Saturday, 25 July 2015

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

CMS extends moratorium on new home health agencies in some cities
Friday, July 24, 2015 6:24 PM
The CMS has again extended a moratorium for another six months on new Medicare home healthcare agencies, subunits and ambulance suppliers in a slew of major cities across the country. It's part of an ongoing battle against fraud, waste and abuse.


Cholesterol drug Praluent approved by FDA
Friday, July 24, 2015 6:00 PM
The Food and Drug Administration on Friday approved a first-of-a-kind drug that lowers artery-clogging cholesterol more than older drugs that have been prescribed for decades. But the drug's $14,600-a-year price tag is certain to escalate debate...


NNU wins rights to unionize at Kaiser's L.A. Medical Center
Friday, July 24, 2015 5:30 PM
National Nurses United and the affiliated California Nurses Association say they've won the rights to unionize nurses at Kaiser Permanente's flagship hospital in Los Angeles, months after it called for a strike at the hospital despite not...


Ascension buys Capella out of mid-Tennessee joint venture
Friday, July 24, 2015 4:25 PM
Ascension is assuming full ownership of four hospitals in mid-Tennessee that were previously managed in partnership with Capella Healthcare. Capella has been divesting hospitals in Tennessee and Missouri since last year as the business environment...


Employers warming up to private insurance exchanges
Friday, July 24, 2015 2:15 PM
Employers and health insurance companies showed a visible appetite for private health exchanges at a conference Thursday, building on executives' desires nationwide to keep the growth of healthcare costs manageable.


What's right, wrong and illegal in handling fetal tissue
Friday, July 24, 2015 2:15 PM
The selling of fetal organs and tissue is illegal under federal law. But donations are legal. In fact, an entire industry has formed around the brokerage of donations.


AbbVie beats 2Q profit forecasts but sales fall short; new drug OK'd
Friday, July 24, 2015 1:45 PM
Drugmaker AbbVie reported better-than-expected second-quarter profit, but its sales disappointed Wall Street. The FDA on Friday approved a new drug from AbbVie for the treatment of hepatitis C, creating a competitor to one of the most expensive...


Anthem acquiring Cigna in largest-ever health insurance deal: $54.2B
Friday, July 24, 2015 12:15 PM
Anthem will acquire Cigna for $188 per share, the health insurance companies announced Friday. The deal, including Cigna's debt, will be worth $54.2 billion. It is the largest-ever health insurance transaction.


California judge says he'll dismiss physician-aid-in-dying lawsuit
Friday, July 24, 2015 12:10 PM
In another setback for California advocates of medical aid in dying, a California Superior Court judge indicated Friday he would dismiss a case challenging the state's law against the practice, also known as physician-assisted suicide.


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