Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Kentucky co-op insurer won't participate in state's exchange for 2016 10:30:00 AM A Kentucky not-for-profit that emerged as one of the largest insurance providers on the state's health exchange has given notice that it won't offer plans for 2016, a decision affecting tens of thousands of customers ahead of the next enrollment... New Jersey senators ask FTC to delay healthcare alliance Friday, October 09, 2015 8:02 PM Two New Jersey senators are asking the Federal Trade Commission to delay the state's biggest health insurer from rolling out a new tiered healthcare system. Earnings surge at Shands with growing admissions Friday, October 09, 2015 7:17 PM Shands Teaching Hospital and Clinics, also known as the University of Florida Health system, reported a surge in its surplus for fiscal year 2015, thanks to a slight increase in admissions and "modest" rate increases from private payers. California plans limits on livestock antibiotic use Friday, October 09, 2015 4:30 PM California could become the first state in the country to implement strong regulation over the use of antibiotics for livestock. Supporters hope that could lead to tougher federal limits on such medications to control their use and prevent the... Drugs, insurance costs drive healthcare spending higher Friday, October 09, 2015 4:24 PM While higher drug prices and the soaring cost of administering health plans sent healthcare spending to its highest level of the year, there are some signs those costs are beginning to moderate, according to analysts at the Altarum Institute. MedPAC pivots on fairness of MA star-rating system Friday, October 09, 2015 3:00 PM The Medicare Payment Advisory Commission is holding off on recommending how Congress or the CMS should address a perceived disadvantage some Medicare Advantage plans say they face with the agency's star rating system. Cincinnati hospital to pay $4.1 million to settle claims for unnecessary surgeries Friday, October 09, 2015 2:00 PM West Chester Hospital in Cincinnati and its parent company UC Health will pay $4.1 million to settle allegations that the hospital submitted claims for medically unnecessary spine surgeries. The settlement reflects the government's growing interest... North Carolina county loses its only hospital Friday, October 09, 2015 1:59 PM Novant Health announced Wednesday that Franklin Medical Center in Louisburg, N.C., will close Oct. 16 due to a decline in utilization. The hospital, licensed for 83 beds, saw an average of eight patients a day, according to Caryn Klebba, a Novant... Flooding disrupts S.C. hospital workers' commute, contaminates water supply Friday, October 09, 2015 12:32 PM South Carolina was ravaged by storms this past weekend that has caused major flooding throughout the past week. Hospital officials say conditions are improving, but problems persist. California approves Blue Shield, Care1st merger over consumer group objections Friday, October 09, 2015 12:19 PM While regulatory approval of Blue Shield of California's $1.2 billion acquisition of the Los Angeles managed-care company Care1st removed its state tax-exempt status, consumer groups say the combined entity's commitment to expand access and increase...

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