Fort Worth Hedge Fund Incites Hospital Operator Investigation Into Spinoff Disclosures

Hospital operator Quorum Health Corp., based in Brentwood, Tenn., has launched an investigation to determine whether it provided acceptable disclosure to investors prior to its spinoff after a Fort Worth-based investor wrote to Quorum’s board. According to Reuters, one of Quorum’s investors, hedge fund Q Investments LP of Fort Worth, wrote to Quorum’s board in October alleging that “debt-laden Community Health Systems duped Quorum investors.” In its letter, Q Investments also told Quorum, which currently owns or leases 36 hospitals, that it should launch an investigation. The letter says, “We believe Community Health was desperate to raise cash, and they… Full Story

Compliance 101: Your Plan Should Increase Office Efficiency and Transparency. Does It?

Although patient confidentiality is an important piece of compliance practice standards, a compliance plan addresses much more. An effective compliance plan helps an office run more smoothly from check-in to check-out and for patient care. And it also helps open lines of communication to encourage whistle-blowing that protects your practice. Full Story

Report: In Age Of Reform, Insurance Companies Bet On Public Plans Instead Of Commercial

In the age of healthcare reform and hospital consolidation, insurers have begun to hone in on taxpayer-funded plans to shore up revenue. Modern Healthcare takes a look at the SEC filings for some of the nation’s largest payers, finding that “the industry is creatively maneuvering into new lines of business.” Full Story

Dallas Regional Chamber Meeting Shines A Light On Healthcare Costs

A study released late last year pegs Dallas as one of the nation’s most expensive cities to have a procedure performed among both Medicare recipients and patients who are insured through a private plan. The city is one of the rare exceptions where Medicare and private spending are very similar—the one problem being they’re also both exceedingly high. Dallas is the 34th highest in the nation for Medicare spending and the 40th highest for private insurance. According to a New York Times report, there are few cities with a discernible correlation between Medicare and private spending, a fact that seems… Full Story