Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Medicare panel gives low vote of confidence to weight-loss treatments Wednesday, August 30, 2017 5:45 PM Doctors hoping for expanded Medicare coverage for weight-loss surgeries and devices may be out of luck, following a vote of low confidence in the treatments from an influential advisory panel. U.S. clears first 'living drug' for childhood leukemia Wednesday, August 30, 2017 4:00 PM Opening a new era in cancer care, the Food and Drug Administration approved the first treatment that genetically engineers patients' own blood cells into an army of assassins to seek and destroy childhood leukemia. CVS customer seeks dismissal of recent drug prices lawsuit Wednesday, August 30, 2017 4:00 PM A CVS customer wants to end a federal lawsuit that hit the drugstore chain in a sensitive area: The prices it charges for prescriptions. Detroit Venture Partners helps in $3.6 million round for PriorAuthNow Wednesday, August 30, 2017 1:28 PM Detroit Venture Partners assisted NCT Ventures in leading an investment funding round for Columbus, Ohio-based PriorAuthNow, which closed on $3.6 million in investments, the company announced Tuesday. Providers leverage technology to fight delayed payments Wednesday, August 30, 2017 12:00 PM Sanford Health has set up kiosks in its clinics that estimate patients' out-of-pocket costs, a practice that has significantly increased upfront collections. Delayed payments have taken a toll on many health systems' bottom lines.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Providers feel the pain of slow Medicaid mental services rule rollout Tuesday, August 29, 2017 7:00 PM After a 50-year ban, the CMS announced last year that Medicaid would pay for inpatient psychiatric and substance abuse care. Hospitals hoped the change would decrease their ER case loads, but have seen no relief yet. Trump's easing of building regulations could backfire during severe flooding Tuesday, August 29, 2017 5:00 PM As the unprecedented storm devastates southeast Texas, a new executive order easing infrastructure regulations could jeopardize the safety of providers that must cope with future natural disasters. Guest commentary: Tilting back toward independent medical practice and what it might mean for hospitals Tuesday, August 29, 2017 4:00 PM Hospitals were major beneficiaries of the Obama years. In exchange for significant Medicare rate concessions, they received 20 million paying patients under the ACA. MACRA also was a win. But HHS Secretary Dr. Tom Price has been quietly looking for... In a first, anti-inflammatory drug lowers heart attack risks Tuesday, August 29, 2017 3:45 PM For the first time, a drug has helped prevent heart attacks by curbing inflammation, a new and very different approach than lowering cholesterol, the focus for many years. Medicare shared-savings ACOs cut $1 billion in costs over three years Tuesday, August 29, 2017 3:00 PM Accountable care organizations in the CMS' Medicare shared-savings program reduced spending by about $1 billion in the first three years, while also improving quality of care, according to a report by HHS' OIG. Advisory Board split in $2.6B deal with UnitedHealth's Optum buying healthcare business Tuesday, August 29, 2017 12:00 PM The Advisory Board Co. will be acquired by UnitedHealth Group's Optum and a private investment firm in an estimated $2.6 billion deal that splits the consulting group's healthcare business from its private equity arm. Suit: Aetna violated law with envelope revealing HIV status Tuesday, August 29, 2017 12:00 PM The suit, which seeks class action status, could represent up to 12,000 Aetna customers in at least 23 states who received mail from the insurer revealing their HIV status. Gilead to pay $11.9B for cancer treatment developer Kite Tuesday, August 29, 2017 11:42 AM Gilead Sciences will pay $11.9 billion in cash to buy Kite Pharma and plant a stake in an emerging area of cancer treatments that train a patient's immune cells to attack tumors. CDC: 28.1 million in U.S. lack health coverage Tuesday, August 29, 2017 11:33 AM The government says about 500,000 fewer Americans had no health insurance the first three months of this year, but that slight dip was not statistically significant from the same period in 2016.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Gilead to pay $11.9B for cancer treatment developer Kite 11:42:45 AM Gilead Sciences will pay $11.9 billion in cash to buy Kite Pharma and plant a stake in an emerging area of cancer treatments that train a patient's immune cells to attack tumors. CDC: 28.1M in U.S. lack health coverage 11:32:35 AM The government says about 500,000 fewer Americans had no health insurance the first three months of this year, but that slight dip was not statistically significant from the same period in 2016. Experts: States can adjust to lower CHIP match if they have time to prepare Monday, August 28, 2017 6:29 PM Insiders say Congress will not pull the enhanced match for CHIP, at least not next year. But it's not clear if legislators can get funding finalized next month. Chicago's county health system outlook in 2018: More Medicaid patients, more revenue Monday, August 28, 2017 5:00 PM The Chicago-based Cook County Health & Hospitals System's financial well-being next year relies heavily on money flowing from its CountyCare health plan, which is projected to swell about 60 percent under a new Illinois Medicaid contract. Texas hospitals have been preparing for Harvey for years Monday, August 28, 2017 5:00 PM Hurricane Harvey, which killed two people and devastated parts of Texas this weekend, caused some hospitals to close or evacuate because of flooding and still-dangerous weather. Many have prepared for such an emergency for years. Hospitals warn Medicaid DSH cuts could lead to reduced access for low-income patients Monday, August 28, 2017 5:00 PM A planned multibillion-dollar cut in uncompensated-care reimbursements could push hospitals to reduce the amount of Medicaid patients they see or cut services for that population. Nursing home abuse or neglect often goes unreported, OIG finds Monday, August 28, 2017 4:00 PM More than 1 in 4 cases of abuse or neglect at skilled-nursing facilities are not reported to law enforcement and the CMS fails to identify and report those incidents, according to HHS' Office of Inspector General. Integrated primary-care models expand access to opioid abuse treatment Monday, August 28, 2017 2:00 PM Only 2.2 million of the more than 20 million Americans with substance abuse disorders receive any type of treatment for their addiction. A new study suggests coordinated-care models can provide more effective addiction treatment than only referring... Sinai-owned Holy Cross plans to close physical rehab unit Monday, August 28, 2017 11:34 AM Holy Cross Hospital has applied to shutter its inpatient physical rehabilitation unit, blaming specialty rehabilitation services for the decline of patients on Chicago's Southwest side. Northwell chief says Obamacare rule change led to insurer's early death Monday, August 28, 2017 11:20 AM Northwell Health chief executive Michael Dowling said the system's decision to disband its insurance company will not hinder its plans to better manage patients' health in order to capture the savings of reduced costs.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Sinai-owned Holy Cross plans to close physical rehab unit 11:34:40 AM Holy Cross Hospital has applied to shutter its inpatient physical rehabilitation unit, blaming specialty rehabilitation services for the decline of patients on Chicago's Southwest side. Northwell chief says Obamacare rule change led to insurer's early death 11:20:12 AM Northwell Health chief executive Michael Dowling said the system's decision to disband its insurance company will not hinder its plans to better manage patients' health in order to capture the savings of reduced costs. 'Mini-organs' help doctors treat cystic fibrosis 1:01:00 AM Doctors in the Netherlands have developed a way to grow mini organs outside the body for treatment, and hope to one day be able to transplant them. Beware the Dodger Dog? Baseball stadiums ranked for food safety 1:01:00 AM The Los Angeles Dodgers may be riding high with the best record in Major League Baseball so far this season, but when it comes to food safety they're in the basement. Deadly Harvey causes some Houston hospitals to close, evacuate Sunday, August 27, 2017 9:18 PM Hurricane Harvey, which killed two people and devastated parts of Texas this weekend, was causing some hospitals to close or evacuate because of flooding and still-dangerous weather.

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