Morning Briefing
Summaries of health policy coverage from major news organizations
Court Says Challenge To Florida Hospital Plan Can Go Ahead
Ruling against state health regulators, an appeals court Thursday said a Baker County hospital can challenge plans for a Jacksonville medical center that could become a competitor. The 1st District Court of Appeal, in a 16-page ruling, sided with Baker County's Ed Fraser Memorial Hospital in a dispute that centers on a state decision in 2010 to issue what is known as a "certificate of need" for West Jacksonville Medical Center. (10/15)
Nine months after supporters and protesters clashed outside public hearings held to discuss the proposed sale of the Daughters of Charity Health System to a controversial Southern California firm, the mood on Thursday at O'Connor Hospital couldn't have been more different. In their first chance to comment on a New York City-based hedge fund's interest in salvaging the struggling Catholic hospital system, a few dozen O'Connor employees, local residents and others calmly addressed the pros and cons of the transaction to state regulators for two hours. (Seipel, 10/15)
A trio of Texas hospitals sued the U.S. Department of Health and Human Services Monday for granting a rival, physician-owned hospital an exception from federal law allowing it to double in size. The U.S. Affordable Care Act largely banned new physician-owned hospitals over concerns about conflicts of interest that may arise when doctors refer patients for services at hospitals in which they have a financial interest. (Pierson, 10/14)
And hospital shares dip after a key hospital chain missed earnings' estimates --
Hospital chains’ shares dropped after industry leader HCA Holdings Inc. released preliminary third-quarter results that missed analysts’ estimates. While inpatient and emergency room admissions rose, the proportion of uninsured patients and labor costs also increased, HCA said. The company also admitted a lower rate of privately insured patients who provide its strongest revenue, said Sheryl Skolnick, an analyst with Mizuho Securities USA Inc. (Lauerman, 10/15)