Wednesday, 18 May 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Highmark sues feds over ACA payments
Tuesday, May 17, 2016 6:34 PM
Health insurer Highmark is suing the federal government to recover money owed under the risk-corridor program for plans sold on the Affordable Care Act's insurance exchanges. Republicans in Congress, calling the program a bailout for insurers,...


Larry Robbins' hedge fund sells off all CHS, UHS hospital stocks
Tuesday, May 17, 2016 3:45 PM
Just three years ago, billionaire hedge fund manager Larry Robbins fought tooth and nail for Community Health Systems' $7.6 billion takeover of Health Management Associates. Now he has lost faith in that massive hospital deal -- and in the...


New deals, new payment models continue to test Banner Health
Tuesday, May 17, 2016 2:57 PM
Banner Health is starting to stabilize its financial picture after an unexpectedly tough year. But while its finances looked stronger in the first quarter of 2016, most of the growth came from its legacy operations while new acquisitions and new...


ER docs sue HHS over out-of-network payments
Tuesday, May 17, 2016 2:07 PM
The American College of Emergency Physicians filed a federal lawsuit claiming that new guidelines on calculating insurers' responsibility for ER services rendered by an out-of-network hospital are unfair.


Wyo. hospital files for bankruptcy to deal with lawsuits
Tuesday, May 17, 2016 12:45 PM
Powell Valley Healthcare's board of directors approved filing for Chapter 11 bankruptcy protection Monday. The board said in a statement the lawsuits from former patients of Dr. Jeffrey Hansen are the only reason for the decision.


Police responded to 300 assaults at N.J. hospital
Tuesday, May 17, 2016 11:57 AM
Police responded to more than 300 assaults at Bergen Regional Medical Center, New Jersey's largest hospital, in 2015.


Providers, environmental groups launch 'green' purchasing co-op
Tuesday, May 17, 2016 11:31 AM
Four major health systems have joined forces with two environmental organizations to launch a purchasing cooperative focused on "green" products that could compete with traditional group purchasing organizations.


Lurie Children's doctors to staff Centegra's new hospital
Tuesday, May 17, 2016 11:29 AM
When Centegra Health System's third hospital opens in Huntley, Ill., in August, the sickest kids will be treated by doctors from Ann & Robert H. Lurie Children's Hospital of Chicago.


Facing huge losses, Mount Sinai Beth Israel to downsize
Tuesday, May 17, 2016 11:19 AM
Mount Sinai Beth Israel is close to announcing it will cut inpatient capacity after the New York City hospital lost hundreds of millions of dollars over the past two years. An announcement is expected within two weeks, according to a message sent to...


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