Kentucky Hospitals Community Benefits Programs Total $1.6 Billion in 2010
LOUISVILLE, Ky. — Community benefit programs and services contributed nearly $1.6 billion in community benefits in 2010, according to a recent report by the Kentucky Hospital Association released last month.
The report surveyed the state’s 131 hospitals and their net costs, or revenue they received for services aside from marketing.
The report found that the financial strength of hospitals was “intimately tied” to Medicare and Medicaid payments because 71 percent of patient days are covered by one of the two programs.
Balfour Beatty Construction recently hired John Waltz as its new senior vice president for the Houston division’s Large Projects group, where he will help the company expand its presence in the Houston area. Waltz has more than 25 years of experience in the commercial construction industry, including work in the office, energy, retail, health care and education markets.