For-profits miffed over bidding for Miss. facility.
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Biomedical subjects
Publications and source records attributed to S Lutz.
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While the junk bond market has been good to hospital companies this year--feeding them $2 billion through the sale of high-yield bonds--some say a post-election chill has cooled the junk bond fervor. One healthcare system, citing a "collapse" in the junk market, called off a $200 million hospital acquisition deal. However, many analysts say a recent slump in junk bond prices represents an oversupply of issues, not a market collapse.
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Home healthcare agencies might be able to make money under a Medicare prospective payment system, according to preliminary results from the first year of a three-year HCFA demonstration project. After a year, most of the 26 agencies in the project made a profit under the per-visit reimbursement system HCFA is testing. A per-episode of care system will be tested later next year.
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