Mercy Hospital shifts funds from ER to primary care networks
Moody's notes a nationwide trend of hospitals moving money from the emergency room to clinics ambulatory and home care. Mercyreports 2012 revenue of over 290 million, expenses 273 million, net income 21 million, with operating margin 3.6 percent and 118 million debt. The move coincides with a 50 million EMR investment and Hall-Perrine Cancer Center work.
MENTIONED IN THIS ARTICLE
Mercy
Moody’s
Mercy’s
GuideStar
VanGenderen
Hall-Perrine Cancer Center
Mercy Medical Center
Nathan VanGenderen
Moody's outlines hospital credit ratings and limits
Moody's Investors Service explains how non profit hospitals and health systems receive ratings from C to Aaa with numeric modifiers. It notes Aaa has never been issued and that volatility in health care makes an Aaa rating unlikely. Contact: (319) 398-8331, chelse.
MENTIONED IN THIS ARTICLE
Moody’s Investors Service
Moody’s
Chelse
St. Luke's Pharmacy growth tied to UnityPoint Health links
St. Luke's Pharmacy profits rise as it acquires Madison based Meritor Health Services and Physicians Plus Insurance Corp now a UnityPoint direct subsidiary. The system carries 934 million in debt with 3.6 billion annual revenue and 4.8 billion in assets while planning a 10 000 square foot radiation therapy facility open by late 2015.
MENTIONED IN THIS ARTICLE
Madison
Wis
Becker’s Healthcare
Becker’s Hospital Review
UnityPoint Health
UnityPoint
St. Luke’s
Annan
Cedar Rapids flood protection gains congressional backing
Iowa officials hailed congressional support for WARDA flood protection for Cedar Rapids after years of planning and funding battles. The conference report backs nine flood risk projects including Cedar River work, with Senate action possible next week and fiscal year funding beginning Oct 1 2015.
MENTIONED IN THIS ARTICLE
Congress
Angie Charipar
Cedar River
Cedar Rapids
Ron Corbett
Jeff Pomeranz
Pomeranz
Corbett
Iowa
U.S
Tom Harkin
Charles Grassley
Washington, D.C
Jill Gerber
Grassley
Senate
Harkin
Bruce Braley
Braley
Quaker Oats
Army Corps of Engineers
Congressional Conference Committee
Gazette News Tip Line Contacts
The notice provides phone numbers for The Gazette News Tip Line in Cedar Rapids Iowa City and statewide reach callers may report tips or information regarding news events. The Cedar Rapids line is (319) 398-8254 and the Iowa City line is (319) 339-3155. An additional toll free number is 1 800 397 8212.
MENTIONED IN THIS ARTICLE
Gazette
Cedar Rapids
Iowa City
Also Mentioned on This Page
Chelsea
Sourcemedia
Justin van
the Gazet
St. Luke’s Pharmacy
St. Luke's
Milt Annan
St. Luke’s Hospital
Aunan
Ircemedia.net
Des Moines
Raccoon Rivers
Rick.smith
Sourcemedia.net
Retwee
Stewart Baxter
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