InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company Index  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search
 


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

InsHeadlines on Twitter

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1  2  3  4  5  6  7
 8  9  10  11  12  13  14
 15  16  17  18  19  20  21
 22  23  24  25  26  27  28
 29  30  31

1



Email to a friend | Print this | PDF version
See your advertisement here
New hospital set to break ground

 by Jackson Hole Star Tribune
 Oct 20,2006

Share |

The Wyoming Medical Center's dominance in regional health care is about to be challenged by Chicago and Dallas companies.

The Chicago-based National Surgical Hospitals Inc. is expected to break ground for a 45-bed hospital in the McMurry Business Park by the end of the year, Business Park project manager Dan Guerttman said Thursday.

The new hospital, scheduled for completion by mid-2008, would pose a serious competitive challenge to the nonprofit Wyoming Medical Center Inc., which leases Natrona County's hospital assets in exchange for providing indigent and prisoner care.

That impending competition is among the reasons why the Wyoming Medical Center needs to do a better job in collecting money from people who willingly don't carry insurance or refuse to pay, Wyoming Medical Center Board of Directors Chairman Mike Reid said Thursday.

"We're basically no different than any other business, except that we've had a monopoly, and now we're not going to have one," Reid said.

Reid and other WMC officials spoke at the monthly meeting of the Memorial Hospital of Natrona County board of trustees. The board of trustees oversees the lease of the county's hospital assets by the nonprofit WMC.

The McMurry Business Park, Guerttman said, is under contract with the Dallas-based real estate firm Cirrus, which will own the land where National Surgical Hospitals Inc. plans to break ground by the end of the year.

Dennis Solheim, chief development officer for National Surgical Hospitals, was out of the office Thursday and could not be reached for comment.

The new hospital would accept indigent patients, Guerttman added.

However, Wyoming Medical Center officials on Thursday again expressed concern that a for-profit hospital would take mostly insured patients.

If more commercially insured patients go to the for-profit hospital, the WMC would shoulder the burden of having fewer insured patients to make up the difference with the higher proportion of indigent and nonpaying patients.

That drop in revenue would affect the hospital's business including recruiting nurses and doctors, Reid said.

_______________________________________________________________

Reporter Tom Morton can be reached at (307) 266-0592, or at Tom.Morton@casperstartribune.net.

Copyright © 2006 by the Casper Star-Tribune published by Lee Publications, Inc., a subsidiary of Lee Enterprises, Incorporated



Share |

Did you enjoy this article? (total 0 votes)
Related news

Dispute Over Insurance Threatens Jamaica Hosp. by Queens-Chronicle posted on Jun 01,2006
As Health Overhaul Stalls, Hospitals Face Rising Cost Of Uncompensated Care by Medical-News-Today posted on Feb 11,2010
New York Times Examines Hospitals Deporting Undocumented Immigrants by Medical-News-Today posted on Aug 05,2008
BCBS Illinois To End Reimbursements To Hospitals For Treatment Related To Serious Medical Errors by Medical-News-Today posted on Aug 11,2008
California Medical Association Responds To Recent Remarks By President Obama by Medical-News-Today posted on Aug 17,2009
Finding Middle Ground by Insurance-Networking-News posted on Jul 02,2008
Property catastrophe remains top risk, but others gain ground by BusinessInsurance.com posted on Feb 23,2010
Storms could break promise by TBO.com-News posted on Oct 09,2008
Nine Out of 10 Americans Are Vulnerable to Home Break-ins by NAMIC posted on Dec 05,2008
Insurers Go To States For A Break On Surplus Requirements by National-Underwriter posted on Feb 17,2009

Comments (0 posted) 


Headline Sponsors


Sponsor

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2010 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com - InsurancePhonebook.com

Top Insurance News - Follow InsHeadlines on Twitter

Follow Insurance Headlines on Twitter and Share Insurance Industry News

About Us | Privacy Policy | Terms & Conditions | Insurance Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance RSS | Industry Links