Articles

Community tries to wring out another $100M

Community Health Network has already cut out more than $130 million in expenses since 2009, but it needs to cut more or find new revenue in order to offset rising levels of bad debt and charity care that have squeezed its profit margins.

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Obama hands employers free play on health insurance

The Obama administration’s one-year delay on enforcement of penalties against employers that fail to offer affordable health insurance gives employers the chance to cancel their benefits for the year and pocket a boatload of cash.

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Miami man pleads guilty to $90M Lilly drug heist

Thieves broke into the Connecticut warehouse of Indianapolis-based Eli Lilly and Co. in 2010 by scaling an exterior wall and cutting a hole in the roof. They lowered themselves to the floor and disabled alarms before using a forklift to load pallets of drugs into a getaway vehicle.

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Physician pay: What goes up must come down

Compensation in the most common physician specialties has been growing much faster than inflation for the past five years. Now, financially squeezed hospitals are set to reverse that trend.

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