| Latest Breaking News from Modern Healthcare | Lawsuit accuses CVS of overcharging for generic drugs | | | CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco. |
| Healthcare spending grows twice as fast as economy | | Thursday, July 30, 2015 6:00 PM | |
| | Healthcare spending grew at twice the rate of the rest of the economy in the second quarter, renewing fears that the sector's upward march has resumed after nearly a half decade of relative calm. |
| CMS reduces pay bump for skilled-nursing facilities in fiscal '16 | | Thursday, July 30, 2015 6:00 PM | |
| | Skilled-nursing facilities will get a smaller rate increase than initially proposed by the CMS for fiscal 2016. The decrease is due to various changes in calculations including inflation predictions, according to a CMS spokesman. |
| U. of Maryland Medical Center CEO to retire | | Thursday, July 30, 2015 4:00 PM | |
| | Jeff Rivest, longtime president and CEO of the Baltimore-based University of Maryland Medical Center, has announced that he will retire this summer. |
| Cigna beats forecast with profitable second quarter | | Thursday, July 30, 2015 12:24 PM | |
| | Lower medical costs and more revenue from employer- and government-based health plans led to higher second-quarter profits for Cigna Corp., the Bloomfield, Conn.-based company reported Thursday. |
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