Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Tuomey will pay U.S. $72.4 million to duck $237 million False Claims verdict Friday, October 16, 2015 5:45 PM Tuomey Healthcare System has agreed to settle with the government for $72.4 million—less than a third of the $237 million that a federal appeals court said it would have to pay for illegal compensation arrangements with doctors. FDA approves drug to counter effect of blood thinner Pradaxa Friday, October 16, 2015 5:27 PM The drug is the first to reverse the effects of the blood-thinning drug Pradaxa to lower the risk of excessive bleeding during surgery. Medicare ACOs lost $41 million to poor quality performance Friday, October 16, 2015 5:00 PM Keeping people out of the hospital is a primary goal of Medicare accountable care. For the most financially successful ACOs, however, that proved difficult last year, even with money on the line. California governor signs bill protecting 12-hour shifts Friday, October 16, 2015 5:00 PM A recently passed amendment to the California Labor Code protects the 12-hour workday favored by many healthcare workers and facilities. Insurance co-ops in Colorado and Oregon face closure Friday, October 16, 2015 4:45 PM The trouble surrounding the Affordable Care Act's co-op health insurance program is nearing disaster-level status. On Friday, the Colorado Division of Insurance said it would close Colorado HealthOP, and Health Republic Insurance, a co-op in Oregon,... Nursing home facilities up in arms over new rules Friday, October 16, 2015 4:30 PM A sweeping proposed rule aimed at significantly improving the quality of care Medicaid and Medicare beneficiaries receive in nursing homes is overly burdensome, industry insiders say, while advocates are praising the attempt to bring forth change. Emory/St. Joseph's cuts loss as volume increases Friday, October 16, 2015 4:15 PM Emory/St. Joseph's reduced its operating loss in fiscal 2015 as patient volume increased and the Atlanta-based system managed to cut its expenses. The system reported nearly flat salary and benefit expenses at a time when most systems are reporting... Mercy health system opens virtual care center Friday, October 16, 2015 3:48 PM Catholic healthcare system Mercy opened a $54 million virtual care center in Chesterfield, Mo., that uses only telemedicine technology, ranging from 24-hour monitoring in hospitals to checkups at the patient's home. FDA delays approval of new AstraZeneca combination diabetes drug Friday, October 16, 2015 3:00 PM Drug giant AstraZeneca was denied approval of a diabetes drug combination treatment by U.S. regulators, citing the need for more clinical information.

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