Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare 'Awakenings' author, pioneering neurologist Oliver Sacks dies Sunday, August 30, 2015 2:47 PM There was the blind man who had the disastrous experience of regaining his sight. The surgeon who developed a sudden passion for music after being struck by lightning. Those stories and many more came from the pen of Dr. Oliver Sacks. Sacks, 82,...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Judge rejects call to block Walker from expanding Medicaid Friday, August 28, 2015 6:45 PM A judge on Friday rejected a request by state lawmakers to temporarily block Gov. Bill Walker from expanding Medicaid in Alaska. NLRB ruling could shake up healthcare staffing industry Friday, August 28, 2015 6:15 PM A ruling Thursday by the National Labor Relations Board could complicate relations between healthcare organizations and their workers employed by staffing agencies. Healthcare staffing firms may become a target for unions looking to organize workers... Froedtert continues to see higher volume, improved payer mix Friday, August 28, 2015 5:30 PM Froedtert Health, a Milwaukee-based system, ended its fiscal 2015 in a better financial position than the previous year as it added patients, improved its payer mix and found ways to deliver care more efficiently. Stakeholders say new 340B guidance adds red tape Friday, August 28, 2015 4:00 PM Both supporters and critics view the release Thursday of long-awaited federal guidance on the 340B Drug Pricing Program as a much-needed step to understand compliance. But an initial review of the 90-page document has some stakeholders worried. Fed dollars to address mental health issues post-Katrina may have been wasted: psychiatrist Friday, August 28, 2015 2:59 PM One Louisiana psychiatrist believes there's an untold story as the nation marks the 10th anniversary of Katrina. That's how federal funds to address mental health needs didn't result in more effective, large-scale, long-term treatment programs for... Insurers begin to review coverage of costly cholesterol drugs Friday, August 28, 2015 2:30 PM Now that the Food and Drug Administration has given the OK to two pricey drugs that treat high cholesterol, health insurers and pharmacy benefit managers are evaluating if one drug should receive preferred coverage over the other. Half of states aren't switching workers' comp claims to ICD-10 on Oct. 1 Friday, August 28, 2015 2:00 PM Only 21 states are planning to switch their workers' compensation claims to ICD-10 coding on Oct. 1. Four more have regulations in the works. Texas allows Medicaid funding for school telemedicine visits Friday, August 28, 2015 2:00 PM Starting next week, providers in the Lone Star State will be able to receive reimbursement for conducting telemedicine visits with Medicaid-enrolled children while they're in school. UPMC adds insurance members as Highmark tensions build Friday, August 28, 2015 11:49 AM The UPMC Health System, which has spent the past two years feuding with its largest commercial insurer, improved its financial standing in its fiscal 2015 by adding members to its own health plan.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Planned Parenthood alleges 'smear' in letter to Congress 1:01:00 AM Planned Parenthood Federation of America defended its practices Thursday in a lengthy letter to congressional leaders and included a report by experts it hired who found undercover videos of officials discussing fetal tissue for research were... Amgen wins approval for second biotech cholesterol drug Thursday, August 27, 2015 6:30 PM Amgen has won approval for the second medicine in a new class of biotech drugs that reduce artery-clogging cholesterol more than older statin drugs that have been used for decades. Scripps sees boost from higher third-quarter volume Thursday, August 27, 2015 5:55 PM Scripps Health treated more patients in the competitive San Diego market during its most recent fiscal quarter, but the four-hospital system was still unable to get ahead of its expenses. CMS says positive ICD-10 test results prove agency is ready for Oct. 1 Thursday, August 27, 2015 5:30 PM As providers around the country brace for the Oct. 1 conversion to ICD-10 diagnostic and procedural codes, the CMS is reporting positive results from the final round of end-to-end testing of the Medicare claims processing system. 340B 'mega-guidance' may narrow drug discounts Thursday, August 27, 2015 4:45 PM Federal regulators released long-awaited "mega-guidance" for the 340B Drug Pricing Program to clarify who is eligible to participate. It comes amid mounting criticism that the program has become overly broad with insufficient oversight. CMS boosts funding for initiative to improve care at nursing homes Thursday, August 27, 2015 1:06 PM The CMS announced today that it is combating the skyrocketing cost of nursing home hospitalizations by injecting funds into the Initiative to Reduce Avoidable Hospitalizations among Nursing Facility Residents. Ruling could help providers recover money from Medicare Advantage sequestration cuts Thursday, August 27, 2015 12:06 PM A recent decision by a federal judge may help bolster providers' lawsuits against Medicare Advantage plans over those plans' decisions to slash reimbursement rates in response to federal budget cuts.