A recent bankruptcy case in Southern California has raised significant questions about the limits, if any, on the power of state governments in approving or rejecting sales of assets of not-for-profit healthcare industry entities. With Congress focused on repealing the Affordable Care Act (ACA),...
Over the past decade, hospitals have been busy acquiring physician practices. This article provides an overview of this trend, considers the reasons behind it, describes some risk factors relating to this shift toward physician employment, and then suggests some safeguards for health systems and...
In most industries, certain commonalities in business operations make it possible for an outsider to learn the fundamentals reasonably well in a relatively short period of time. There is, however, one industry that seems to be struggling right now where this is not the case—healthcare. For...
As healthcare facilities reorganize, re-engineer, or otherwise optimize their revenue cycle management, an unfortunate by-product is a checklist of potentially hazardous oversights encountered in the field. A rural community hospital, for example, experienced major cash flow shortages that turned...
The healthcare transaction environment is unique in many respects, compared to most other industries, making it challenging to understand for the casual observer and experienced professional alike. Depending on the buyer and seller, geographic location, and type of business, there are a myriad of...
If insolvency and healthcare were elements on the periodic table, the isotope resulting from their combination would be highly unstable. Healthcare differs from other economic sectors because of the regulatory climate that pervades every aspect of the industry. Many industries are highly regulated...