The South Florida Business Journal has just released its annual list of top Physician Practice Groups in the region.  Ranked by number of physicians, the top five are:

• Baptist Health Medical Group (128)  
• CAC Florida Medical Centers (146)
• Pediatric Associates (150)
• Holy Cross Medical Group (157)
• UHealth-University of Miami Health System (1200)   

Demonstrating the consolidation in the industry, it's notable that last year UHealth had 1000 doctors.  Not all efforts at combination are effective though. Last year Mount Sinai Medical Center boasted 657 physicians.  This year they are not included in the top five. Another 2013 list member, Tenet Florida Physician Services, also dropped out of the top five.  

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Officials at Boca Raton Regional Hospital recently announced that both Fitch Ratings and Standard & Poor's Ratings Services (S&P) have raised the Hospital's investment grade credit rating from BBB- to BBB. Concurrently, both Fitch and S&P gave the Hospital a "Stable" ratings outlook.

In issuing the upgrades, Fitch and S&P noted a number of important factors that supported their respective decisions.  

They include:

• The Hospital's strong market position in southern Palm Beach County
• Improving operating performance, especially in the last two fiscal years
• Strong philanthropic support of the Hospital
• Expanding service area and strategic partnerships that have increased utilization
• Key service line and programmatic growth
• Continuing physician recruitment

"We are extremely gratified to have earned these upgrades in our credit rating," commented Jerry Fedele, President and CEO at Boca Regional.

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Memorial Regional Hospital Wins Accolade 

Memorial Regional Hospital recently earned The Joint Commission's Gold Seal of Approval for its ventricular assist device (VAD) destination therapy program, offered through its Memorial Cardiac and Vascular Institute.

Memorial Regional Hospital is the first hospital in Broward County to receive this coveted accreditation and only one of two programs now serving the South Florida community.

"Achieving the ventricular assist device destination therapy Joint Commission certification is an essential component of Memorial's goal to provide state of the art heart failure care to the South Florida community," said Enrique Gongora, MD, Medical Director of the Adult Heart Transplant and Mechanical Circulatory Support Program at the MCVI.

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