Friday, 15 May 2015

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Father and son charged in insider trading case
9:00:00 AM
An investment banker at a Manhattan firm and his father were charged in court papers unsealed Thursday with using inside information to earn over $1 million illegally by trading in securities of five healthcare companies.


VA to investigate claims of billions wasted from purchasing abuse
Thursday, May 14, 2015 8:00 PM
Veterans Affairs Secretary Robert McDonald has asked for an investigation into a whistle-blower's claims that the VA spends some $5 billion a year on prosthetics and other supplies without contracts.


Continuity of care jeopardized in Pennsylvania Medicaid expansion
Thursday, May 14, 2015 6:45 PM
Gov. Tom Wolf's administration has been transitioning beneficiaries as he dismantles his GOP predecessor's alternative Medicaid expansion. But rate concerns and plan exits are raising questions about the plan.


PharMerica to pay $31.5 million settlement in drug case
Thursday, May 14, 2015 6:15 PM
PharMerica Corp. will pay the government $31.5 million to settle allegations that it dispensed narcotic drugs without valid prescriptions, the long-term-care pharmacy and the government announced Thursday.


Maryland nurse practitioners can practice independently of a physician
Thursday, May 14, 2015 5:51 PM
Maryland Gov. Larry Hogan signed the Nurse Practitioner Full Practice Authority Act this week. The measure allows nurse practitioners to prescribe certain drugs without having an "attestation agreement" with physicians.


Ascension's surplus dives almost 40% on drop in investment income
Thursday, May 14, 2015 5:00 PM
Ascension Health's surplus dropped nearly 40% in its most recent quarter as investment returns fell significantly from a year ago, even though returns on its portfolio are beginning to stabilize.


21st Century Cures bill advances with House debate down to quibbles
Thursday, May 14, 2015 4:00 PM
A House subcommittee voted unanimously to advance the sweeping package of measures aimed at fostering medical innovation, many of which would make significant changes to federal oversight of drugs and devices.


Tufts, Boston Medical Center decide against merger
Thursday, May 14, 2015 3:30 PM
Tufts Medical Center and Boston Medical Center have backed off from their proposed merger. The two academic medical centers announced in December that they would explore a deal, which state regulators said would "constitute a significant change" in...


New analysis disputes $2.6 billion price tag for drug development
Thursday, May 14, 2015 1:59 PM
Expensive breakthrough medications have inflamed the debate over the true cost of drug development. A perspective piece published in the New England Journal of Medicine this week contends a widely circulated estimate of that cost fails to reflect...


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