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Abbott denies report of plans to bid $25 billion for St. Jude 10:00:00 AM An Abbott spokesman said Thursday that the company is not preparing to buy rival St. Jude Medical, a medical device company for $25 billion as reported Thursday morning by the Financial Times. Blog: Do patients held for observation skew performance on quality measures? 9:00:00 AM Just how much success have hospitals had in their efforts to prevent patients from returning soon after leaving? Perhaps not as much as reported, two physicians argue at the blog for health policy journal Health Affairs. Amputees decry Medicare payment overhaul for artificial feet 8:45:00 AM Famous people don't often get involved with Medicare payment policy, but a Boston Marathon bombing survivor and a former U.S. senator who lost a leg in wartime service have joined an industry campaign to block new requirements for artificial legs... Life Flight pioneer, TV personality Dr. James 'Red' Duke dies Wednesday, August 26, 2015 6:08 PM Dr. James "Red" Duke died Tuesday at the age of 86. The healthcare TV personality pioneered Life Flight and was a responder the day President John F. Kennedy was shot. Average premiums of Florida's individual ACA plans to rise 9.5% Wednesday, August 26, 2015 5:45 PM The price of health plans sold on and off Florida's insurance exchange will go up an average of 9.5% next year, Florida's Office of Insurance Regulation said Wednesday. The final rates vary widely by insurer and type of plan. Presbyterian Healthcare Services sees continued boost from Medicaid managed care Wednesday, August 26, 2015 5:00 PM Presbyterian Healthcare Services, Albuquerque, reported strong growth in its health plan operations in the second quarter of 2015, building on the benefit it has seen since winning a Medicaid managed-care contract two years ago. VA unsuccessful in connecting patients and psychiatrists Wednesday, August 26, 2015 12:34 PM The Veterans Affairs Department "has not been fully effective" in its hiring practices or its use of existing personal to improve veterans' access to psychiatrists, according to a report by the VA inspector general. Blog: Arkansas' expansion a win, but future hangs in political uncertainty Wednesday, August 26, 2015 12:30 PM As the future of Medicaid expansion in Arkansas is decided by a Republican governor who remains on the fence about the measure backed by Democrats, an analysis by the Kaiser Family Foundation has found that it's been a resounding success. 80% of health IT leaders say their systems have been compromised Wednesday, August 26, 2015 12:00 PM Malware and botnets were the external attack vectors most commonly cited as breaching security at health plans and provider organizations. Blog: States stinting on treatment funding as heroin addiction takes off Wednesday, August 26, 2015 12:00 PM Some elected officials say we can't afford to pay for addiction treatment while an explosion of heroin use ripples through the nation, siphoning healthcare dollars and overwhelming prisons.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Few Medicare ACOs earned bonuses in 2014 Tuesday, August 25, 2015 6:45 PM Three out of four Medicare accountable care organizations did not slow health spending enough to earn bonuses last year, a continuation of mixed results for an initiative that federal officials have targeted for rapid expansion. Federal healthcare spending projections inch upward Tuesday, August 25, 2015 4:15 PM Federal spending on Medicare, Medicaid, the Children's Health Insurance Program and exchange subsidies will rise from 5.2% of the country's economic output in 2015 to 6.2% in 2025, the Congressional Budget Office said Tuesday. Corrective ads don't do much correcting Tuesday, August 25, 2015 4:00 PM Advertising designed to correct misleading claims drugmakers initially make regarding their products is ineffective toward changing consumer views, according to a new study. Banner aims to cut costs from UAHN as earnings lag Tuesday, August 25, 2015 4:00 PM Banner Health is working to cut costs from newly acquired University of Arizona Health Network as the academic medical center's losses weigh on its finances. New York clears North Shore-LIJ acquisition of Peconic Bay Medical Center Tuesday, August 25, 2015 4:00 PM North Shore-Long Island Jewish Health System has won state approval to acquire Peconic Bay Medical Center on Long Island, one of the latest targets of the system's ambitious push to expand its market and diversify. Cigna picks Tennessee market president Tuesday, August 25, 2015 2:45 PM Cigna Corp. has named Greg Allen as president of its Tennessee market. He'll oversee the Bloomfield, Conn.