Mergers Seen as Key to Survival for Community Hospitals

As a representative example of nationwide developments, Community Memorial Healthcenter (CMH) in South Hill, Virginia, is merging with a large partner, Virginia Commonwealth University Health System. The merger, which was announced earlier this month, reflects a...

Mergers & Acquisitions Continue to Increase

In a report released April 10, consulting firm Kaufman Hall indicated that M&A activity among hospitals and health systems continues to increase. During 2013, there were 98 mergers and acquisitions, up three percent over 2012, but up 51% compared to 2010. In their...

How Hospital CEOs are Responding to the Affordable Care Act

In a recent study conducted by L.E.K. Consulting, approximately 150 hospital CEOs and other senior decision makers were asked how they expected to respond to the Affordable Care Act. Their answers indicated they were planning to implement the following strategies: 69...

Innovative, High-Performing Hospitals

Numerous firms are in the business of ranking hospitals (U.S. News & World Report, Healthgrades, Truven Health Analytics, LeapFrog Group, American Nurses Credentialing Center, etc.). Recently, Becker’s Hospital Review analyzed all of these sources and other data...

Hospitals to Increase Focus on Executive Compensation

At the ACHE “Congress on Healthcare Leadership” this week, a key presentation discussed the issues surrounding increased scrutiny of executive compensation. The presenters, F. Kenneth Ackerman Jr. and David A. Bjork, chairman and senior vice president at Integrated...

2014 Compensation Trends for Hospital Executives

According to a 2013 survey co-sponsored by the American Society for Healthcare Human Resources Administration, CEOs of independent health systems earned a median salary of $750,000, while CEOs at subsidiary health systems earned a median figure of $539,000. CFOs at...