Business Services Industry
Mercy health system shows strong growth in 1997
Journal Record, The (Oklahoma City), Feb 25, 1998 by Kirby Lee Davis
Mercy Health System Oklahoma enjoyed strong growth in admissions, outpatient visits and total assets for 1997, the three-hospital system reports in its slick annual report. Spending on charity care also surged over the past year.
The Sooner State subsidiary of the Sisters of Mercy has enjoyed growth in all four areas over the last five years, but its 1997 marks were especially dynamic considering the system made no major acquisitions. In October 1995, the St. Louis parent company acquired St. Mary's Hospital in Enid from the Adorers Of The Blood of Christ, renaming the facility St. Mary's Mercy Hospital. The following year Mercy Health System Oklahoma added the Ardmore community hospital, now known as the Mercy Memorial Health Center.
Despite that, the Mercy Health System Oklahoma posted admissions of 20,000 last year, up 17 percent from about 17,000 in 1996. Its outpatient visits approached 500,000, up more than 30 percent from just more than 375,000 the prior year. Its total assets approached $280 million, almost 40 percent above the `96 level of just over $200 million. Its charity care, meanwhile topped $20 million, 66 percent above the $12 million level of 1996. Business Dr. Jeanette Padgett, who practices plastic and reconstructive surgery at The Plaza at Mercy, now employs a laser hair removal system called GentleLASE. It uses light beams directed at the unwanted hair, which are absorbed by the body chemical melanin found at the source of hair growth. The laser produces enough heat to disable just the hair follicle area. HealthCare Innovations now offers the CareLine program, which helps people with chronic health problems keep pace with their prescribed medication or treatment. The program, a national telephone-based monitoring system by the California firm BehavioralCare, is being marketed statewide through the Oklahoma Pharmacists Association. The Medicare program saved $23.8 million in fiscal 1997 due to payment safeguarding programs by Blue Cross and Blue Shield of Oklahoma, according to the Tulsa-based insurer. Last year Blue Cross processed nearly 1.2 million Medicare Part A claims, totaling $1.1 billion. People Dr. John E. Sequin has joined the staff of the Saints Family Health Center Midwest City office. The family physician from London, Ontario, who taught in the family medicine department at the University of Western Ontario, now teaches as an associate clinical professor in a similar vein with the University of Oklahoma College of Medicine. Etc. The Oklahoma Medical Research Foundation is seeking qualified participants in a clinical trial of a treatment to slow the progression of kidney disease with victims of type two diabetes. If interested, contact the foundation at 1-800-522-0211. Can your mind affect your heart? Dr. Mitchell Krucoff and nurse Suzanne Crater of the Duke University Medical Center Clinical Research Institute will answer that in a free seminar beginning 7:30 p.m. Thursday in the Raymond A. Young Conference Center at the Integris Baptist Medical Center. The pair also will discuss "Assumptions and Presumptions in Cardiovascular Mind-Body Research" at 5 p.m., counting as one hour of Category I continuing medical education. Eye disease and care will be the subject of the 7 p.m. March 9 meeting of the Diabetes Support Group at Deaconess Hospital. Dr. Layne Goetzinger will address the group in the hospital's Conference Room B. The next day, the Deaconess Center for Health and Wellness will present a panel discussion of "Eating Disorders Today." Featured will be eating disorder specialists Jodi Dodson and Donna Wade, along with Dr. Kathryn Brewer. The 7 p.m. program will be in the hospital's Spencer Conference Center. Dr. Marjorie Freedman will lead an Institute for National Resources seminar on "Alternative Medicine, An Objective View" from 9 a.m.-4 p.m. April 29 at the Tulsa Convention Center and April 30 at Oklahoma City's Ramada Inn -- Airport Northwest. Pre-registration tuition runs $57 per person. For more information, call (510) 450- 1650. Kirby Lee Davis welcomes your comments and contributions. You may reach him by phone at 278-2843, by fax at 278-2890, or by e-mail, dpage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics


