Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Judge unseals records of OxyContin lawsuit in Kentucky 9:00:00 AM A judge has unsealed records from a Kentucky lawsuit against the maker of the prescription painkiller OxyContin, including the secret testimony of a former company president. Quorum reports $5 million loss in first quarter after spinoff from CHS Wednesday, May 11, 2016 6:33 PM Quorum Health Corp., the 38-hospital system spun out of Community Health Systems last month, posted a $5 million net loss in its first quarter on revenue of $549.6 million that was flat compared with the year-ago period, the company said in its... Slavitt promises flexibility, mindfulness during MACRA implementation Wednesday, May 11, 2016 5:00 PM CMS Acting Administrator Andy Slavitt emphasized a commitment to working with providers as the new Medicare reimbursement system is implemented. House lawmakers said small-group and solo practitioners are concerned the model will push them out of... FTC will keep fighting Pa. hospital merger despite court loss Wednesday, May 11, 2016 2:00 PM The Federal Trade Commission has decided to continue battling a merger between Penn State Hershey (Pa.) Medical Center and PinnacleHealth System in Harrisburg despite a loss in federal court this week. Postcard triggers Ohio mental-health privacy mea culpa Wednesday, May 11, 2016 1:42 PM Ohio health officials are notifying 59,000 state residents that they were inadvertently identified as behavioral-health patients in mailed correspondence, resulting in a breach of protected health information. Big health insurance mergers rack up $400 million in legal and banking services Wednesday, May 11, 2016 12:18 PM Aetna, Anthem, Cigna Corp. and Humana cumulatively have spent more than $400 million on their armies of lawyers, investment bankers and other advisers who have crafted and advocated for their respective mega-mergers. Illinois state board OKs University of Chicago expansion, trauma center Wednesday, May 11, 2016 11:56 AM Illinois regulators approved University of Chicago Medicine's nearly $270 million campus expansion that includes a trauma center. The decision caps a relentless campaign among activists who long have called for such a specialized service in an area... HCA prepares $750 million stock repurchase from KKR Wednesday, May 11, 2016 11:52 AM HCA Holdings has agreed to spend $750 million to buy back 9.4 million of its common shares from Kohlberg Kravis Roberts & Co., one of the main investment groups that took HCA private in 2006, then public again in a 2011 initial public offering. Illinois doctor accused of buying $1 million worth of imported cancer drugs gives up license Wednesday, May 11, 2016 11:21 AM An Illinois doctor has permanently relinquished her medical license for allegedly putting patients at risk by giving them cheap, imported cancer drugs in violation of federal law. NYC hospitals' chief responds to tabloid takedown of Coney Island Hospital Wednesday, May 11, 2016 11:10 AM Dr. Ram Raju has received care from a physician at Coney Island Hospital for 15 years. The hospital is under attack by the New York Post, which has published stories by a single anonymous source describing dangerous conditions. "I'm not going to...

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