Dale Owen has been called many things, depending on who’s talking. He’s a cardiologist with a “bullseye” on his back, who is fighting to resurrect a dinosaur: independent, doctor-owned practices. Last year, he led 88 doctors away from Atrium Health, North Carolina’s behemoth hospital system. This…
Although some activists wish Dale Folwell in the worst in his battle with hospitals, plenty of others across the political spectrum recognize that without reform both taxpayers and public employees will pay much more.
The largest physicians group in eastern North Carolina has agreed to participate in State Treasurer Dale Folwell’s cost-saving Clear Pricing Project. ECU Physicians, the medical practice of the Brody School of Medicine at East Carolina University, has signed a contract to…
Just when things were going so well. … Since 2011, the Republican-led General Assembly has restrained the growth of government, brought spending in line with revenue, paid down debt, put more money in savings than ever, and restored voter approval for new debt.
State Treasurer Dale Folwell is raising red flags about a proposed merger between publicly owned ECU Physicians, the medical practice of the Brody School of Medicine at East Carolina University, and Vidant Medical Group, a private entity that…
A third round of bond refinancing ratcheted state savings up to more than $133 million, a news release from state Treasurer Dale Folwell says. In the latest round, more than $243 million in Grant Anticipation Revenue Vehicles bonds were refunded. Almost $225 million in new,…
State Treasurer Dale Folwell hopes the General Assembly will build on its recent boost in the state’s Rainy Day Fund with a plan to make state pensions and health benefits more solvent. House Bill 651 would reduce tens of billions of dollars in long-term debt by…
State Treasurer Dale Folwell said Friday he “will pursue all avenues of appeal” after Durham Superior Court Judge James Hardin ruled against the state in enforcing regulations against massive pension spiking by a select group of state employees. “My administration inherited this case and…
The N.C. Department of Justice is considering how to respond to a Superior Court judge’s ruling that the state unconstitutionally charged health insurance premiums to state retirees. Already wracked by $42 billion in unfunded liabilities, the State Health Plan might have to absorb billions of dollars…
The State Health Plan’s unfunded liabilities have soared to $42 billion, the latest figures show, and Treasurer Dale Folwell said expenses will exceed earnings again this year. “We’re going to dip into reserves by hundreds of millions of dollars this year in the State Health Plan,”…
