Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare BREAKING: More than 450 hospitals pay $250 million in cardiac-device investigation 11:30:00 AM More than 450 hospitals have settled with the government for $250 million as part of a years-long, nationwide investigation into the suspected overuse of implantable cardiac devices, the U.S. Justice Department announced Friday. Philidor to shut down after Valeant cuts ties 9:00:00 AM Valeant Pharmaceuticals has cut ties with Philidor following accusations that it was a "phantom pharmacy" used solely to artificially boost sales. Valeant said Friday that the mail-order pharmacy has informed the company that it will shut down. Medicare softens reimbursement blow to home health providers Thursday, October 29, 2015 6:56 PM The Medicare pay cut for home health providers in 2016 won't be as big as the CMS proposed in its draft payment rule, which the industry said would put some agencies out of business. Healthcare spending grows three times faster than GDP Thursday, October 29, 2015 4:45 PM National healthcare spending growth ballooned to more than three times the rate of the rest of the economy in the third quarter, as healthcare employers continue to hire at a breakneck pace, the federal government reported Thursday. CMS rule addresses how provider payment cuts hurt Medicaid beneficiaries Thursday, October 29, 2015 4:00 PM The CMS released a final proposed rule Thursday requiring Medicaid agencies to monitor access to care for beneficiaries, particularly when a physician rate payment reduction is sought. The rule was first proposed in May 2011 because of concerns with... Warner Chilcott to plead guilty to healthcare fraud, will pay $125 million Thursday, October 29, 2015 4:00 PM Drugmaker Warner Chilcott has agreed to plead guilty to healthcare fraud and will pay the government $125 million to resolve civil and criminal allegations, the U.S. Justice Department announced Thursday. Officials also arrested the company's former... CMS' proposed discharge changes would hit home health agencies Thursday, October 29, 2015 3:45 PM The CMS is proposing a massive overhaul of the discharge process for hospitals, rehabilitation facilities and home health agencies. The latter would likely be hardest hit, facing an annual cost of $283 million, the agency says. Baylor Scott & White: Communication is key during mergers Thursday, October 29, 2015 3:31 PM Merging two companies can be incredibly arduous from a financial, operational and legal perspective. But the process is also a challenge for PR professionals, who must quickly determine how to communicate the merger to the public and successfully... Mental-health reform bills advance as some House Democrats raise objections Thursday, October 29, 2015 11:33 AM The legislation seeks to clarify privacy rules to ensure that providers know they may share some diagnostic and treatment information with parents and other caregivers. Experts say legal concerns about sharing information between behavioral and...

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