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Mortgage Blog

Fairfield Medical Center ended 2018 with a $22.8 million operating loss, which the CFO sees as a one-time anomaly due mainly to the expense of installing and activating a new electronic medical records system.

Full-year revenue declined by less than 1 percent to $282.4 million, while expenses rose by 7 percent for the Lancaster health system. Declining outpatient volume and a spike in drug costs also were factors.

“The system has enough reserves that one-time investments can occur,” CFO Sky Gettys…

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When Brent Shafer was named CEO of Cerner Corp. a year ago, he seemed to have a personality as big as the title he’d assumed. Yet, after a big introduction, Shafer was relatively quiet for months.

But Shafer appears ready to step into the spotlight, recently rolling out what Cerner is billing as a new operating model. The new strategy is one of a handful of developments with big players and big stories that you need to know about.

1. Health care’s next step — Cerner’s new operating model…

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Grandori's company SEngine, is preparing for a future in which cancer is not going to be treated according to cancer type – like breast or colon – but it will be treated based on its genetic underpinning.

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Helping people is the goal of the companies on the Life Sciences List. But doing so comes with a cost.

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One of the largest financial planning firms in Western New York has a new chief executive officer.

In late January, James Fashano formally succeeded his father Robert to become CEO of Alliance Advisory Group Inc. James Fashano will continue in his role as president, while his father will continue to serve as chairman of the 40-year-old company.

Alliance Advisory Group is the eighth-largest financial planning firm in the region, based on $2.25 billion in assets under Western New York Management.…

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In treating a stroke, minutes — and even seconds — matter to preserve neurons that are vital to motor function and preserving life.

The University of Tennessee Health Science Center’s (UTHSC) Mobile Stroke Unit, a veritable “emergency room on wheels” with hospital-grade CT imaging technology, helps lessen the time period between when a call is made about a stoke to a patient getting treatment.

The Mobile Stroke Unit launched in 2016, with more than $3 million for up to three years…

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A Sarasota compounding pharmacy and its owners will pay at least $775,000 to resolve claims that they paid kickbacks to a third-party marketing company to lure prospective patients for prescriptions regardless of patient need.

The payment by Vital Life Institute, formerly known as AgeVital Pharmacy, and its owners Jenny and William Wilkins, resolves claims that they violated the False Claims Act by engaging in an illegal kickback scheme to induce the referral of compounded drug prescriptions for…

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The Medicaid funding package advanced out of the Joint Committee on Ways and Mean and now heads to the House floor.

Two Republicans on the committee expressed concerns about the impact of the proposed premium tax on small businesses. On the other hand, they said they recognized the need to support smaller hospitals in rural counties, where close to a third of the population is on Medicaid.

Rep. Mike McLane, a Republican from Powell Butte, said more consideration should have been given to amendments…

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It was another year of improvement and success for Kansas City's Healthiest Employers.

The best of the best were recognized for their commitment to overall employee well-being by the Kansas City Business Journal on Thursday morning at Sheraton Overland Park.

In addition to celebrating all 23 companies that were selected as honorees, we also announced the top-scoring company in each size category.

The top-scoring companies were:

Pro Athlete Inc. (5-99 employees)
A.B. May (100-499 employees)

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The Business Journal spoke to the president of Wolfson Children’s Hospital about how Wolfson’s staff communicates effectively and if the recent government shutdown impacted the hospital.

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