-based insurer's products and services in the state, including employer-based group benefit plans, individual plans and Medicare plans. Pace of post-acute care M&A deals slows Tuesday, August 25, 2015 12:19 PM Companies in both the post-acute care and senior housing sector continue to be opportunistic when it comes to mergers and acquisitions, but the difficult task of combining organizations is forcing some to take a breather. The Oscar of dental insurance? That's what Beam is shooting for Tuesday, August 25, 2015 12:17 PM Oral health coverage is mostly left out of the broader healthcare debate. A budding dental insurance company called Beam wants to fill that cavity, similar to Manhattan-based Oscar Insurance Corp. with its emphasis on consumer convenience. Florida to audit hospital Medicaid managed-care contracts Tuesday, August 25, 2015 12:02 PM Florida's governor has requested random audits of Medicaid managed-care contracts as the state's insurers press for higher rates.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Catholic Health Service of Long Island sees income soar 1:01:00 AM Catholic Health Services of Long Island ended the first half of the year with a hefty increase in surplus as the system saw solid growth in patient revenue. Robust Medicare Advantage competition almost nonexistent 1:01:00 AM Competition among Medicare Advantage plans more closely resembles local oligopolies instead of a buzzing market overflowing with options for seniors, a new study from the Commonwealth Fund shows. Kidney-care providers consolidate to manage costs, patient care Monday, August 24, 2015 6:30 PM The largely consolidated dialysis sector has been quiet on the M&A front of late, but the transition to value-based payment models could be renewing the drive for scale. In market turmoil, hospitals and insurers fare marginally better Monday, August 24, 2015 6:00 PM U.S. hospital and health insurance stocks fluctuated and fell with a volatile market on Monday as China's market turmoil unnerved investors. How much the sector's stocks rebound will depend on whether investors believe they're too pricey in an... Premier hits expectations for latest quarterly earnings Monday, August 24, 2015 5:00 PM Premier reported a jump in revenue, banking on strong GPO performance and positive software sales from recent acquisitions. Safety net hospitals say new rating system doesn't consider socio-economic factors Monday, August 24, 2015 4:21 PM A new federal tool aimed at helping patients determine the best hospital for their care is raising questions over whether it provides an accurate assessment of quality. Black and Hispanic doctors still underrepresented in the U.S. Monday, August 24, 2015 4:15 PM Black and Hispanic populations continue to be underrepresented when it comes to the number of graduate medical education trainees, according to a new analysis. The study raises questions as to whether having fewer physicians from underrepresented... Federal appeals court affirms FTC's power to regulate cybersecurity Monday, August 24, 2015 4:00 PM A federal appeals court on Monday affirmed the Federal Trade Commission's power to regulate cybersecurity -- a decision that follows a number of massive healthcare data breaches over the past year. Pfizer says Hospira purchase will close in early September Monday, August 24, 2015 2:45 PM Drugmaker Pfizer says it's received the final regulatory approvals for its $15.23 billion purchase of the injectable drug and infusion devicemaker Hospira, and says the deal will close in early September. The FTC has ordered Pfizer to sell four... Possible expansion of nurse independence is hot-button issue for VA Monday, August 24, 2015 2:00 PM If the Veterans Affairs Department expands the scope of practice of its advanced practice nurses, VA hospitals could become "regulatory islands" in some states with limited practice laws.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Anti-abortion group releases video snippet after court win 11:00:00 AM An anti-abortion group released a snippet of video on Friday showing a California company executive discussing fetal tissue for research after a judge ruled the group could show the footage even if it was illegally recorded. Google to launch life sciences company Friday, August 21, 2015 6:35 PM Google, which recently announced plans to reorganize the company and its multiple ventures, will launch a life sciences company to develop new healthcare technology, the company's co-founder announced. VA secretary touts improvements in customer service Friday, August 21, 2015 6:11 PM The VA has completed 7 million more appointments this year