PeaceHealth hires new CEO to take helm of $2B hospital system

http://www.bizjournals.com/portland/blog/health-care-inc/2015/08/peacehealth-hires-new-ceo-to-take-helm-of-2b.html?ana=e_ptl_hc&u=FAuoHGaGEPdmk4X6khnaiw045b16af&t=1439741090

Liz Dunne will take over the PeaceHealth hospital system in November.

PeaceHealth has a new president and CEO. Elizabeth Dunne, who is currently an executive with Providence Health & Services in California, will join the Vancouver, Washington-based hospital system on Nov. 1. When she takes the helm, Dunne will be responsible for all operations in the $2 billion system, including 10 hospitals, an 800-member multi-specialty group practice and a research laboratory.

More hospital systems jump on urgent care bandwagon

http://www.fiercehealthcare.com/story/more-hospital-systems-jump-urgent-care-bandwagon/2015-08-13

Urgent Care

More hospitals and health systems plan to join the retail healthcare movement and open urgent care centers in response to consumer demand for faster and convenient access to care.

Nonprofit hospitals should remain tax-exempt

http://www.crainsnewyork.com/article/20150811/OPINION/150819989/nonprofit-hospitals-should-remain-tax-exempt

Community Benefit

Two hospital-industry leaders say an op-ed writer got it all wrong when he proposed that New York’s nonprofit hospitals should be required to pay property taxes.

New York’s hospitals are businesses, and should be taxed like them

http://www.crainsnewyork.com/article/20150723/OPINION/150729970/new-yorks-hospitals-are-businesses-and-should-be-taxed-like-them

Money Physician

Technically nonprofits, our hospitals make millions, compensate their executives handsomely and receive subsidies without paying a dime in taxes.

Large nonprofits seeing better margins as smaller hospitals struggle, Fitch report says

http://www.healthcarefinancenews.com/news/large-nonprofits-seeing-better-margins-smaller-hospitals-struggle-fitch-report-says?mkt_tok=3RkMMJWWfF9wsRohvajJZKXonjHpfsX57u4rUa6zlMI%2F0ER3fOvrPUfGjI4JTsthI%2BSLDwEYGJlv6SgFQ7LHMbpszbgPUhM%3D

Overall, the median for cash on hand grew to 203 days, compared to 193.9 days in 2013, driven by strong investment returns, capital expense management and an aggressive focus on cash collection, the report said.

Mergers, integration benefits the big guys, report says.