Fairview

By Tara Fugate

MNA Strategic Researcher

 

Something that still manages to shock a lot of people in the US is the growing number of similarities between nonprofits and for-profit hospitals. In 2013, 7 of the 10 most profitable hospitals in the country were classified as nonprofit. A 2013 study published in Health Affairs, examined factors contributing to hospital profitability. The study examined data from Medicare Cost Reports submitted by 2,993 acute care hospitals and produced a list of the top ten hospitals in the country with the highest profit from patient care (for fiscal year 2013).
… Read more about: Your Guide to the World of Nonprofit Finance-part 1  »

CentraCare

By Tara Fugate

MNA Strategic Researcher

Hospital and health system consolidation is a rapidly expanding trend across the country, and Minnesota is no exception. Many large and mid-sized health systems have been looking to privatize the state’s dwindling number of public hospitals, combine smaller non-profit systems, and also incorporate physicians’ groups and outpatient services into hospital systems. The driving arguments to lobby for these mergers are that larger entities can provide more integrated care and have the ability to make bigger financial investments to improve the quality of care via new tools, such as electronic health records systems. Many studies, however, have shown that price, cost and quality of care are not improved by mergers (see below for links).
… Read more about: Why Minnesotans Should Pay Attention to Hospital Consolidation  »

By Mathew Keller RN JD

Regulatory and Policy Nursing Specialist

This past January, Pocono Medical Center (“PMC”) in Pennsylvania announced plans of a merger with Lehigh Valley Health Network. As details became more apparent, it was obvious that staffing changes and layoffs connected to the merger would affect more than 100 PMC nurses.

It’s no surprise that the word “merger” has come to be associated with “restructuring,” and “restructuring” with “layoffs.” And if a merger between a single medical center and a larger health system can affect 100 nurses, how much larger of an impact could a merger of two giant systems, such as HealthEast and Fairview, have?
… Read more about: Will HealthEast-Fairview Merger Hurt Nurses?  »