than last and 22% of appointments get handled on the same day veterans call. VA Secretary Robert McDonald said that proves progress has been made in transforming the agency's culture. He... California judge allows anti-abortion group to release video Friday, August 21, 2015 5:39 PM An anti-abortion group has a free speech right to release covert video of discussions with a California company that provides fetal tissue for research, even if the footage was illegally recorded, a judge ruled Friday. Plan administrators may be sued over mental health parity law, court decides Friday, August 21, 2015 4:15 PM Third-party administrators of insurance plans can be sued over allegedly failing to follow a federal law that requires insurers to offer mental health coverage equal to that provided for physical problems, a federal appeals court ruled Thursday. Rush's operating income booms but takes bond refinancing hit Friday, August 21, 2015 4:00 PM An increase in admissions led to an uptick in income for Rush University Medical Center in Chicago, but the system also incurred a big charge for bond refinancing for the fiscal year ended June 30. North Carolina providers, insurers may compete for managed Medicaid Friday, August 21, 2015 4:00 PM A political and philosophical brawl among providers, insurers and policymakers in the Tar Heel State is reaching a possible resolution as North Carolina's Legislature attempts to coalesce around a bill that would overhaul the state's Medicaid... Review shows feds misstated Arizona insurance co-op results Friday, August 21, 2015 3:30 PM A federal government analysis that said Arizona's health insurance co-op had gotten just a fraction of its projected enrollment last year missed thousands of signups and incorrectly showed the state not-for-profit set up under the Affordable Care... Via Christi Manhattan gets boost from outpatient care as occupancy falls Friday, August 21, 2015 12:10 PM Via Christi Hospital in Manhattan, formerly known as Mercy Regional Health Center before it became part of Ascension Health, saw an increase in outpatient volume in 2015, particularly through physician visits. Feds pushing EHR vendors toward modular software Friday, August 21, 2015 12:00 PM A proposed federal regulation favoring modular electronic health-record systems is changing the way vendors certify and market their software to providers striving to meet the requirements of the government's EHR incentive program.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Healthways fires chief operating officer Thursday, August 20, 2015 6:44 PM Health and wellness firm Healthways has fired Matthew Michela, its chief operating officer, less than a year after he earned a promotion. Michela plans on filing a lawsuit in response. Health Net considered takeover options since 2013 Thursday, August 20, 2015 5:00 PM Health Net, the Woodland Hills, Calif.-based insurer that is being acquired, had explored the market for almost two years before inking its sale to Centene Corp. this summer, a regulatory filing shows. Earliest breast cancer risky for some women, study suggests Thursday, August 20, 2015 3:45 PM New research shows that chances of dying from very early breast cancer are small but the disease is riskier for young women and blacks, the same disparities seen for more advanced cancer. Money and time needed to bring more doctors to VA Thursday, August 20, 2015 3:30 PM The effort to recruit and train physicians to tend to the specific and often very locally focused needs of VA patients is slow-going despite its fast-track implementation, according to the Veterans Affairs Department. Providence to own healthcare clinics inside Walgreens stores in Ore. and Wash. Thursday, August 20, 2015 3:00 PM Providence Health & Services will lease space at some Walgreens drugstores across Oregon and Washington state. The healthcare system and drug retailer have entered into a unique agreement where Providence will own and operate healthcare clinics... Sharp HealthCare on track for yet another year of solid growth Thursday, August 20, 2015 2:15 PM Sharp HealthCare's financial performance remained strong last quarter, continuing what has been solid growth in recent years as the San Diego-based system steadily gains market share. Providers working to stop antimicrobial-resistant diseases Thursday, August 20, 2015 1:51 PM Health officials and providers are scrambling to find ways to fight antibiotic-resistant infections, which can affect 1 in 25 hospital patients and can kill 23,000 people every year. Parkland opens new $1.3 billion hospital in Dallas Thursday, August 20, 2015 11:58 AM Parkland Health & Hospital System in Dallas started moving some 650 patients into a new 2.5 million-square-foot facility, culminating a five year process that started five years ago with a voter-approved bond issue.

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