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Biomedical subjects

J Nemes

Publications and source records attributed to J Nemes.

At least 253 records · Page 14Linked to original sources

Program allows Ill. providers to cash in Medicaid receivables.

The Illinois Health Facilities Authority soon will start a $100 million commercial paper program that will use a pool of Medicaid receivables from hospitals and nursing homes to back the issue. The plan is designed to provide money to improve cash flow at facilities facing long delays in reimbursement for Medicaid patients.

Accounts Payable and Receivable↗

GE tax-exempt lease plan saves time, money.

A new tax-exempt lease financing program in Massachusetts is expected to save the state's hospitals time and money when they acquire medical equipment from GE Medical Systems. GE is looking to expand the program to other states, and it could serve as a model for other equipment manufacturers.

Capital Financing↗

'Prepackaged' bankruptcy wraps up process quickly.

Charter Medical Corp. has joined a small group of companies that have turned to prepackaged bankruptcy plans to quickly and efficiently restructure debt. By reaching agreements with creditors before going to court, distressed companies can shorten the time it takes to emerge from bankruptcy and greatly reduce expensive professional fees.

Bankruptcy↗

System's pension-plan consolidation pays off.

A couple of years after Daughters of Charity National Health System merged its 54 pension plans into one fund, the payback is proving the arduous process was worthwhile. An in-house study shows the 36-hospital system's consolidated fund is saving almost $2 million per year in administrative expenses, including reduced insurance premiums and managers fees. Experts see a growing trend of consolidation.

Centralized Hospital Services↗