Allegheny fund moved proposed : the state and tenet want to put charitable donations into two new nonprofit organizations

Article Abstract:

In an effort to end the bankruptcy problems of Allegheny health system, the Pennsylvania Attorney General's Office proposed a compromise whereby millions of dollars in charitable assets will be transferred to two new non-profit organizations. This would then allow Allegheny to be bought by Tenet Healthcare Corp. Concern exists that the funds were inappropriately used before the bankruptcy. An audit will determine this. At least $17 million are believed to have been taken. The complex deal will mean that Philadelphia Health & Education Corp. will oversee the funds and endowments held by MCP-Hahnemann Medical School and Allegheny's other professional schools. As part of the deal, the court has allowed Tenet to lay off some staff.

author: Goldstein, Josh
United States, Asset sales & divestitures, Acquisitions & mergers, Tenet Healthcare Corp., THC

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Consumers assail Allegheny's bankruptcy filing

Article Abstract:

Allegheny health system's Chapter 11 bankruptcy filing is being questioned by members of the Coalition for Patients Not Profits, who claim that the filing is simply a means to elude Pennsylvania's standard regulatory procedures for the divestiture of a nonprofit group's holdings to a for-profit entity. Coalition members have asked State Attorney General Mike Fisher to intercede in Allegheny's plan to sell nine of its hospitals to for-profit concern, Vanguard Healthy Systems Inc. of Nashville, TN. They are also asking the attorney general to prevent community assets, such as individual donations and benefits, from being used to pay for debts owned to creditors.

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PA: Allegheny health system's Chapter 11 bankruptcy filing is being questioned by members of Coalition for Patients Not Profits

author: Goldstein, Josh
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Medications errors cut in area

Article Abstract:

Regional Medication Safety Program for Hospitals' report suggested that a regional effort to prevent hospital patients from being harmed by medication errors has made progress, but more must be done. Hospitals in Philadelphia and Pennsylvania suburbs collaborated on 16 safety goals designed to reduce medication errors by improving the way medicines are ordered and also the willingness of the staff to report errors and other problems.

author: Goldstein, Josh
General services, Safety and security measures, Prevention, Medication errors

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subjects list: Hospitals, Pennsylvania
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