessary for both the ACO’s initial capital investment and for working capital to finance ongoing operations until the new ACO generates sufficient revenues to become self-sustaining. This paper provides an overview of the capital concepts related to the investment categories pertinent to the development of ACOs, as well as, the decision-making process involved in attracting, structuring, allocating, and budgeting the requisite capital. It also presents the concept of value metrics with a discussion of cash flows and feasibility analysis, and the various analytical methods related to determining the financial feasibility of, and value in, developing an ACO. -
For Immediate Release Thursday, Sept. 25, 2003 Grassley
For Immediate Release Thursday, Sept. 25, 2003 Grassley Expresses Concern Over Tenet’s Commitment to Meaningful Reforms WASHINGTON – Sen. Chuck Grassley, chairman of the Committee on Finance, today expressed concern that the Tenet Healthcare Corporation may not be conducting the reforms necessary to ensure taxpayers and Medicare beneficiaries of the proper use of tax dollars and the appropriate treatment of Medicare beneficiaries in the future. Grassley sent a detailed letter to Tenet’s new chairman of the board outlining a series of management changes that do not appear to substantially affect the structure that led to hundreds of lawsuits and numerous investigations into alleged patient deaths and complications due to unnecessary angioplasties, coronary bypasses, and heart catheterizations at Tenet’s Redding Medical Center, as well as the billing of Medicare for apparently unnecessary services. Earlier this month, Grassley sent a detailed document request to the company seeking information about these allegations and its use of federal health care dollars. Referring to the company’s statement that “until we have made good on these promises, these are only words,” Grassley said, “I couldn’t agree more with that characterization.” The text of today’s letter follows. September 26, 2003 VIA FACSIMILE: (805) 563-7070 ORIGINAL BY U.S. MAIL Mr. Edward A. Kangas Chairman Tenet Healthcare Corporation 3820 State Street Santa Barbara, CA 93105 Dear Mr. Kangas: By letter dated, September 5, 2003, the Senate Finance Committee (Committee) advised Mr. Trevor Fetter, then Acting Chief Executive Officer and President, Tenet Healthcare Corporation (Tenet), that the Committee is investigating Tenet’s corporate governance practices with respect to federal healthcare programs. -
Research Industry Sector Assignments
Research Industry Sector Assignments As of September 1, 2011 Capital Structure Analysis Edward P. Mally, CFA Head of Institutional Research Group, Chemicals, Distressed/Special Situations Mary Ross Gilbert, CFA Consumer/Retail, Food/Restaurants Kevin Cohen, CFA Paper/Forest Products/Packaging, Metals/Mining, Homebuilders, Publishing/Printing/Internet Douglas J. Dieter Healthcare LOS ANGELES 2000 Avenue of the Stars Gregg Klein Gaming/Lodging/Leisure Los Angeles, CA 90067 Randy Laufman, CFA Convertibles, Distressed/Special Situations (310) 246-3700/(800) 929-2299 Andrew Casella, Chemicals, Paper/Forest Products/Packaging Associate NEW YORK Anthony Esposito, Healthcare 277 Park Avenue Associate New York, NY 10172 Matthew McRoskey, Consumer/Retail, Food/Restaurants (212) 351-9700/(800) 371-7078 Associate SAN FRANCISCO 55 2nd Street San Francisco, CA 94105 (415) 615-4000 Capital Structure Analysis (Desk) Kurt M. Hoffman Distressed/Special Situations MINNEAPOLIS Brad Bryan Distressed/Special Situations 60 South Sixth Street Matt Kaplan Distressed/Special Situations Minneapolis, MN 55402 (612) 333-0130 BOSTON 101 Arch Street Industry Analysis (Equities) Boston, MA 02110 Jonathan Richton Aerospace and Defense (617) 478-7600/(888) 479-9696 Michael Kim Business Services and Security Matthew Farwell, CFA Clean Energy CHICAGO Lee Giordano, CFA Consumer/Retail 200 South Wacker Drive Chicago, IL 60606 Mike Jones Energy, Exploration and Production (312) 674-4713 Anil Gupta Media and Telecommunications www.imperialcapital.com Member