Sometime during the next two to four years, the transition to the International Financial Reporting Standards (IFRS) will allow corporations, banks, accounting firms and other financial houses around the world to all speak the same language when discussing the bottom line. Read the article in it’s entirety.
Expanding outpatient services, beefing up physician ranks and improving quality are key priorities for Sonia Mehta, who acknowledges that her new job as CEO of Chicago’s Loretto Hospital won’t be easy. An internist who trained at West Suburban Medical Center in Oak Park, Dr. Mehta takes the reins of a 187-bed safety-net hospital on the West Side that aims to survive and thrive in an industry rife with consolidation as insurance carriers and government programs pressure providers to reduce costs.
In an election season where undecided voters were courted like last chance prom dates and political rhetoric was at an all time high (or low depending on your point of view), the growing number of voters who just wanted the election to be over included an unlikely, but massive block of businesses: health insurers.
Whether ambulatory surgery centers are looking into expansion projects or want to sell their ownership outright, refinancing is a very viable, and potentially lucrative, option for the future.