LYCOS RETRIEVER
Health Care Reit
built 679 days ago
By focusing its activities upstream, a health care facility can reduce the environmental impacts of the products and services it uses before regulatory problems arise or waste disposal costs increase. Upstream activities usually focus on reducing environmental impacts of products and services and where they come from instead of managing these impacts after they have occurred. For example, reducing mercury emissions by purchasing mercury-free products is an upstream tactic. Solving environmental problems will require a broader view, one that requires professionals from different areas of health care to work together to meet the challenge. Effective action to eliminate persistent bioaccumulative contaminants will require proactive activities such as engaging product manufacturers and waste treatment processors. Purchasing approaches bridge gaps by providing a dialogue within the supply chain on environmental attributes.
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Investors seem to agree: The Health Care Select Sector has underperformed the S&P 500 the past three years. Volatility is high, with small changes in the industry landscape producing large swings in stock prices.
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For companies such as Vencor and Genesis Health Ventures Inc., the average daily payment for a Medicare patient declined by more than 20 percent during the first quarter of 1999, compared with a year earlier. For Genesis, the average sank from $ 393 to $ 312.
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Health care REITs were formed in the mid-1980s when a few medical-service providers spun off their real estate assets. From a financial standpoint, the REITs got the better end of the stick…
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IHS acquired the bulk of its home health agencies in 1996, when it agreed to pay about $772,500 per site-$309 million in total-to acquire the 400 sites owned by First American Health Care of Georgia, Brunswick. That figure includes $155 million payable in instalments starting next year.
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A Burlington home health agency has been recognized as one of the Top 100 in the nation in its industry for quality care and efficiency. Advanced Home Health Care Ltd. was recently named to the 2006 Home Care Elite, an inaugural compilation of the most successful home care providers in the U.S., based on performance measures analyzed by Seattle-based health care information firm OSC Inc.
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