The nonprofit owner of Southern Regional Medical Center in Riverdale announced late Thursday that it has filed for Chapter 11 reorganization in U.S. Bankruptcy Court in the Northern District of Georgia.
A media release announcing the filing emphasized that Clayton County’s lone hospital will remain open and operating while Southern Regional Health System officials consider a proposed sale of the medical center to a California-based nonprofit.
Southern Regional said it will fulfill its obligations to its employees and vendors, and continue to deliver high-quality medical care. The organization also said it has obtained a commitment for post-bankruptcy financing.
Last week, Prime Healthcare Foundation signed a letter of intent to acquire the 331-bed Riverdale hospital.
Southern Regional Medical Center, reeling from a heavy load of uncompensated care, has been in danger of closing its doors. full story
Atlanta’s Northside Hospital has acquired 22 medical imaging centers in Georgia, expanding its reach in outpatient services.
Northside Hospital in Atlanta
The purchase of MedQuest’s centers in the state brings Northside’s total of imaging centers to 56 in North and Central Georgia.
“We’re committed to a strong outpatient infrastructure,’’ Lee Echols, vice president of marketing and communications for Northside, said Thursday. “The growth of outpatient services is absolutely dramatic.’’
The acquisition price was not disclosed. MedQuest, headquartered in the northern Atlanta suburb of Alpharetta, is a subsidiary of North Carolina-based Novant Health. full story
When signing the bill creating Medicare and Medicaid 50 years ago, President Lyndon B. Johnson held the ceremony in Independence, Missouri, where former President Harry Truman lived.
Truman, who had pushed unsuccessfully for national health insurance during his own presidency, was at LBJ’s side during the signing. (And in one of those of odd coincidences of U.S. political history, the two presidents from different eras would die less than a month apart in the early 1970s.)
President Lyndon Johnson signs the Medicare bill into law while Harry Truman (seated) looks on.
The decades-long push to create the two health insurance programs was like “a long-distance run,’’ said Dr. David Satcher, a former U.S. surgeon general, at a Carter Center forum Wednesday.
Satcher added that it was also “like a relay race,’’ noting that Truman handed off the “baton’’ of national insurance to LBJ.
This week, federal officials along with many health care and community organizations are marking the 50th anniversary of Medicare and Medicaid, created July 30, 1965. full story
About 3,000 Georgians have been told that some of their health information was inadvertently disclosed.
The data breach affected clients in the Community Care Services Program, which helps people at risk of nursing home placement to remain in their communities.
The program is managed by the Department of Human Services Division of Aging Services, in partnership with Georgia’s 12 Area Agencies on Aging. Overall, CCSP serves about 9,500 people.
The problem involved the unintentional disclosure of certain health diagnoses of program participants through an email to a contracted provider. full story
Anthem’s agreement to buy Cigna for $48 billion, if consummated, would cement the dominant position of Georgia’s leading health insurer.
The insurer deal, announced Friday, follows the merger agreement announced earlier this month between two other insurance heavyweights, Aetna and Humana. And both fit into the picture of fast-paced consolidation across the health care industry, partly driven by changes from the Affordable Care Act.
If both consolidations are approved by regulators and shareholders, the national effect would be huge, with the number of large, for-profit health insurers shrinking from five to three.
Indianapolis-based Anthem is the parent company of Blue Cross and Blue Shield of Georgia, which is the big player in the Peach State, with about 3 million members here.
Cigna officials here could not be reached for comment, but one industry estimate put that insurer’s health plan and Medicare membership in Georgia at roughly 600,000. full story