Virginia Commonwealth University said today that VCU Health System and Children’s Hospital will meet with employees of the two organizations Wednesday to discuss the possibility of merging their operations. The two sides announced in March that they were in formal talks to explore the prospect of joint operations under the VCU Health System umbrella. The… Read more »
The locally-based medical supply company lost its contract with the Children’s Hospital of Philadelphia last week.
A Charlottesville health monitoring startup has moved to Innsbrook to be closer to Richmond’s airport and to tap a larger pool of employees.
Treating sick patients is a healthy business, or at least it was in 2008, the most recent year for which audited hospital financials are available. BizSense has the profits and margins at area hospitals, plus a brief salary list of some of the higher paid employees at Bon Secours.
Health-care and education jobs in Richmond have increased by 10 percent, the highest percentage growth in the country. The region added 8,000 jobs in those sectors since last year.
Friday BizSense reported that VCU had a high death rate for heart attack patients, today the health system responded.
VCU Health System has the third highest death rate for heart attack victims in Virginia and a higher mortality rate than the national average, according to a recent study.
A study by the government’s Center for Medicare and Medicaid did a survey of 4,200 hospitals nationwide. The study showed that VCU Medical Center had 19.8 percent death rate for people who are admitted with heart attacks
Dominion Resources gave more than $1 million to local free health clinics at a ceremony at Fan Free Clinic Tuesday. And the timing is right — patient volume at the free clinics in Richmond is up 25 percent compared to last year, on account of the economy.
Both non profit hospitals in Richmond are still very much operating in the black, but large investment losses are dragging down their financial performance, and that could clog the pipeline for new buildings and potentially increase the cost of borrowing in the future. And both say more patients are postponing certain care and having more trouble paying.