The announcement of a U.S Justice Department investigation can be a nightmarish event for any company. But executives at IPC The Hospitalist Co. quickly calmed analysts and investors with a detailed explanation of the Medicare and Medicaid billing practices that concerned the U.S. Attorney’s Office for the Northern District of Illinois. Investigators on June 7 [...]
Archive for July, 2010
CEO of Community departs as consolidation approaches.
Last month’s departure of Ray Jankowski as chief executive of Community Hospital of Long Beach accelerated what may be the inevitable consolidation in the South Bay city’s hospital community. Following the departure, Community Hospital’s board agreed to have the owner of Long Beach Memorial Medical Center take over management of Community while ongoing merger negotiations [...]
More businesses self-insure for workers’ comp
More and more California employers are diving into pools. They’re not swimming, though. They’re getting workers’ compensation insurance. Taking advantage of a provision of the 2003 workers’ compensation reforms, they’re seeking lower rates and better service by self-insuring in industry groups. Take Chip Kurzeka, owner of Franklin’s Hardware in Woodland Hills. Not only has his [...]

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